5067 Alumni Pl, San Diego, CA 92115
Local realty services provided by:ERA North Orange County Real Estate
Listed by: rory m cornelius, jorge l. morales jr.
Office: roa california inc
MLS#:260001711
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,599,000
- Price per sq. ft.:$532.29
About this home
5067 Alumni Place presents a rare opportunity to acquire a fully gut-remodeled 2-unit property with SUBMITTED plans to add two additional units with STREET ACCESS from both sides, offering both high rental income (BY SDSU) and clear development upside. The existing improvements consist of two spacious units, each featuring 4 bedrooms and 2 bathrooms at approximately 1,500 square feet per unit (Total 8B/4B). Both units have been completely renovated, providing modern layouts, updated systems, and strong rental appeal. Expected rental income for the existing two units is 6K each unit (12K total). Bank just appraised it for 1.7M! Submitted plans call for the construction of a new two-story building featuring two additional units with a patio deck: a 4-bedroom, 2-bath unit of approximately 1,200 square feet and a 2-bedroom, 1-bath unit of approximately 600 square feet, with one unit on each level (Total 6B/3B). This configuration is well suited for maximizing rental income in a high-demand market. Strategically located in the College Area, directly adjacent to San Diego State University, the property sits in one of San Diego’s strongest and most consistent rental corridors. Proximity to campus, transit, and neighborhood amenities makes this an ideal asset for investors seeking stable cash flow today with the ability to significantly increase density and long-term value. This property offers rare both front and back street access to both levels and the proposed new 2 unit. Parking is abundant on Reservoir Dr and does not require a permit....
Contact an agent
Home facts
- Year built:1978
- Listing ID #:260001711
- Added:65 day(s) ago
- Updated:March 29, 2026 at 02:09 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,004 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Roof:Composition
- Year built:1978
- Building area:3,004 sq. ft.
- Construction Materials:Stucco
- Levels:2 Story
Utilities
- Water:Meter on Property
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,599,000
- Price per sq. ft.:$532.29
New listings near 5067 Alumni Pl
- New
$1,988,000Active5 beds 3 baths2,765 sq. ft.5698 Greenshade, San Diego, CA 92121
MLS# NDP2602951Listed by: PREMIERE REAL ESTATE - New
$530,000Active2 beds 2 baths1,144 sq. ft.5483 Adobe Falls Rd. #7, San Diego, CA 92120
MLS# 260007363SDListed by: KELLER WILLIAMS SAN DIEGO METRO - New
$199,500Active2 beds 2 baths1,120 sq. ft.4886 Old Cliffs Rd, San Diego, CA 92120
MLS# 260006667Listed by: PACIFIC VIEW REAL ESTATE - New
$829,500Active2 beds 2 baths1,099 sq. ft.3130 Avenida De Portugal #102, San Diego, CA 92106
MLS# 260007360SDListed by: KELLER WILLIAMS REALTY - Coming Soon
$2,350,000Coming Soon3 beds 2 bathsAddress Withheld By Seller, San Diego, CA 92120
MLS# 260007359SDListed by: COMPASS - Open Sun, 1 to 4pmNew
$2,999,888Active5 beds 4 baths3,281 sq. ft.4972 Manor Ridge Ln, San Diego, CA 92130
MLS# 260007352Listed by: KELLER WILLIAMS REALTY
$1,275,000Pending2 beds 3 baths1,473 sq. ft.4473 30th St #201, San Diego, CA 92116
MLS# 260007355SDListed by: MEHRAN SABERI REAL ESTATE BROKER- Coming Soon
$825,000Coming Soon3 beds 2 baths13754 Mango #306, Del Mar, CA 92014
MLS# CV26041707Listed by: GIVE2GIVE REALTY - Coming Soon
$649,900Coming Soon2 beds 2 baths12855 Via Moura, San Diego, CA 92128
MLS# SW26067164Listed by: LPT REALTY, INC - New
$1,200,000Active3 beds 3 baths1,411 sq. ft.3031 Canyon, San Diego, CA 92123
MLS# SW26063337Listed by: ALL ABOUT REAL ESTATE