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Sold for $1,560,000
  • $1,560,000

    5126 Alumni Pl, San Diego, CA 92115

    4beds
    1,182sqft
    Single Family Residence
    Built in 1955
    -- sqft lot
    $1,573,400 Zestimate®
    $1,320/sqft
    $4,633 Estimated rent

    Home value

    $1,573,400

    $1.45M - $1.72M

    $4,633/mo

    Zestimate® history
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    $4,633/mo

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    $9,994/mo

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    $9,994/mo

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    What's special

    Prime 2-unit property near SDSU with 2,382 SF, featuring a gut-remodeled front house and a brand-new ground-up ADU, both 4-bed, 2-bath detached units with modern finishes. Missed student rental season (Nov start) due to construction, so currently yielding below-market rents with strong upside. Seller guarantees $11,500/mo for 1 yr, ensuring stable income and DSCR loan options. Property managers can get $11,500 next school year for new owner (see attached rent comps and rent projection). Convert garage to bedrooms or junior ADU for ~$12,900/mo+. Ideal for investors or owner-occupancy in a high-demand location!, this property provides immediate and stable income for the new buyer while securing favorable financing options, including a DSCR loan. Additionally, the newly finished ADU offers flexibility for owner-occupancy or additional rental income. New Housing Laws AB2097, which remove parking requirements and streamline development, makes the garage conversion an easy option. This conversion could significantly boost rental income, making this an even more lucrative investment opportunity. Seize a rare, turnkey SDSU student rental gem!

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Brown DRE #01796328 858-397-3108,

    Fantastik Realty

    Bought with:

    Robert Brown, DRE #01796328

    Fantastik Realty

    Source: SDMLS,MLS#: 250026758MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Other/Remarks
    Cooling
    • N/K
    Appliances
    • Included: Other/Remarks
    • Laundry: Other/Remarks
    Interior area
    • Total structure area: 1,182
    • Total interior livable area: 1,182 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage, Garage - Two Door
    • Garage spaces: 2
    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Fencing: Partial
    Details
    • Parcel number: 4671232800

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Available

    Community & HOA

    Community
    • Subdivision: College Park (CP)
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $1,320/sqft
    • Tax assessed value: $1,075,999
    • Annual tax amount: $14,022
    • Date on market: 4/22/2025
    • Listing terms: Cash,Conventional,FHA,VA

    Price history

    DateEventPrice
    6/1/2026Listing removed$4,600$4/sqft
    Source: Zillow Rentals Report a problem
    5/2/2026Price change$4,600-4.2%$4/sqft
    Source: Zillow Rentals Report a problem
    4/23/2026Price change$4,800-2%$4/sqft
    Source: Zillow Rentals Report a problem
    4/13/2026Price change$4,900-2%$4/sqft
    Source: Zillow Rentals Report a problem
    3/5/2026Price change$5,000-2%$4/sqft
    Source: Zillow Rentals Report a problem
    2/12/2026Price change$5,100-6.4%$4/sqft
    Source: Zillow Rentals Report a problem
    1/30/2026Price change$5,450-4.4%$5/sqft
    Source: Zillow Rentals Report a problem
    11/19/2025Price change$5,700-3.4%$5/sqft
    Source: Zillow Rentals Report a problem
    10/28/2025Price change$5,900-1.7%$5/sqft
    Source: Zillow Rentals Report a problem
    9/30/2025Listed for rent$6,000+22.4%$5/sqft
    Source: Zillow Rentals Report a problem
    6/10/2025Sold$1,560,000-1%$1,320/sqft
    Source: SDMLS #250026758 Report a problem
    5/21/2025Listing removed$4,900$4/sqft
    Source: Zillow Rentals Report a problem
    5/16/2025Pending sale$1,575,000$1,332/sqft
    Source: SDMLS #250026758 Report a problem
    5/2/2025Price change$4,900-2%$4/sqft
    Source: Zillow Rentals Report a problem
    5/1/2025Price change$1,575,000-3.1%$1,332/sqft
    Source: SDMLS #250026168 Report a problem
    3/15/2025Price change$5,000-5.7%$4/sqft
    Source: Zillow Rentals Report a problem
    3/13/2025Price change$1,624,900-4.4%$1,375/sqft
    Source: SDMLS #250019141 Report a problem
    3/6/2025Price change$5,300-3.6%$4/sqft
    Source: Zillow Rentals Report a problem
    2/17/2025Listed for sale$1,699,000+112.4%$1,437/sqft
    Source: SDMLS #250019135 Report a problem
    2/11/2025Price change$5,500-5.2%$5/sqft
    Source: Zillow Rentals Report a problem
    1/10/2025Price change$5,800-0.9%$5/sqft
    Source: Zillow Rentals Report a problem
    12/21/2024Listed for rent$5,850+21.9%$5/sqft
    Source: Zillow Rentals Report a problem
    8/4/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/4/2024Listed for rent$4,800$4/sqft
    Source: Zillow Rentals Report a problem
    4/23/2024Listing removed--
    Source: SDMLS #240005127 Report a problem
    3/6/2024Sold$800,000+21.2%$677/sqft
    Source: Public Record Report a problem
    10/6/2023Sold$660,000$558/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,022 +69.7%$1,075,999 +60.6%
    2024$8,263 +167.5%$670,000 +161.3%
    2023$3,089 +2.8%$256,375 +2%
    2022$3,005 +0.7%$251,349 +2%
    2021$2,983 +1.2%$246,422 +1%
    2020$2,946 +3%$243,896 +2%
    2019$2,860 +2.6%$239,115 +2%
    2018$2,786 +2.4%$234,427 +2%
    2017$2,720 +1.7%$229,831 +2%
    2016$2,676 +1.5%$225,326 +1.5%
    2015$2,636 +1.6%$221,942 +2%
    2014$2,596 $217,595 +0.5%
    2013-- $216,612 +2%
    2012-- $212,365 +2%
    2011-- $208,202 +0.8%
    2010-- $206,647 -0.2%
    2009-- $207,139 +2%
    2008-- $203,078 +2%
    2007-- $199,097 +2%
    2006-- $195,194 +2%
    2005-- $191,368 +2%
    2004-- $187,617 +1.9%
    2003-- $184,179 +2%
    2002-- $180,569 +2%
    2001-- $177,029
    Find assessor info on the county website

    Neighborhood: College East

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,573,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,573,400