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Residential Income for sale : 14 bedrooms : 5505 Mary Lane Dr in San Diego

5505 Mary Lane Dr San Diego

Main Photo: Residential Income for sale : 14 bedrooms : 5505 Mary Lane Dr in San Diegobanner
$3,195,000
Prop. Type:
Residential Income
MLS® Num:
260022437
Status:
Active
Bedrooms:
14
Bathrooms:
8
Year Built:
2023
TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Offered at a 5.8% CAP rate WITH MANAGEMENT in place! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. 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%. Extremely rare for properties this close to campus to become available for sale.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
College Area
Name of Complex/Subdivision:
College Estates(1260)
Building Name:
College Area
Total Building Area:
Switch units of measure3,877 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
14
Bathrooms:
8
Full Bathrooms:
8
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
2023
Age (in years):
Switch units of measure3 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Conventional
Cap Rate.:
5.8
Gross scheduled income:
256800.0
Other income actual:
0
Operating expense:
67872.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
N/K
Unit Number for Unit 1:
5505
Unit Number for Unit 2:
5507
Unit Number for Unit 3:
5509
Unit Number for Unit 4:
5511
Complex Features:
N/K
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Other/Remarks
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
4661501100
Cooling:
N/K
Roof:
Other/Remarks
Security:
N/K
Fencing:
Other/Remarks
Listed by Bridgepoint Realty Inc
Data was last updated September 19, 2026 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.