5628 30 Dorothy Dr, San Diego, CA 92115

Property Description

Pleased to present for sale a student rental property just a short walk to the center of the San Diego State University campus. 5628-30 Dorothy is comprised of a 5bed/2bath house with a 4bed/2ba ADU in back. Offered at a current 5% Cap rate. These units are fully rented through the summer of 2022 to students bringing in $5,300 for the 5bed/2ba main house and $4,400 for the 4bed/2ba ADU in back. The front house has been updated but has room for rent growth if the kitchen and bathrooms are remodeled. The ADU construction was completed in 2020 with modern finishes throughout. Leases are secured by strong parental cosigners. Properties in this pocket have unequivocal student demand and bring in premium rents. Don't miss this unique opportunity to own 2 houses on 1 lot this close to campus. Seller or Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property,zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents*** Unit # for Unit 1: 5628 Unit # for Unit 2: 5630 Number of Furnished Units: 0