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5026 Faber Way San Diego, CA 92115
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Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,716 sqft
Price per Sqft $699
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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Bought with Brandon Blum Brandon Blum
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