Property Details
About this Property
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
MLS #
SD260007270
MLS Source
San Diego MLS
Days on Site
3
Interior Features
Cooling
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Zoning
RM-4-10
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,372 | 4 | 3/0 | $7,100 |
| 2 | 450 | 0 | 1/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
6497-99 Montezuma Rd is a Duplex in San Diego, CA 92115. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,199,000 and was built in 1984. This address can also be written as 6497-99 Montezuma Rd, San Diego, CA 92115.
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This listing information is up-to-date as of March 31, 2026. For the most current information, please contact Daniel Sipher, (408) 368-5225
