5505 Mary Lane Dr
San Diego
92115
$3,195,000
Residential Income
beds: 14
baths: 8.0
0 sq. ft.
built: 2023
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 260022437
- Bedrooms:
- 14
- Bathrooms:
- 8
- Year Built:
- 2023
- Photos (27)
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TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Offered at a 5.8% CAP rate WITH MANAGEMENT in place! 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.
- Property Sub Type:
- Res Income 2-4 Units
- Number of Buildings:
- 1
- County Or Parish:
- San Diego
- Market Area:
- Metro Uptown
- Neighborhood Code:
- College Area
- Name of Complex/Subdivision:
- College Estates(1260)
- Building Name:
- College Area
- Total Building Area:
- 3,877 sq. ft.
- Total Floor Area:
- 0 sq. ft.
- Total Bedrooms:
- 14
- Bathrooms:
- 8
- Full Bathrooms:
- 8
- Half Bathrooms:
- 0
- Stories:
- 2 Story
- Total Stories:
- 2
- Year Built:
- 2023
- Age (in years):
- 3 year(s)
- Short Sale:
- false
- Mello Roos Fee:
- $0
- Other Fees:
- $0
- Monthly Total Fees:
- $0
- Terms:
- Conventional
- Cap Rate.:
- 5.8
- Gross scheduled income:
- 256800.0
- Other income actual:
- 0
- Operating expense:
- 67872.0
- Number of Units:
- 4
- Number of Units with Cooling:
- 4
- Tenant pays:
- N/K
- Unit Number for Unit 1:
- 5505
- Unit Number for Unit 2:
- 5507
- Unit Number for Unit 3:
- 5509
- Unit Number for Unit 4:
- 5511
- Complex Features:
- N/K
- Special Listing Conditions:
- N/K
- Age Restrictions:
- N/K
- Construction Material:
- Other/Remarks
- Lot Size:
- 0 sq. ft.
- Parcel Number:
- 4661501100
- Cooling:
- N/K
- Roof:
- Other/Remarks
- Security:
- N/K
- Fencing:
- Other/Remarks
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Listed by Bridgepoint Realty Inc
Data was last updated September 14, 2026 at 01:10 AM (UTC)
Area Statistics
- Listings on market:
- 161
- Avg list price:
- $1,895,000
- Min list price:
- $775,000
- Max list price:
- $26,500,000
- Avg days on market:
- 64
- Min days on market:
- 2
- Max days on market:
- 524
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DANIA MACIAS
- TXR HOMES
- 1 (858) 2137909
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2026 San Diego Multiple Listing Service, Inc.
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2026 San Diego Multiple Listing Service, Inc.