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5109 Alumni Place San Diego CA 92115
Price $ 1,069,000
Listing ID 250043846SD
Status Active
Property Type Single Family Residence
County San Diego
Neighborhood San Diego
Beds 4
Baths 2
House Size 1388
Year Built 1955
Days on website 5
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
Financial Information
List Price: $ 1069000
Property Features
Appliances: Dishwasher
Construction Materials: Stucco
Fencing: Wood
Levels: One
Parking Features: Garage
Roof: Composition
Senior Community YN: false
Senior Community YN: false
MLS Area Major: 92115 - San Diego
City: San Diego
Listed By:   Keegan Wetzel   Real Broker 
CA Lic#
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