Listed at San Diego: 4281 College Ave, San Diego, CA 92115. 6-bedroom 5-bath, 1960 San Diego $1,045,000 begin new search
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Overview

INVESTOR’S DREAM | HIGH INCOME POTENTIAL | 6BR/5BA | $57K NOI Welcome to this expansive 6-bed, 5-bath home boasting 2,818 sq ft of flexible living space — currently generating $6,438/month in rental income + average $683/mo RUBS. Whether you're a seasoned investor or looking for your new home, this property offers both immediate cash flow and exciting upside potential. Multiple value-add opportunities, including ADU/JADU options, maximizing your rental income potential. Zoned RS-1-7. Inside, the layout is ideal for multigenerational living or shared housing, with spacious bedrooms, multiple ensuite baths, 2 laundry rooms, & one ensuite has a kitchenette. Some rooms have private entrances. Located in a desirable, high-demand rental area close to schools, shopping, and transit, this home is a rare find offering both size and scalability. Don’t miss your chance to own a truly versatile, income-producing property with room to grow.

Address 4281 College Ave

San Diego, CA 92115
Listing Status Active
Asking Price $1,045,000
Original Listing $1,095,000 @ 2025-07-06
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee None Listed
HOA Fee N/A
Rooms
Square Footage Not Disclosed
Bedrooms 6
Full Bathrooms 5
Location
Directions Cross Street: University Avenue.
Market Area 92115 - San Diego
Neighborhood San Diego
Complex San Diego
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 4731320600
Geographic Areas

Community College District: San Diego CC

School District: San Diego Unified

Zip Code: 92115

Highway Locator

East of I-15

East of I-5

South of I-8

East of I-805

East of SR-163

South of SR-52

Ocean Distance 13.4 miles
Features
Year Built 1960
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,Individual Room
Elevator Not Listed
Cooling Central Air
Heating Natural Gas, Forced Air
Fireplaces Not Listed (0)
Appliances Yes
Association No
Cooling Yes
Heating Yes
Land Lease No
Laundry Yes
Levels Two
Living Area Source Assessor
Lot Size Source Assessor
New Construction No
Parking Yes
Pool Private No
Property Attached No
View No
Monthly Payment Calculator
Listing Source
Platform CRMLS
AOR San Diego
MLS Number 250032672SD
Courtesy of M2 Real Estate & Consulting
Listing Agent Erin McLain
Exterior
Style Single Family Residence
Material Not Listed
Lot Size
Fencing Partial
Topography Not Listed
Roof Composition
Swimming Pool None
Exclusive Yard 1
Parking
Driveway
Other
Total Spaces: 3.00
Garage Spaces: 0.00
Non-Garage Spaces: 0 - 3.00
View Not Listed