5505 Mary Lane Dr, San Diego, CA — listing photo 1
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FOR SALENew Listing

5505 Mary Lane Dr

San Diego, CA 92115
6,748 Lot Sq Ft
Built 2023
$3,195,000

Property Overview

TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Offered at a 5.8% CAP rate WITH MANAGEMENT in place! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. Extremely rare for properties this close to campus to become available for sale.

Home Details

Property type
Residential Income
Year built
2023
Lot size
6,748 sq ft
Stories
2
Days on market
0
MLS status
Active

Community, Schools & Utilities

Utilities

Cooling
None
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Location & Neighborhood

5505 Mary Lane Dr

San Diego, CA 92115

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Frequently Asked Questions About 5505 Mary Lane Dr

Property type: Residential Income

The current asking price is $3,195,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5505 Mary Lane Dr. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2023. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Diego, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Diego property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Alexio Barbara
MLS ID: SAND-674357

Available property

$3,195,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.