MLS# 250043846 – 5109 Alumni Place, San Diego, CA 92115

Price: $1,069,000
Beds: 4
Baths: 2
Living Area SqFt: 1,388
Status: Active
Property Type: Detached
Year Built: 1955
Neighborhood: San Diego
Days on Website: 47

Courtesy of Real Broker, Keegan Wetzel 708-256-7904

Property Description

4 Bed 2 Bath Huge Lot ADU & SB-9 Ready Turnkey College Area Investment An exciting mid-century single-story gem in San Diego’s thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money – contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential—build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes—new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows—this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it’s also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego’s most in-demand rental corridors. Assumable VA loan with low gap may be available—ask about creative financing options! Whether you’re looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!

Open House

Property Details and Features

  • Fence
  • “Full”
  • “Wood”
  • Appliances & Equipment
  • “Gas Range”
  • “Counter Top”
  • “Dishwasher”
  • “Range/Oven”
  • “Built In Range”
  • “Gas Oven”
  • “Gas Stove”
  • “Range/Stove Hood”
  • Bathrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Bedrooms
  • 4 total bedrooms
  • 4 possible bedrooms
  • Building
  • Built in 1955
  • Building area total: 1388
  • 1 story total
  • Living area: 1388
  • Living area units: Sqft
  • Building area units: Sqft
  • “Stucco”
  • “Wood”
  • “Wood/Stucco”
  • “1 Story”
  • Cooling
  • “N/K”
  • Garage
  • 2 spaces
  • Water Features
  • Water source: “Meter on Property”
  • Heating
  • “Wall/Gravity”
  • Laundry
  • “Gas”
  • Listing
  • Listing ID: 250043846
  • List price: $1,069,000
  • 47 days on market
  • Listing contract date: 2025-11-12
  • MLS area major: Metro Uptown
  • Special listing conditions: “N/K”
  • “Assumable”
  • “Cal Vet”
  • “Cash”
  • “Conventional”
  • “Exchange”
  • “FHA”
  • “Lease Option”
  • “Shared Equity”
  • “VA”
  • “Other/Remarks”
  • Location
  • Subdivision: SAN DIEGO
  • Lot
  • Size units: Acres
  • Parking
  • Total: 2
  • “Attached”
  • “Garage”
  • “Garage – Front Entry”
  • Pool
  • “N/K”
  • Property
  • Property subtype: Detached
  • Property type: Residential
  • Roof
  • “Composition”
  • Sewer
  • “Sewer Available”
  • “Sewer Connected”
  • “Public Sewer”

Property Map

$1,069,000 – 5109 Alumni Place, San Diego, CA 92115

Street View

Nearby Schools

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About Marc Lyman

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# 250043846 – 5109 Alumni Place, San Diego, CA 92115

MLS# 250043846 – 5109 Alumni Place, San Diego, CA 92115

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