5109 Alumni Place Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,388 sqft
Price per Sqft $770
Subdivision San Diego
MLS Listing ID 250043846
Bedrooms 4
Full Baths 2
Year Built 1955
Property Sub-Type Detached
Property Description
4 Bed | 2 Bath | Huge Lot | ADU & SB-9 Ready | Turnkey College Area Investment An exciting mid-century single-story gem in San Diego's thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money - contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential—build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes—new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows—this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it's also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego's most in-demand rental corridors. Assumable VA loan with low gap may be available—ask about creative financing options! Whether you're looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!
Location
State CA
County San Diego
Area Metro Uptown
Interior
Heating Wall/Gravity
Fireplace No
Appliance Dishwasher,Range/Oven,Built In Range,Gas Oven,Gas Stove,Range/Stove Hood,Gas Range,Counter Top
Laundry Gas
Exterior
Parking Features Attached,Garage,Garage - Front Entry
Garage Spaces 2.0
Fence Full,Wood
View Y/N No
Water Access Desc Meter on Property
Roof Type Composition
Total Parking Spaces 2
Building
Story 1
Sewer Sewer Available,Sewer Connected,Public Sewer
Water Meter on Property
Level or Stories 1
Others
Senior Community No
Tax ID 467-123-3800
Acceptable Financing Assumable,Cal Vet,Cash,Conventional,Exchange,FHA,Lease Option,Shared Equity,VA,Other/Remarks
Listing Terms Assumable,Cal Vet,Cash,Conventional,Exchange,FHA,Lease Option,Shared Equity,VA,Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/250043846