This is an excellent investment opportunity near SDSU, located in a high rental demand area with consistent annual rent increases, where property managers typically secure rents between $1,200-$1,400 per bedroom. This turnkey 7 bed, 3 bath house, remodeled in 2024 with permits, is built to accommodate 7-8 tenants. Additional features consist of mini splits in key areas, maintenance-free landscaping with artificial turf, and an extended driveway for additional parking. This home has been updated with a 200-amp main panel, ABS plumbing, a tankless water heater, double-pane windows, LED recessed lights with dimmers and luxury vinyl plank flooring with a durable 22mil wear layer. The modern kitchen and kitchenette boast LG stainless appliances, beautiful quartz countertops, tile backsplash, sleek electric range and a large island with seating for four. The kitchenette has an additional sink, microwave, and a full size fridge to accomodate a large number of tenants. The property offers backyard canyon views with no rear neighbors, and potential inclusions of outdoor furniture and a 75-inch smart TV to convey. All renovations were done by licensed contractors, ensuring quality workmanship. Several neighborhood properties have added ADUs, and feasibility should be assessed.
Lechavarria@onthegorealestate.com
