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$ 2,995,000
Est. payment | /mo
7,801 Sqft Lot
$ 2,995,000
Est. payment | /mo
7,801 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260004170SD
HOA Y/N No
Year Built 2026
Lot Size 7,801 Sqft
Property Description
TURN KEY 4-unit SDSU student rental property offered at a 5.9% CAP rate WITH MANAGEMENT in place! 6407-13 Richard St is comprised of (1) 5BR/3BA, (2) 4BR/2BA, and (1) 3BR/2BA - totalling 16beds/9baths and 4,410 sqft. Current management is very effective in negotiatinghigh rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with earlyrenewals so vacancy averages less than 2%. This new construction property is expected to generate $20,200/month starting August 2026 rented on a year lease to students
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Cooling None
Fireplace No
Exterior
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4632640100
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260004170
Listed by Alexio Barbara Bridgepoint Realty Inc #01992393
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
STEVE & KRISTA: The WIDNER Team
Agent | License ID: 00680027
29811 Santa Margarita Parkway, Suite 100, Margarita, CA, 92688