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
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
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
Building
Story 1
New Construction No
Others
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