Skip main navigation
Sold for $1,600,000 on 02/20/25
  • $1,600,000

    5232 Prosperity Ln, San Diego, CA 92115

    8beds
    3,318sqft
    Single Family Residence
    Built in 1961
    -- sqft lot
    $1,561,800 Zestimate®
    $482/sqft
    $-- Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2025 at 05:10pm

    Listed by:

    Peyman Mortezaie DRE #02012761 925-858-1614,

    LPT Realty,Inc

    Bought with:

    Dustin L Thompson, DRE #01810458

    eXp Realty of California Inc

    Source: SDMLS,MLS#: 240028119MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air Unit
    Cooling
    • N/K
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Washer, Electric Oven, Counter Top
    • Laundry: Electric
    Interior area
    • Total structure area: 3,318
    • Total interior livable area: 3,318 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached
    • Garage spaces: 2
    Features
    • Levels: 2 Story
    • Pool features: Below Ground
    • Fencing: Wood
    Details
    • Parcel number: 4668201600
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood/Stucco
    • Roof: Shingle
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: San Diego
    • Subdivision: COLLEGE GROVE

    Other

    Other facts
    • Listing terms: Cash,Cash To New Loan,Conventional,Exchange,VA
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,561,800