5026 Faber Way
San Diego, CA 92115
Listing provided courtesy of: Brandon Blum
Property Description
Seize this rare opportunity just steps from San Diego State University! This property includes approved plans to transform the main house into a 6-bedroom, 3-bathroom residence and construct a brand-new 1,200 sq ft, 5-bedroom, 2-bathroom ADU. Situated on an oversized lot, it features two driveways for abundant parking, plus expansive front and rear yards. The garage offers future potential for conversion into a 2-bedroom, 1-bathroom third unit. With rental rates in this high-demand area ranging from $1,300-$1,450 per bedroom, this project promises exceptional cash flow and significant upside. Detailed Investment memo available for review PLEASE SEE OFFERING MEMORANDUM IN DOCUMENTS TAB
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Features:
Central Air Level Attached Composition Sewer Connected
| Price: | $1,199,000 |
| Beds: | 3 |
| Baths: | 2 |
| Interior (SQFT): | 1,716 |
| Lot Size (SQFT): | 1,742 |
| Property Type: | Residential |
| Year Built: | 1958 |
| Subdivision: | College Knolls |
Listing provided courtesy of: Brandon Blum. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particularproperty. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS®, Inc. Listing last updated on 05/19/2025 11:21:44
