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5527 Dorothy Drive

Active

Featured Listing

5527 Dorothy Drive

5527 Dorothy Drive

$2,149,000

UNITS

2

PROPERTY TYPE

Residential

SQUARE FEET

3,357

CAP RATE

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

5527 Dorothy Drive

Address

5527 Dorothy Drive, San Diego, CA 92115

Asking Price

$2,149,000

Units

2

Building Size

3,357 SF

Property Type

Residential

Cap Rate

Price Per Unit

$1,074,500

Status

Active

Broker

South Coast Commercial

Investment Opportunity

PRELEASED for the 2024-25 school year at $16,500 per month — a turn-key 7% CAP rate passive investment property by SDSU. 5527 Dorothy is a stone's throw from the SDSU campus in one of the most desired neighborhoods for students. This fully remodeled 7/3 house plus 4/2 ADU totals 11 beds / 5 baths, has stunning valley views off the back deck, and 2024-25 school-year leases are already secured at $16,500. Current management is very effective at negotiating high lease rates and is willing to stay on if desired. Residential or commercial financing and rate options are available.

Student rentals circumnavigate CA rent control as they typically have new student groups each year. Highlights: turn-key remodel, commercial financing available, valley views off the deck, a 2-minute walk to the SDSU campus, and Viejas Arena, sports fields, and the Aquatics Center nearby. Shown with accepted offer only.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.

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