5109 Alumni Place, San Diego, CA 92115
Local realty services provided by:ERA Excel Realty
Listed by: keegan wetzel
Office: real broker
MLS#:250043846SD
Source:CRMLS
Price summary
- Price:$1,029,000
- Price per sq. ft.:$741.35
About this home
New price improvement creates a rare opportunity at this value! 4 Bed | 2 Bath | Huge Lot | ADU & SB-9 Ready | Turnkey College Area Investment An exciting mid-century single-story gem in San Diego’s thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money - contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential—build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes—new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows—this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it’s also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego’s most in-demand rental corridors. Assumable VA loan with low gap may be available—ask about creative financing options! Whether you’re looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!
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Home facts
- Year built:1955
- Listing ID #:250043846SD
- Added:101 day(s) ago
- Updated:February 21, 2026 at 11:45 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,388 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1955
- Building area:1,388 sq. ft.
Finances and disclosures
- Price:$1,029,000
- Price per sq. ft.:$741.35
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