5026 Faber Way new

San Diego,CA 92115

$ 1199000

3 Beds

2 Baths

1716 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,716 sqft

Price per Sqft $698

Subdivision San Diego

MLS Listing ID 250026130SD

Bedrooms 3

Full Baths 2

Year Built 1958

Property Sub-Type Single Family Residence

Property Description

Seize this rare opportunity just steps from San Diego State University! This property includes approved plans to transform the main house into a 6-bedroom, 3-bathroom residence and construct a brand-new 1,200 sq ft, 5-bedroom, 2-bathroom ADU. Situated on an oversized lot, it features two driveways for abundant parking, plus expansive front and rear yards. The garage offers future potential for conversion into a 2-bedroom, 1-bathroom third unit. With rental rates in this high-demand area ranging from $1,300-$1,450 per bedroom, this project promises exceptional cash flow and significant upside. Detailed Investment memo available for review PLEASE SEE OFFERING MEMORANDUM IN DOCUMENTS TAB

Location

State CA

County San Diego

Area 92115 - San Diego

Interior

Heating Natural Gas,See Remarks

Cooling Central Air

Laundry Electric Dryer Hookup,In Garage,See Remarks

Exterior

Parking Features Driveway

Garage Spaces 2.0

Garage Description 2.0

Fence Partial

Pool None

View Y/N No

Roof Type Composition

Building

Story 1

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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