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2-unit investment property in San Diego's College Area, offered with a master lease at $7,000/month covering both units. Steps from SDSU's 40,000+ student population, this is a turnkey opportunity in one of San Diego's highest-demand student housing submarkets. The main house delivers 4 beds/3 baths and the studio adds 1 bath "” 1,822 SF total on a 4,300 SF lot. Currently in process for RM-4-10 zoning, the site offers meaningful long-term redevelopment potential. Density bonus pathways "” including HAP 2.0 and 100% micro-unit programs "” provide significant upside for a buyer with a development horizon. Sustained enrollment at SDSU drives consistent rental demand, supporting both near-term cash flow and future student-oriented or multifamily housing development. Strong in-place cash flow with entitlement upside. All zoning, development potential, and unit counts to be verified by buyer.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/27/2026 |
|---|---|---|---|
| TRACT | San Diego | YEAR BUILT | 1984 |
| COMMUNITY | 92115 - San Diego | COUNTY | San Diego |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 92115 - San Diego |
| LOT | 0 |
| STORIES | 2 |
| SUBDIVISION | San Diego |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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