Welcome to 5555 Mary Lane – located on the most desirable street of the San Diego State University rental market. The property is a spacious 8bed/4bath including a permitted new addition. The garage was recently converted as an ADU. This property has an active lease with a student group for $9,200/month and will be marketed for the 23-24 school year to $10,000 come August 2023. The property lies on a massive $6,400 sqft lot with capabilities of building an addition $1,200 sqft ADU in the backyard. Regardless of the future plans, this is investment is sure to lease at the top of the rental market and proven to be one of the first leased in the SDSU market! Current management is at 6% management fee and guarantees high rental rates each year – an easy, stress free investment. Equipment: Dryer,Pool/Spa/Equipment, Range/Oven Sewer: Public Sewer Topography: LL

Listing Agent:Sydney Daily
#SAND-698837

Offered By:State Houses Real Estate, Inc.

Date Added: 9/15/22 at 5:00 am
Last Update: 10/3/22 at 8:34 pm

Interior

  • AppliancesDishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan
  • LaundryGas Dryer Hookup, In Kitchen
  • A/Cfalse, None
  • Heatingtrue, Forced Air, Natural Gas

Exterior

  • PoolFiltered, In Ground, Private
  • ParkingConverted Garage, Concrete, Parking spaces: 8

Construction

  • RoofingComposition
  • GeneralStucco, 1

Lot

  • ZoningRS-1-7, 4661501500

Utilities

  • WaterPublic

Financial

  • SourceCRMLS, CRMLS

Schools

  • DistrictSan Diego City Unified School District

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