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INVESTOR’S DREAM | HIGH INCOME POTENTIAL | 6BR/5BA | $57K NOI Welcome to this expansive 6-bed, 5-bath home boasting 2,818 sq ft of flexible living space — currently generating $6,438/month in rental income + average $683/mo RUBS. Whether you're a seasoned investor or looking for your new home, this property offers both immediate cash flow and exciting upside potential. Multiple value-add opportunities, including ADU/JADU options, maximizing your rental income potential. Zoned RS-1-7. Inside, the layout is ideal for multigenerational living or shared housing, with spacious bedrooms, multiple ensuite baths, 2 laundry rooms, & one ensuite has a kitchenette. Some rooms have private entrances. Located in a desirable, high-demand rental area close to schools, shopping, and transit, this home is a rare find offering both size and scalability. Don’t miss your chance to own a truly versatile, income-producing property with room to grow.
| Address |
4281 College Ave
San Diego, CA 92115 |
| Listing Status | Active |
| Asking Price | $1,045,000 |
| Original Listing | $1,095,000 @ 2025-07-06 |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | None Listed |
| HOA Fee | N/A |
| Square Footage | Not Disclosed |
| Bedrooms | 6 |
| Full Bathrooms | 5 |
| Directions | Cross Street: University Avenue. |
| Market Area | 92115 - San Diego |
| Neighborhood | San Diego |
| Complex | San Diego |
| School District | Not Listed |
| County | San Diego |
| Assessor Parcel# | 4731320600 |
| Geographic Areas |
Community College District: San Diego CC |
| Highway Locator |
East of I-15 East of I-5 South of I-8 East of I-805 East of SR-163 South of SR-52 |
| Ocean Distance | 13.4 miles |
| Year Built | 1960 |
| Laundry Location | Electric Dryer Hookup,Gas Dryer Hookup,Individual Room |
| Elevator | Not Listed |
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Fireplaces | Not Listed (0) |
| Appliances | Yes |
| Association | No |
| Cooling | Yes |
| Heating | Yes |
| Land Lease | No |
| Laundry | Yes |
| Levels | Two |
| Living Area Source | Assessor |
| Lot Size Source | Assessor |
| New Construction | No |
| Parking | Yes |
| Pool Private | No |
| Property Attached | No |
| View | No |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 250032672SD |
| Courtesy of | M2 Real Estate & Consulting |
| Listing Agent | Erin McLain |
https://www.delmarvalley.com/250032672SD
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | |
| Fencing | Partial |
| Topography | Not Listed |
| Roof | Composition |
| Swimming Pool | None |
| Exclusive Yard | 1 |
| Parking |
Driveway
Other
Total Spaces: 3.00
Garage Spaces: 0.00
Non-Garage Spaces:
0 -
3.00
|
| View | Not Listed |