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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 |
Age Restriction | 0 |
Property Type | |
Mello-Roos Fee | None Listed |
HOA Fee | N/A |
Square Footage | Not Disclosed |
Bedrooms | 6 |
Full Bathrooms | 5 |
Directions | Cross Street: University Avenue. |
Market Area | 92115 - San Diego |
Neighborhood | San Diego |
Complex | San Diego |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 4731320600 |
Geographic Areas |
Community College District: San Diego CC |
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 |
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 |
Platform | CRMLS |
AOR | San Diego |
MLS Number | 250032672SD |
Courtesy of | M2 Real Estate & Consulting |
Listing Agent | Erin McLain |
https://www.californiatophomes.com/250032672SD
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 |