An outstanding investment opportunity featuring two single-family properties currently utilized as student housing near San Diego State University. These homes offer dependable rental income in a dedicated student housing market. The first home, built in 1954 and remodeled in 2010, provides four bedrooms and two bathrooms, combining classic charm with modern updates to create a comfortable living space for tenants. The second property, constructed in 2022 and listed as an Accessory Dwelling Unit (ADU), includes four bedrooms, two bathrooms, a two-car garage, and alley access. Its contemporary design and amenities make it a functional and convenient housing option for students. Both homes are fully occupied by female tenants with leases secured through the school year of 2026. Their proximity to the university ensures they remain ideal student housing.
MLS #
SD250025723
MLS Source
San Diego MLS
Days on Site
18
Appliances
Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator, Dryer, Washer
Laundry
Hookup - Electric, Hookup - Gas Dryer, In Laundry Room
Cooling
Central Forced Air, Central Forced Air - Electric, Other
Heating
Forced Air, Gas - Natural, Multi Type
Roof
Composition, Flat
Pool
Other
Garage/Parking
Carport, Facing Rear, Garage, Garage: 2 Car(s)
Water
Other
HOA Fee
$0
5544-46 Mary Lane is a Single Family Residence in San Diego, CA 92115. This 3,500 square foot property sits on a – Sq Ft Lot and features 8 bedrooms & 4 full bathrooms. It is currently priced at $2,100,000 and was built in 1954.
This address can also be written as 5544-46 Mary Lane, San Diego, CA 92115.©2025 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.
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This listing information is up-to-date as of April 30, 2025. For the most current information, please contact Jake May, (619) 778-9778