Homes for sale - 5232 Prosperity Ln, San Diego, CA 92115

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Mike Blair

mike@mikeblairrealty.com +1(619) 548-9588

$ 1,495,000

Est. payment | -/mo

8 Beds

4 Baths

3,318 SqFt

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$ 1,495,000

Est. payment | -/mo

Save Virtual Tour Video Tour

8 Beds

4 Baths

3,318 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,318 sqft

Price per Sqft $450

Subdivision College Grove

MLS Listing ID 240028119

Style Detached

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1961

Lot Size 6,300 Sqft

Property Description

Welcome to your dream investment or multi-generational living opportunity near San Diego State University! This exceptional property offers an 8-bedroom, 4-bathroom layout across a spacious 3318 sqft, with endless possibilities. The main house features 6 large bedrooms, 3 bathrooms, an open living area, and a newly remodeled kitchen with upgraded flooring throughout. Natural light pours into the expansive space, making it perfect for gatherings or relaxation. Adding even more value is the newly built, fully permitted 2-bedroom, 1-bathroom ADU with its own address, private entrance, kitchen, and laundry hookups—ideal for renting out or personal use. Step outside to enjoy your private oasis with a sparkling pool, stunning backyard views, and ample space for entertaining. Situated on a cul-de-sac in a high-demand rental area, this property is currently leased below market at $7,940/month, with potential to exceed $10,000/month for the next lease. With proximity to SDSU, this turn-key investment property offers constant rental demand. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins. Rent out the main house and live in the ADU, or maximize returns by renting both. Opportunities like this don't come often!

Location

State CA

County San Diego

Community College Grove

Area San Diego (92115)

Rooms

Family Room 50x13

Master Bedroom 17x17

Bedroom 2 11x11

Bedroom 3 11x11

Bedroom 4 23x11

Bedroom 5 18x12

Living Room 13x13

Dining Room 16x16

Kitchen 14x7

Interior

Heating Natural Gas

Equipment Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Washer, Electric Oven, Counter Top

Appliance Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Washer, Electric Oven, Counter Top

Laundry Garage

Exterior

Exterior Feature Wood/Stucco

Parking Features Attached

Garage Spaces 2.0

Fence Wood

Pool Below Ground

Roof Type Shingle

Total Parking Spaces 4

Building

Story 2

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Ownership Other/Remarks

Acceptable Financing Cash, Conventional, Exchange, VA, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, VA, Cash To New Loan

Listed by Peyman Mortezaie • Big Block Realty, Inc.

Making real estate fast, fun, and stress-free!

+1(619) 548-9588

mike@mikeblairrealty.com

2878 Camino del Rio S # 100, Diego, CA, 92108

5232 Prosperity Ln San Diego, CA 92115