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$2,995,000
Est. payment /mo
16 Beds
9 Baths
7,800 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision College Estates(1260)
MLS Listing ID 260004170
Bedrooms 16
Full Baths 9
Year Built 2026
Lot Size 7,800 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
TURN KEY 4-unit SDSU student rental property offered at a 5.9% CAP rate WITH MANAGEMENT in place! 6407-13 Richard St is comprised of (1) 5BR/3BA, (2) 4BR/2BA, and (1) 3BR/2BA - totalling 16beds/9baths and 4,410 sqft. Current management is very effective in negotiatinghigh rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with earlyrenewals so vacancy averages less than 2%. This new construction property is expected to generate $20,200/month starting August 2026 rented on a year lease to students
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 463-264-01-00
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260004170
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Listed by Alexio Barbara, DRE#01992393 Bridgepoint Realty Inc