MLS# 240028119 – 5232 Prosperity Ln, San Diego, CA 92115

Price: $1,495,000
Beds: 8
Baths: 4
Living Area SqFt: 3,318
Status: Pending
Property Type: Detached
Lot Size Acres: 0.14
Lot Size SqFt: 6,300
Year Built: 1961
Neighborhood: College West
Days on Website: 18

Courtesy of LPT Realty,Inc

Property Description

Welcome to your dream investment or multi-generational living opportunity near San Diego State University! This exceptional property offers an 8-bedroom, 4-bathroom layout across a spacious 3318 sqft, with endless possibilities. The main house features 6 large bedrooms, 3 bathrooms, an open living area, and a newly remodeled kitchen with upgraded flooring throughout. Natural light pours into the expansive space, making it perfect for gatherings or relaxation. Adding even more value is the newly built, fully permitted 2-bedroom, 1-bathroom ADU with its own address, private entrance, kitchen, and laundry hookups—ideal for renting out or personal use. Step outside to enjoy your private oasis with a sparkling pool, stunning backyard views, and ample space for entertaining. Situated on a cul-de-sac in a high-demand rental area, this property is currently leased below market at $7,940/month, with potential to exceed $10,000/month for the next lease. With proximity to SDSU, this turn-key investment property offers constant rental demand. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins. Rent out the main house and live in the ADU, or maximize returns by renting both. Opportunities like this don’t come often!

Open House

Property Details and Features

  • Bathrooms
  • 4 full bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 8 bedrooms
  • 8 total bedrooms
  • Second Bedroom
  • 11×11 square feet
  • Third Bedroom
  • 11×11 square feet
  • Fourth Bedroom
  • 23×11 square feet
  • Fifth Bedroom
  • 18×12 square feet
  • Building
  • 3,318 estimated square feet
  • Source: Assessor Record
  • Built in 1961
  • 2 story
  • Dining Room
  • 16×16 square feet
  • Exterior Features
  • Wood/Stucco
  • Fence
  • Wood
  • Family Room
  • 50×13 square feet
  • Water Features
  • Public
  • Heating
  • Forced Air Unit
  • Natural Gas
  • Kitchen
  • Kitchen is 14×7 feet
  • Laundry
  • Garage
  • Electric
  • Listing
  • Source: SDMLS
  • For Sale
  • 10 days on market
  • Listed on 2024-12-07
  • Location
  • Community: College Grove
  • County: San Diego
  • Lot
  • Approximately 6,300 square feet
  • 4,000-7,499 SF
  • Living Room
  • 13×13 square feet
  • Primary Bedroom
  • 17×17 square feet
  • Garage
  • 2 garage parking spaces
  • Attached
  • Parking
  • 2 non-garage parking spaces
  • 4 total parking spaces
  • Non-Garage Parking: Driveway – Concrete
  • Pool
  • Below Ground
  • Roof
  • Shingle
  • Sewer
  • Public Sewer

Property Map

$1,495,000 – 5232 Prosperity Ln, San Diego, CA 92115

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Marc Lyman delivers results with a proven track record in San Diego real estate. Marc leverages more than a decade of expertise in San Diego's dynamic real estate market. Known for his innovative marketing strategies, unwavering integrity, exemplary communication, and tenacious commitment to client satisfaction, Marc orchestrates smooth and seamless transactions while always prioritizing your best interests. With sharp negotiation skills, a deep understanding of San Diego’s neighborhoods, and a strategic, client-focused approach, Marc is dedicated to providing conscientious counsel and maximizing your real estate success. Whether you're buying or selling a home in San Diego, connect with Marc today and experience the expertise that leads to successful real estate results.

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MLS# 240028119 – 5232 Prosperity Ln, San Diego, CA 92115