5505 Mary Lane Dr, San Diego, CA 92115

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
5505 Mary Lane Dr,San Diego, CA 92115
$3,095,000
Virtual Tour
  • 14 Beds
  • 8 Baths
  • 3,877 sq. ft.
  • Multi-family
  • Active
Listed by: alexio barbara, adrian gonzalez-pureco
Office: bridgepoint realty inc
MLS#:260022437
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,095,000
  • Price per sq. ft.:$798.3

About this home

6% CAP rate WITH MANAGEMENT in place! TURN KEY 4-unit SDSU student rental property as close as it gets to campus! 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.

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Home facts

  • Year built:2023
  • Subdivision & Development:College Estates(1260)
  • Listing ID #:260022437
  • Added:62 day(s) ago
  • Updated:November 14, 2026 at 03:21 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:3,877 sq. ft.

Structure and exterior

  • Year built:2023
  • Building area:3,877 sq. ft.
  • Levels:2 Story

Finances and disclosures

  • Price:$3,095,000
  • Price per sq. ft.:$798.3
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