Home | San Diego County | San Diego | 92115 | 6497-99 Montezuma Rd
6497-99 Montezuma Rd, San Diego, CA 92115
MLS: SD260007270 | Status: Active | Price: $1,199,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
– |
1984 |
2-unit investment property in San Diego's College Area, offered with a master lease at $7,000/month covering both units. Steps from SDSU's 40,000+ student population, this is a turnkey opportunity in one of San Diego's highest-demand student housing submarkets. The main house delivers 4 beds/3 baths and the studio adds 1 bath — 1,822 SF total on a 4,300 SF lot. Currently in process for RM-4-10 zoning, the site offers meaningful long-term redevelopment potential. Density bonus pathways — including HAP 2.0 and 100% micro-unit programs — provide significant upside for a buyer with a development horizon. Sustained enrollment at SDSU drives consistent rental demand, supporting both near-term cash flow and future student-oriented or multifamily housing development. Strong in-place cash flow with entitlement upside. All zoning, development potential, and unit counts to be verified by buyer.
| Field |
Value |
| MLS # |
SD260007270 |
| MLS Source |
San Diego MLS |
| Days on Site |
7 |
Features
Interior Features
| Feature |
Details |
| Cooling |
Other |
Exterior Features
| Feature |
Details |
| Roof |
Other |
| Feature |
Details |
| Zoning |
RM-4-10 |
Daniel Sipher
Landmark Multifamily and Development
License #: 02043589
Phone: (408) 368-5225
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
– |
2 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
1,372 |
4 |
3/0 |
$7,100 |
| 2 |
450 |
0 |
1/0 |
– |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 31, 2026. For the most current information, please contact Daniel Sipher, (408) 368-5225.