5109 Alumni Place Open House Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
OPEN HOUSE
Sat Nov 15, 12:00pm - 3:00pm Sun Nov 16, 12:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,388 sqft
Price per Sqft $770
Subdivision San Diego
MLS Listing ID 250043846SD
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1955
Property Sub-Type Single Family Residence
Property Description
4 Bed | 2 Bath | Huge Lot | ADU & SB-9 Ready | Turnkey College Area Investment An exciting mid-century single-story gem in San Diego's thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money - contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential—build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes—new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows—this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it's also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego's most in-demand rental corridors. Assumable VA loan with low gap may be available—ask about creative financing options! Whether you're looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Built-In Range,Counter Top,Dishwasher,Gas Cooktop,Gas Oven,Gas Range,Range Hood
Laundry Gas Dryer Hookup,In Garage
Exterior
Parking Features Garage Faces Front,Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
View Y/N No
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4671233800
Acceptable Financing Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,Lease Option,VA Loan
Listing Terms Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,Lease Option,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/250043846