$2,200,000

Estimated payment $12,353/month

Total Views 1,124
7 Beds
5 Baths
2,719 Sq Ft
$809 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Fence
  • Hardy Elementary School Rated A-
  • Forced Air Heating System

About This Home

Looking for an investment property? This is the one! Located in the core of San Diego State University's College Area, steps to Montezuma Rd, campus, and is now zoned multifamily RM-2-5. This oversized 9,500 SF parcel features two dwelling units, a 2-car garage, wide driveway, and plenty of space to build additional units. This property comes leased with zero vacancy. The Large main house has room to expand, and the rare 1-story detached 1200sf ADU is very desirable to the rental market and located in the back of the parcel, leaving the middle open for development. Home is located in the AREA B Parking permit district, allowing the parcel to qualify for up to 8 on-street parking passes each year for the residents.

Listing Agent

Keith Henderson

Keith Henderson & Associates License #02048341 Listed on: 12/17/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 9,500 Sq Ft Lot
  • Wood Fence
  • Property is zoned RM-2-5

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 7 Bedrooms
  • 2,719 Sq Ft Home
  • 1-Story Property

Additional Homes

  • Number of ADU Units: 1
  • Accessory Dwelling Unit (ADU)

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • College Grove Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Unit Levels: 1 Story
  • Property Sub Type: Detached
  • Co List Office Mls Id: 990265
  • Subdivision Name: COLLEGE GROVE
  • Directions: College to Montezuma to 63rd st
  • Living Area: 2719.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-12-17T18:26:11Z
  • ADU_YesNo: Yes
  • AgeRestrictions: N/K
  • FullAddress: 5051 63rd St
  • Ownership: Fee Simple
  • ShortSale: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 7
  • Appliances: Other/Remarks

Exterior Features

  • Fencing: Wood
  • Roof: Composition
  • Pool Features: N/K
  • Construction Type: Wood/Stucco

Garage/Parking

  • Garaged Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Other/Remarks
  • Heating: Forced Air Unit
  • Sewer: Sewer Connected
  • Laundry Features: Gas & Electric Dryer HU
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Lot Info

  • Zoning: RM-2-5
  • Lot Size Sq Ft: 9500.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,506 $783,471 $276,405 $507,066
2024 $9,506 $768,110 $270,986 $497,124
2023 $9,284 $753,050 $265,673 $487,377
2022 $9,037 $738,285 $260,464 $477,821
2021 $8,975 $723,809 $255,357 $468,452
2020 $8,152 $658,388 $252,739 $405,649
2019 $6,461 $519,989 $247,784 $272,205
2018 $6,042 $509,794 $242,926 $266,868
2017 $5,898 $499,799 $238,163 $261,636
2016 $5,804 $490,000 $233,494 $256,506
2015 $2,305 $199,056 $94,854 $104,202
2014 $2,268 $195,157 $92,996 $102,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2025 12/17/25 For Sale $2,200,000 +349.0% $809 / Sq Ft
08/02/2015 08/02/15 Sold $490,000 0.0% $320 / Sq Ft View Prior Sale
07/18/2015 07/18/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $490,000 -- $320 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $490,000 Ticor Title San Diego
Interfamily Deed Transfer -- --
Grant Deed $147,000 Old Republic Title Company
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Purchase Money Mortgage
Closed $14,550 No Value Available
Source: Public Records

Source: San Diego MLS

MLS Number: 250045867

San Diego MLS

APN: 467-190-13