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5091 Alumni Place

San Diego, CA 92115
  • $1,595,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: NDP2510776
$1,595,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Matt Pivetti of Real Broker (855-450-0442)


Description

Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-in"ready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6 bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169866225
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5091 Alumni Place San Diego, CA 92115

  • Price: $1,595,000
  • Status: Active
  • On Site: 29 Days
  • ID#: NDP2510776
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1977
Built
Neighborhood:
92115 - San Diego
County:
San Diego
Area:
92115 - San Diego
Property Description
Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-in"ready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6 bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.
Exterior Features

Entry Level 1 Entry Location Ground Lot Features 0-1 Unit/AcreSloped Down Number Of Separate Electric Meters 1 Open Parking Spaces 2 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Spa YN No View YN No

Interior Features

Common Walls No Common Walls Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 7.8 Community Features Suburban Electric Photovoltaics Seller Owned Garage YN Yes Green Energy Generation Solar Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupIn Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFHAVA Loan Net Operating Income 0 New Taxes Expense 0 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Zoning R-1:SINGLE FAM-RES



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Matt Pivetti of Real Broker (855-450-0442)