MLS# 250025723 – 5544-46 Mary Lane, San Diego, CA 92115

Price: $2,100,000
Beds: 8
Baths: 4
Living Area SqFt: 3,500
Status: Active
Property Type: Detached
Year Built: 1954
Neighborhood: Sdsu
Days on Website: 18

Courtesy of The Jake May Team, Inc.

Property Description

An outstanding investment opportunity featuring two single-family properties currently utilized as student housing near San Diego State University. These homes offer dependable rental income in a dedicated student housing market. The first home, built in 1954 and remodeled in 2010, provides four bedrooms and two bathrooms, combining classic charm with modern updates to create a comfortable living space for tenants. The second property, constructed in 2022 and listed as an Accessory Dwelling Unit (ADU), includes four bedrooms, two bathrooms, a two-car garage, and alley access. Its contemporary design and amenities make it a functional and convenient housing option for students. Both homes are fully occupied by female tenants with leases secured through the school year of 2026. Their proximity to the university ensures they remain ideal student housing.

Open House

Property Details and Features

  • Bathrooms
  • 4 full bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 8 bedrooms
  • 8 total bedrooms
  • Second Bedroom
  • 13X12 square feet
  • Third Bedroom
  • 12X12 square feet
  • Fourth Bedroom
  • 12X12 square feet
  • Fifth Bedroom
  • 13X12 square feet
  • Building
  • 3,500 estimated square feet
  • Source: Plans
  • Built in 1954
  • 2 story
  • Cooling
  • Central Forced Air
  • Electric
  • Dining Room
  • 16X10 square feet
  • Exterior Features
  • Stucco
  • Fence
  • Partial
  • Family Room
  • 17X13 square feet
  • Water Features
  • Available
  • Heating
  • Combination Heating
  • Forced Air Unit
  • Natural Gas
  • Kitchen
  • Kitchen is 8X12 feet
  • Laundry
  • Laundry Room
  • Outside
  • Electric
  • Gas
  • Listing
  • Source: SDMLS
  • For Sale
  • 4 days on market
  • Listed on 2025-04-26
  • Location
  • Complex/park: ****GO AZTECS****
  • County: San Diego
  • Lot
  • 7,500-10,889 SF
  • Living Room
  • 15X15 square feet
  • Primary Bedroom
  • 15X12 square feet
  • Garage
  • 2 garage parking spaces
  • Garage
  • Garage – Rear Entry
  • Parking
  • 8 non-garage parking spaces
  • 10 total parking spaces
  • Non-Garage Parking: Carport
  • Roof
  • Composition
  • Flat
  • Sewer
  • Sewer Available

Property Map

$2,100,000 – 5544-46 Mary Lane, San Diego, CA 92115

Street View

Nearby Schools

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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# 250025723 – 5544-46 Mary Lane, San Diego, CA 92115