5137 Rincon San Diego CA 92115
RESIDENTIAL
$ 1,249,000
Description
Pleased to present a well located student rental property with ADU PLANS APPROVED by end of May! Immediate value add potential just a short walk to the center of the San Diego State University campus. 5137 Rincon is a large corner lot comprised of an existing 7bed/4bath main house and plans to add an attached 1200 SF ADU in the back yard. The house is advertised for $7,000 per month and has major further potential for rent growth. Estimated 7.4% CAP rate after costs with ADU buildout and 3rd party management! Ability to further optimize the land use by enclosing the front yard space. Student rentals circumvent CA Rent control as they typically have new student groups each year. Shown with accepted offer only – virtual walk through link available. contact agent for details, building plans, and management/contractor referrals.
Rooms & Units description
- Family Room Dimensions: 10x10
- Master Bedroom Dimensions: 10x10
- Living Room Dimensions: 10x12
- Bedroom 5 Dimensions: 10x10
- Bedroom 4 Dimensions: 10x10
- Bedroom 3 Dimensions: 10x12
- Kitchen Dimensions: 10x9
View on map / Neighborhood
Location Details
- Zoning: RS 1-7
- Zip/Area: SAN DIEGO (92115)
- County: San Diego
- Neighborhood: San Diego State University
- Topography: Level
Property Details
- Listing Type: Exclusive Right (R)
- Market Area: Metro Uptown
- Sale/Rent: For Sale
- Residential Styles: Detached
- Terms: Conventional
- Price per SqFt: $ 613
- Levels: 1 Story
Property Features
- Laundry Utilities: Electric,Gas,Washer Hookup
- Roof: Composition
- Cooling: Attic Fan
- Pool: N/K
- Exterior: Stucco
- Pets: No
- Fencing: Gate,Wood
- Parking Garage: None Known
- Parking Non-Garage: Driveway - Concrete
- Heat Equipment: Radiant
- Sewer/Septic: Sewer Connected,Public Sewer
- Laundry Location: Laundry Room
- Heat Source: Natural Gas
- Parking Spaces Total: 3
- Water: Meter on Property,Public
Fees & Taxes
- Other Fees: 0.0
Miscellaneous
- AVM (Y/N): Yes
- IDX (Y/N): Yes
- Mandatory Remarks: None Known
- Short Sale: No
- Ownership: Fee Simple
- Directions To Property: Montezuma to ewing to rincon
Courtesy of
- Office Name: South Coast Commercial, Inc.
This Detached style property is located in is currently RESIDENTIAL and has been listed on Blue Chip Realty Group. This property is listed at $ 1,249,000. It has 7 beds bedrooms, 4 baths bathrooms, and is . The property was built in 1951 year.