5232 Prosperity Ln

San Diego, CA 92115

$1,495,000

List Price

8

bed Beds

4

shower Baths

3,318 sqft

straighten / sqft

1961

calendar_month Built

Property Description

Welcome to your dream investment or multi-generational living opportunity near San Diego State University! This exceptional property offers an 8-bedroom, 4-bathroom layout across a spacious 3318 sqft, with endless possibilities. The main house features 6 large bedrooms, 3 bathrooms, an open living area, and a newly remodeled kitchen with upgraded flooring throughout. Natural light pours into the expansive space, making it perfect for gatherings or relaxation. Adding even more value is the newly built, fully permitted 2-bedroom, 1-bathroom ADU with its own address, private entrance, kitchen, and laundry hookups—ideal for renting out or personal use. Step outside to enjoy your private oasis with a sparkling pool, stunning backyard views, and ample space for entertaining. Situated on a cul-de-sac in a high-demand rental area, this property is currently leased below market at $7,940/month, with potential to exceed $10,000/month for the next lease. With proximity to SDSU, this turn-key investment property offers constant rental demand. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins. Rent out the main house and live in the ADU, or maximize returns by renting both. Opportunities like this don’t come often!

Listing Information

List Price $1,495,000
Status Pending
MLS 240028119SD
Type Residential
Subtype Single Family Residence
Year Built 1961
Lot Size 6,300
Structure Size 3,318
DOM 10
Courtesy Of LPT Realty,Inc
Listing Agent Peyman Mortezaie DRE#02012761

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, In Garage
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Additional Information
Additional Features Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Peyman Mortezaie, LPT Realty,Inc 925-858-1614. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 23rd, 2024 at 6:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.