5280 Manhasset Dr, Talmadge/San Diego Central, CA 92115

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Sold Price
$2,435,000
List Price
$2,495,000
Closing Date
Jun 26, 2026
Status
CLOSED
MLS#
260006770SD
Year Built
1970
Days on Market
69
Property Type
Multifamily
Stories
Two Levels

Property Description

Turn Key construction student rental property leased through August 2027 for $17,050 per month at a 6.1% WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 4bed/2ba, ADUs in back are 4bed/2ba and a 4bed/2ba. All market rate no deed restrictions! Located on one of the prime streets short walk to the SDSU campus & campus sports fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. Tenants get 12 street parking permits (4 per address). In unit washer dryers in each unit.

Additional Information

Cooling
Yes
Cooling Description
Central Air, Zoned
Roof
Composition
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$204,600

Listing courtesy of Listing Agent: Alexio Barbara (barbara@bridgepointmultifamily.com) from Listing Office: Bridgepoint Realty Inc.

Listing sold by Sean Cruz from Select Homes & Investments Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.