For Sale: 5137 Rincon, San Diego, CA 92115. 7-bedroom 4-bath, 2039 sf, 1951 San Diego State University $1,249,000 begin new search
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Pleased to present a well located student rental property with ADU PLANS APPROVED by end of May! Immediate value add potential just a short walk to the center of the San Diego State University campus. 5137 Rincon is a large corner lot comprised of an existing 7bed/4bath main house and plans to add an attached 1200 SF ADU in the back yard. The house is advertised for $7,000 per month and has major further potential for rent growth. Estimated 7.4% CAP rate after costs with ADU buildout and 3rd party management! Ability to further optimize the land use by enclosing the front yard space. Student rentals circumvent CA Rent control as they typically have new student groups each year. Shown with accepted offer only – virtual walk through link available. contact agent for details, building plans, and management/contractor referrals.

Address 5137 Rincon

San Diego, CA 92115
Listing Status ACTIVE
Asking Price $1,249,000
Original Listing $1,249,000 @ 2023-05-01
Terms Conventional
Age Restriction N/K
Property Type Fee Simple
Property Restrictions None Known
Sales Restrictions N/K
Mello-Roos Fee $0
HOA Fee $0
Bonus Room, Dining Area, Storage Room, Kitchen, Living Room, Master Bedroom, All Bedrooms Down, Family Kitchen, Laundry, Master Bathroom
Square Footage 2039 sf
Bedrooms 7 + 0 optional
Full Bathrooms 4
Family Room 10x10
Living Room 10x12
Dining Room 10x10
Kichen 10x9
Master Bedroom 10x10
2nd Bedroom 12x15
3rd Bedroom 10x12
4th Bedroom 10x10
5th Bedroom 10x10
Directions Montezuma to ewing to rincon
Cross Street Rincon and Ewing
Market Area Metro Uptown
Neighborhood San Diego State University
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 467-083-03-00
Zoning RS 1-7
Geographic Areas

Airport Compatibility Zone: Montgomery Field

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 16.5 miles
Year Built 1951 (source: Assessor)
Laundry Location Laundry Room
Elevator Not Listed
Cooling Attic Fan
Heating Natural Gas Radiant
Sewer/Septic Sewer Connected,Public Sewer
Fireplaces Not Listed
Equipment Dishwasher, Gas & Electric Range, Barbecue, Gas Cooking
Monthly Payment Calculator
Listing Source
Platform SDMLS
AOR San Diego Association of REALTORS (SDAR)
MLS Number 230009092
Courtesy of South Coast Commercial, Inc.
Style Detached 1 Story
Material Stucco
Floor Level 1
Lot Size 7,500-10,889 SF ~ 7,600 sf
Fencing Gate,Wood
Topography Level
Roof Composition
Swimming Pool N/K
Exclusive Yard Yes
Total Spaces: 3
Garage Spaces: 0
Non-Garage Spaces: 3 - Driveway - Concrete
View Not Listed