Property Details
Property Details
Property Details
5527 Dorothy Dr, San Diego, CA 92115
$2,149,000 LOGIN TO SAVE
5527 Dorothy Dr, San Diego, CA 92115
Bedrooms: 11
Bathrooms: 5
Area: 3357 SqFt.
Description
Price reduced! Turn-Key 5.5% CAP rate passive investment! Pleased to present for sale a well-located student rental on a double-wide lot by San Diego State. 5527 Dorothy is a stone's throw from the SDSU Campus in the most desired neighborhood by students. This fully remodeled 7/3 House plus 4/2 ADU totals 11beds/5baths, has stunning valley views off the back deck, and is currently rented through August 2024 for for $13,900 per month! A 5.5% CAP rate on current numbers WITH MANAGEMENT in place! Current mgmt is very effective in negotiating high rental lease rates and is willing to stay on at 6% GSI. Excellent Turn-Key return for an investor. Residential OR Commercial financing and rate options available! Student rentals circumnavigate CA Rent control as they typically have new student groups each year. Shown with accepted offer only.
Features
- 0.27 Acres
- 1 Story
- Master Bedroom: 12x10
- Bedroom: 12x10
- Bedroom: 12x10
- Bedroom: 12x10
- Bedroom: 12x10
- Dining Room: 10x10
- Family Room: 10x10
- Kitchen: 10x10
- Living Room: 12x10
Listing provided courtesy of Alexio Barbara of South Coast Commercial, Inc.. Last updated 2023-09-11 20:00:30.000000. Listing information © 2022 Sandicor.
Work with Us
Under the Compass brand, Ramon and his team take great pride in having the ability to utilize today's cutting edge technology, marketing resources, and local and global connections to perfectly unite extraordinary places with the extraordinary buyers who will cherish them as we do.
Contact Us
North County Office
12275 El Camino Real, Suite 100
San Diego, CA 92130
858.345.4514
La Jolla Office
7863 Girard Avenue, Suite 208
La Jolla, CA, 92037
858.277.3325
San Diego Office
655 W Broadway
San Diego, CA 92101
619.317.1875
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 Sandicor®, Inc.
Copyright © 2022 Maldonado Team. All Rights Reserved.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 Sandicor®, Inc.
Copyright © 2022 Maldonado Team. All Rights Reserved.
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