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4934 64Th St

San Diego, CA 92115
  • $930,000
  • STATUS: Closed
  • ON SITE: 403 Days
  • ID#: 230009074SD
Sold - 08/08/2023
$930,000
SOLD - 08/08/2023
  • 4
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,763
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Robert Brown of Fantastik Realty (858-397-3108)


Description

Value Range $895k - $965k - Outstanding Investment Opportunity! Presenting a fully turn-key, "minidorm" style student rental situated in a prime location, just steps away from SDSU. Nestled on a sought-after street renowned for student rentals, this 6-bedroom property is currently leased for $5700 per month to a group of SDSU students. The 6 bedroom house is under-rented (market rent is $6500, houses near SDSU rent for $1000- $1100 + per bedroom) through July 24 to students for $5700 / month. The current owner has meticulously maintained and managed the house for many years. Explore the potential to build an ADU on the property, as neighboring homes have successfully rented their ADUs for $4,500+ per month. Due to the consistently high demand for student rentals in this prime location, the property has experienced annual rent increases nearly every single year per the owner. With its proximity to SDSU, this investment offers low vacancy, ensuring a stable and reliable income stream. Expertly managed by a top-notch student rental management company, this property offers an unbeatable location close to campus, shopping centers, dining options, and convenient freeway access. The spacious backyard provides an excellent space for relaxation and entertainment. The driveway offers generous space for parking. Don't miss exceptional income-generating opportunity! Student rentals optimized for CA rent control: they usually have new student groups every year. Call for management, ADU architect or contractor referrals.

Sold by Robert Brown of Fantastik Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T00:34:09.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
www.carminsellshomes.com/homes/139586256
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4934 64Th St San Diego, CA 92115

  • Price: $965,000
  • Status: Closed
  • On Site: 403 Days
  • Updated: 76 min ago
  • ID#: 230009074SD
4
Beds
2
Baths
0
½ Baths
0.12
Acres
1,763
SQFT
$0
$/SQFT
1951
Built
Neighborhood:
San Diego
County:
San Diego
Area:
92115 - San Diego
Property Description
Value Range $895k - $965k - Outstanding Investment Opportunity! Presenting a fully turn-key, "minidorm" style student rental situated in a prime location, just steps away from SDSU. Nestled on a sought-after street renowned for student rentals, this 6-bedroom property is currently leased for $5700 per month to a group of SDSU students. The 6 bedroom house is under-rented (market rent is $6500, houses near SDSU rent for $1000- $1100 + per bedroom) through July 24 to students for $5700 / month. The current owner has meticulously maintained and managed the house for many years. Explore the potential to build an ADU on the property, as neighboring homes have successfully rented their ADUs for $4,500+ per month. Due to the consistently high demand for student rentals in this prime location, the property has experienced annual rent increases nearly every single year per the owner. With its proximity to SDSU, this investment offers low vacancy, ensuring a stable and reliable income stream. Expertly managed by a top-notch student rental management company, this property offers an unbeatable location close to campus, shopping centers, dining options, and convenient freeway access. The spacious backyard provides an excellent space for relaxation and entertainment. The driveway offers generous space for parking. Don't miss exceptional income-generating opportunity! Student rentals optimized for CA rent control: they usually have new student groups every year. Call for management, ADU architect or contractor referrals.
Exterior Features

Architectural Style Cottage Construction Materials Wood Siding Fencing Partial Open Parking Spaces 4 Parking Features Converted GarageDrivewayOther Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Composition Sign On Property YN No

Interior Features

Appliances 6 Burner StoveDishwasherGas OvenGas RangeMicrowaveRefrigerator Cooling None Cooling YN No Heating Forced AirNatural Gas Heating YN Yes Interior Features All Bedrooms Down

Property Features

Association YN No Buyer Financing Cash To New Loan Garage YN No Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Property Sub Type Single Family Residence Senior Community YN No Zoning R-1:Single



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-23T00:34:09.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371413456-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371413456-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371413456-2.jpg
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The Ramos Group | Keller Williams High Desert
12530 Hesparia Rd Suite 101
Victorville CA, 92395
Listing Agent(s): Robert Brown of Fantastik Realty (858-397-3108)