---
listing_id: SD260007270
status: Active
price: 1199000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 
lot_acres: 
year_built: 1984
property_type: Residential Income
property_subtype: Duplex
address: "6497-99  Montezuma Rd"
city: San Diego
state: CA
zip: 92115
county: "San Diego County"
lat: 32.769362
lng: -117.059238
days_on_market: 7
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Daniel Sipher"
list_office: "Landmark Multifamily and Development"
list_agent_phone: "(408) 368-5225"
list_agent_license: 02043589
mls_source: SDMLS
modified: 2026-03-31
transaction_type: buy
---

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

Remarks

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.

MLS Listing Information

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

Parking, School, and Other Information

Feature Details
Zoning RM-4-10

Contact Information

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

School Type Grades Distance Rating
Language Academy public K-8 0.17 mi 9
Clay Elementary School public K-5 0.40 mi 6
Rolando Elementary School public K-6 0.79 mi 5
Hearst Elementary School public K-5 1.03 mi 10
Hardy Elementary School public K-5 1.18 mi 10
Maryland Avenue Elementary School public K-6 1.26 mi 5
Mann Middle School public 6-8 1.46 mi 5
Rolando Park Elementary School public K-5 1.53 mi 3
Crawford High School public 9-12 1.54 mi 4
Vista La Mesa Academy public K-8 1.64 mi 4
La Mesa Dale Elementary School public K-6 1.72 mi 6
Fay Elementary School public K-5 1.91 mi 2
Marvin Elementary School public K-5 1.94 mi 6
Patrick Henry High School public 9-12 2.09 mi 9
Ibarra Elementary School public K-5 2.10 mi 7
Green Elementary School public K-5 2.10 mi 8
La Mesa Arts Academy public 4-8 2.16 mi 9
Carver Elementary School public K-5 2.16 mi 2
Foster Elementary School public K-5 2.17 mi 4
Euclid Elementary School public K-5 2.26 mi 8

Nearby Homes

Address Price Beds Baths Sq Ft Status
3150-52 New Jersey Ave $985,000 PendingDoNotShow
7380 Mohawk St. $990,000 Active
6844 Missy Ct $1,399,000 Active

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.