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
Baths3.0

Monthly Estimate*

$ 20,174

Listed by Bridgepoint Realty Inc
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Studio

Multi-Family Home for sale in San Diego, CA

for $3,195,000 with 3 full baths. This home was built in 2023 on a lot size of 0.1549.

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

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1549

Year Built

2023

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260022437SD

Days on Market

1

Features
General
Cooling None
HOA Fee 0
Year Built 2023
Stories Count 2
Levels Two
County San Diego
Net Operating Income 183793
Property Type Residential Income
Status Active
Directions CrossStreet: 55th St
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92115 - San Diego
Lot Size Units Square Feet
Lot Size Square Feet 6748
Listing Terms Conventional
Standard Status Active
Cap Rate 5.8
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 6748
Park Name College Area
Number of Buildings 1
Spa false
Lot Size Acres 0.1549
Lot Size Source Public Records
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* Excluded Features
List By
Bridgepoint Realty Inc

Broker

barbara@bridgepointmultifamily.com

Email

Affordability Calculator

$20,174
Per Month
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Monthly Principal & Interest
$20,174
Monthly Property Taxes
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Monthly Home Insurance
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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
4827338 Elementary School
4827337 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 0.1549. 5505 Mary Lane Dr is a studio with 3.0 baths and was built in 2023. The property's zip code is 92115 which is in San Diego, CA