5545 Mary Lane Drive, San Diego, CA 92115
Local realty services provided by:ERA Donahoe Realty
Listed by: tyler joseph rex hadzicki
Office: coldwell banker realty
MLS#:260026770
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$730.94
About this home
Two detached units on one lot in a prime location, just 1/3 mile from San Diego State University! Situated on a wide 6,400-square-foot lot, 5545-47 Mary Lane Drive is comprised of a 6 Bedroom/3 Bathroom front house and a 2019 construction, 4 Bedroom/2 Bathroom ADU in the rear. Both units feature modern finishes, private fenced yard & patio spaces, and dedicated on-site or in-unit laundry. The front residence has exclusive use of the long driveway with tandem parking for three vehicles. Additionally, each unit receives four street parking permits for a total of eight permits. Both units are leased through July 2027, generating a combined monthly income of $11,495, with professional third-party property management already in place. Historically, the property has secured leases 7–10 months in advance of each academic year, due to its highly desirable location, unit layouts and high-end finishes. The property is already being marketed for the 2027–2028 academic year at a projected 5.0% cap rate. This is an outstanding opportunity to acquire a well-established, income-producing student rental property, on a highly desirable street....
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Home facts
- Year built:1988
- Subdivision & Development:College Park West (CPW)
- Listing ID #:260026770
- Added:2 day(s) ago
- Updated:November 12, 2026 at 05:00 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,873 sq. ft.
Heating and cooling
- Cooling:Central Forced Air, Wall/Window
- Heating:Wall/Gravity
Structure and exterior
- Roof:Composition
- Year built:1988
- Building area:2,873 sq. ft.
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$730.94
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