5232 Prosperity Ln
San Diego, CA 92115
3318 sqft | 8 beds | 4 baths | 0.14 acres | #240028119SD
Description
Welcome to your dream investment or multi-generational living opportunity near San Diego State University! This exceptional property offers an 8-bedroom, 4-bathroom layout across a spacious 3318 sqft, with endless possibilities. The main house features 6 large bedrooms, 3 bathrooms, an open living area, and a newly remodeled kitchen with upgraded flooring throughout. Natural light pours into the expansive space, making it perfect for gatherings or relaxation. Adding even more value is the newly built, fully permitted 2-bedroom, 1-bathroom ADU with its own address, private entrance, kitchen, and laundry hookups—ideal for renting out or personal use. Step outside to enjoy your private oasis with a sparkling pool, stunning backyard views, and ample space for entertaining. Situated on a cul-de-sac in a high-demand rental area, this property is currently leased below market at $7,940/month, with potential to exceed $10,000/month for the next lease. With proximity to SDSU, this turn-key investment property offers constant rental demand. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins. Rent out the main house and live in the ADU, or maximize returns by renting both. Opportunities like this don’t come often!
Property Details
- InteriorBedroomOnMainLevel, MainLevelPrimary, WalkInClosets
- Property SubtypeSingleFamilyResidence
- SubdivisionCollege Grove
- MLS #240028119SD
- MLS #240028119SD
- Original List Price$1,495,000
- CountySan Diego
- Property TypePurchase
- Cost1495000
- Acres0.1446
- Utility SourcePublic
- Square Feet3318
- Year Built1961
- Bedrooms8
- Bathrooms4
- Full Baths4
- Stories2
- Parking Spaces2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Peyman Mortezaie (#SAND-680710)
Listing Office: Big Block Realty, Inc. (#SAND-3401)
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