Well-located student rental offered at a 5.6% CAP Rate WITH MANAGEMENT in place! 6251-55 Dorothy is a stone's throw from the SDSU Campus on one of the most desired streets by students. This fully remodeled 7bed/3ba House plus 4bed/2ba & 2bed/1ba ADUs totals 3 units 12beds/6baths. The property is leased through July 2026 with a rent guarantee for $17,400 per month! Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%.
For sale
$2,650,000
6251-55 Dorothy Way, San Diego, CA 92115
13beds
--sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$2,638,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days |
- 148 |
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