5026 Faber Way, San Diego, CA 92115

3 beds 2 baths 0 sq.ft.

Offerered at: $1,199,000.00

Project/Tract: San Diego
County: San Diego
Year Built: 1958
Association Fees: $0.00/mo.

Property Description

Seize this rare opportunity just steps from San Diego State University! This property includes approved plans to transform the main house into a 6-bedroom, 3-bathroom residence and construct a brand-new 1,200 sq ft, 5-bedroom, 2-bathroom ADU. Situated on an oversized lot, it features two driveways for abundant parking, plus expansive front and rear yards. The garage offers future potential for conversion into a 2-bedroom, 1-bathroom third unit. With rental rates in this high-demand area ranging from $1,300-$1,450 per bedroom, this project promises exceptional cash flow and significant upside. Detailed Investment memo available for review PLEASE SEE OFFERING MEMORANDUM IN DOCUMENTS TAB

ESSENTIAL INFO

  • Status: Pending