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5505 Mary Lane Dr , San Diego, CA 92115
$3,195,000
Est. Payment: $17,427.76/mo
14 Bed
8 Bath
3877 Sqft
0.15 Acres
Status: ACTIVE | Days on site: 21
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Chris Heller
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House Description

TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Offered at a 5.8% CAP rate WITH MANAGEMENT in place! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. Extremely rare for properties this close to campus to become available for sale.
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Highlights

Listed by Alexio Barbara , 760-419-1343 and Adrian Gonzalez-Pureco , 858-735-9977 Bridgepoint Realty Inc , San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

2023

County

San Diego

Area

Metro Uptown

 Neighborhood

College Estates(1260)

Listing ID

260022437

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:14
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Air Cond:N/K
Fireplaces:

Exterior Features

Roof:Other/Remarks
Principal Interest
$17,428
Taxes
$2,037

Home Price

$3,195,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$639,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,427.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,427.76 $2,036.81 $0.00 $19,464.57
Yearly $209,133.10 $24,441.75 $0.00 $233,574.85
Total $6,273,992.96 $733,252.50 $0.00 $7,007,245.46

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-10-04T20:03:50.000Z

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