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Sold for $1,950,000 on 06/13/25
  • $1,950,000

    5544-46 Mary Lane Dr, San Diego, CA 92115

    8beds
    3,500sqft
    Single Family Residence
    Built in 1954
    -- sqft lot
    $2,045,900 Zestimate®
    $557/sqft
    $6,913 Estimated rent

    What's special

    An outstanding investment opportunity featuring two single-family properties currently utilized as student housing near San Diego State University. These homes offer dependable rental income in a dedicated student housing market. The first home, built in 1954 and remodeled in 2010, provides four bedrooms and two bathrooms, combining classic charm with modern updates to create a comfortable living space for tenants. The second property, constructed in 2022 and listed as an Accessory Dwelling Unit (ADU), includes four bedrooms, two bathrooms, a two-car garage, and alley access. Its contemporary design and amenities make it a functional and convenient housing option for students. Both homes are fully occupied by female tenants with leases secured through the school year of 2026. Their proximity to the university ensures they remain ideal student housing.null

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 02:42pm

    Listed by:

    Jake May DRE #01292626 619-778-9778,

    The Jake May Team, Inc.

    Bought with:

    Daniel A Sipher, DRE #02043589

    JLM Real Estate Inc

    Source: SDMLS,MLS#: 250025723MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Combination Heating, Forced Air Unit
    Cooling
    • Central Forced Air, N/K, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer, Range/Stove Hood
    • Laundry: Electric, Gas
    Interior area
    • Total structure area: 3,500
    • Total interior livable area: 3,500 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage, Garage - Rear Entry
    • Garage spaces: 2
    Features
    • Levels: 2 Story
    • Pool features: N/K
    • Fencing: Partial
    Details
    • Parcel number: 4661500700
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition,Flat
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Sewer Available
    • Water: Available

    Community & neighborhood

    Location
    • Region: San Diego
    • Subdivision: Collage at Sorrento (CLAG)

    Other

    Other facts
    • Listing terms: FHA
    Services availability
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    Estimated market value

    $2,045,900