5091 Alumni Place new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,989 sqft
Price per Sqft $533
MLS Listing ID NDP2510779
Bedrooms 11
Full Baths 6
Year Built 1977
Lot Size 7,405 Sqft
Property Sub-Type Detached
Property Description
Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-inready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.
Location
State CA
County San Diego
Zoning R-1:SINGLE
Interior
Fireplaces Type FP in Living Room,Other/Remarks,Free Standing
Exterior
Parking Features Garage,Garage - Two Door
Garage Spaces 2.0
View Y/N Yes
View City Lights
Building
Story 3
Sewer Public Sewer
Schools
School District San Diego Unified School Distric
Others
Acceptable Financing Cash,Conventional,VA,Cash To New Loan
Listing Terms Cash,Conventional,VA,Cash To New Loan
Special Listing Condition Standard
Virtual Tour https://tours.previewfirst.com/ml/156243