Property Detail

Description

Turn-key SDSU student rental generating $10,500/month with professional management in place, offering an estimated ~6.5% cap rate and strong in-place cash flow. 4928-4930 64th St features 8 bedrooms and 3 bathrooms across a main house and attached ADU, providing an ideal layout for high-demand student housing. Extensively renovated down to the studs in 2022, the property includes new electrical, plumbing, dual kitchens, updated flooring, LED lighting, low maintenance landscaping, and modern finishes throughout, creating a low-maintenance, stabilized investment. The garage has been converted into a functional ADU, maximizing income potential while maintaining a cohesive design. Owned solar. Located just minutes from San Diego State University, shopping, dining, and transit, the property benefits from consistent tenant demand, strong leasing history, and reliable occupancy. Ideal for investors seeking passive income or a 1031 exchange into a stabilized, high-yield asset in one of San Diego’s most proven rental submarkets.