5505 Mary Lane Dr San Diego, CA $ 3,195,000
5505 Mary Lane Dr
$ 3,195,000
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5505 Mary Lane Dr

San Diego, CA, 92115
$ 3,195,000
Bedrooms14 Baths8.0

Monthly Estimate*

$ 20,174

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Multi-Family Home for sale in San Diego, CA

for $3,195,000 with 14 bedrooms and 8 full baths. This home was built in 2023 on a lot size of 0.154913.

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.

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Multi-Family Active

Price

$ 3,195,000

Bedrooms

14

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Lot Size

0.154913

Year Built

2023

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260022437

Features
General
Cooling N/K
Roof Other/Remarks
Security Features N/K
Construction Materials Other/Remarks
Year Built 2023
Tenant Pays N/K
Levels 2 Story
Property Subtype Res Income 2-4 Units
Community Features N/K
Building Name College Area
County San Diego
Operating Expense 67872.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name College Estates(1260)
Full Baths 8
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 4
MLS Area Metro Uptown
Lot Size Units Acres
Lot Size Square Feet 6748.0
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 5.8
Freehold IDX
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Exterior
Fencing Other/Remarks
Lot Size Area 0.0
Number of Buildings 1
Building Area Total 3877.0
Waterfront Y/N N
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Interior
Total Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 14
Total Baths 8
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* Excluded Features
List By
Alexio Barbara

Listing Agent

Bridgepoint Realty Inc

Broker

(760) 419-1343

Phone

Affordability Calculator

$20,174
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,174
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2026$3,195,000 Listed Price

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5505 Mary Lane Dr, San Diego, CA, 92115 is a Multi-Family Home for sale at $3,195,000 with a lot size of 0.154913. 5505 Mary Lane Dr has 14 bedrooms, 8.0 baths, and was built in 2023. The property's zip code is 92115 which is in San Diego, CA