$1,595,000

Estimated payment $9,060/month

Total Views 4,893
11 Beds
6 Baths
2,989 Sq Ft
$534 Price per Sq Ft

Highlights

  • Solar Power System
  • No HOA
  • No Heating
  • Hardy Elementary School Rated A-
  • Laundry Room

About This Home

Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-in–ready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6 bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.

Listing Agent

Matthew Pivetti

Real Broker Brokerage Phone: 619-818-2610 License #01395241 Listed on: 11/12/2025

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,335

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Lot Sloped Down
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,989 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 3660
  • Assessor Parcel Number 4672501700
  • $35 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,335

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 7.80
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Type: Residential Income
  • Parcel Number: 4672501700
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 533.62

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Electric: Photovoltaics Seller Owned
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sloped Down
  • Lot Size Sq Ft: 7405.20
  • Lot Size Acres: 0.1700

Multi Family

  • Lot Size Area: 0.1700 Acres
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 86
  • Tax Tract Number: 003660
  • TaxOtherAnnualAssessmentAmount: 35.26

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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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 $8,335 $689,388 $254,898 $434,490
2024 $8,335 $675,871 $249,900 $425,971
2023 $34 $662,619 $245,000 $417,619
2022 $33 $649,628 $240,197 $409,431
2021 $33 $636,891 $235,488 $401,403
2020 $33 $630,362 $233,074 $397,288
2019 $33 $618,003 $228,504 $389,499
2018 $32 $605,886 $224,024 $381,862
2017 $32 $594,007 $219,632 $374,375
2016 $30 $582,361 $215,326 $367,035
2015 $30 $573,614 $212,092 $361,522
2014 $30 $562,379 $207,938 $354,441
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $1,595,000 -- $534 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,050,000 Lawyers Title
Grant Deed -- None Listed On Document
Grant Deed -- Accommodation
Corporate Deed -- Commonwealth Land Title Co
Grant Deed $480,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- First American Title
Grant Deed $355,000 First American Title
Grant Deed $200,000 First American Title
Interfamily Deed Transfer $200,000 Stewart Title
Grant Deed $112,000 Stewart Title Company
Deed $325,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,185,352 Construction
Previous Owner $570,000 Purchase Money Mortgage
Previous Owner $372,000 No Value Available
Previous Owner $284,000 No Value Available
Previous Owner $180,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2510776

California Regional Multiple Listing Service (CRMLS)

APN: 467-250-17