Courtesy of Real Broker, Matt Pivetti 619-818-2610
Property Description
Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-inready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.
Open House
Property Details and Features
-
Bathrooms
- 6 total bathrooms
- 6 full bathrooms
-
Bedrooms
- 11 total bedrooms
- 11 possible bedrooms
-
Building
- Built in 1977
- Building area total: 2989
- 3 stories
- 3 stories total
- Living area: 2989
- Living area units: Sqft
- Building area units: Sqft
- Entry level: 1
- “No Common Walls”
- “3 Story”
-
Cooling
- “N/K”
-
Fireplaces
- “FP in Living Room”
- “Free Standing”
- “Other/Remarks”
-
Garage
- 2 spaces
-
Listing
- Listing ID: NDP2510779
- List price: $1,595,000
- 32 days on market
- Listing contract date: 2025-11-13
- Special listing conditions: “Standard”
- “Cash”
- “Cash To New Loan”
- “Conventional”
- “VA”
-
Lot
- 7,405 size sqft
- Size area: 0.17
- Size units: Acres
-
Parking
- Total: 4
- “Garage”
- “Garage – Two Door”
-
Pool
- “N/K”
-
Property
- Property subtype: Detached
- Property type: Residential
- Zoning: R-1:SINGLE
- “City Lights”
-
Schools
- High school district: San Diego Unified School Distric
- Middle or junior school district: San Diego Unified School Distric
- Elementary school district: San Diego Unified School Distric
-
Sewer
- “Public Sewer”
