5527 DOROTHY DR San Diego CA 92115-2302

PRELEASED for 24-25 School year for $16,500 per month! Turn-Key 7% CAP rate passive investment property by SDSU. Pleased to present for sale a well-located student rental by San Diego State. 5527 Dorothy is a stone's throw from the SDSU Campus in the most desired neighborhood by students. This fully remodeled 7/3 House plus 4/2 ADU totals 11beds/5baths, has stunning valley views off the back deck, and is currently rented through August 2024 for for $13,900 per month! 2024-25 school year leases already secured at $16,500 a 7% CAP rate WITH MANAGEMENT in place! Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired at 6% GSI. Excellent Turn-Key return for an investor. Residential OR Commercial financing and rate options available!

Student rentals circumnavigate CA Rent control as they typically have new student groups each year. Shown with accepted offer only.

• Turn Key Remodeled

• Leases Secured through August 2025

• 7% CAP Rate WITH 3rd party management! *2024-25

• Commercial Financing Available! (Lower Rates)

• Valley views off deck

• 2 min walk to SDSU Campus

• Viejas Arena, Sports Fields, Aquatics Center nearby