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5111-13 Tipton, San Diego, CA 92115
$1,710,000
5111-13 Tipton, San Diego, CA 92115View this property at 5111-13 Tipton, San Diego, CA 92115
5111-13 TiptonSan DiegoCA92115
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Property Description
PRICE REDUCED! a well-located student rental offered at 6.3% CAP Rate WITH MANAGEMENT in place! 5111-13 Tipton is a stone's throw from the SDSU Campus in one of the most desired neighborhood by students. This fully remodeled 5bed/3ba House plus 4bed/2ba ADU totals 9beds/5baths. The property is currently rented through August 2024 for for $10,500 per month! 2024-25 school year is partially leased and expected to bring in $12,400 per month! Current management is very effective in negotiating high rental lease rates and is willing to continue if desired. Excellent Turn-Key return for an investor. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins.
Full Property Details
Full Property Details for 5111-13 Tipton
General
- Sold For: $1,710,000
- Status: Closed
- Type: Single Family
- MLS ID: 240000710
- Added to Site: 150 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
- Primary Bedroom: 10 x 12
- Bedroom 2: 10 x 12
- Bedroom 3: 10 x 12
- Bedroom 4: 10 x 12
- Bedroom 5: 10 x 12
Other Rooms
- Living Room: 10 x 15
- Family Room: 10 x 10
- Kitchen: 8 x 10
- Dining Room: 10 x 5
- Laundry: Electric, Gas, Washer Hookup
Additional Information
- Equipment: Convection Oven, Gas & Electric Range
Exterior
- Exclusive-use yard: Yes
Parking
- Total Spaces: 3
- Non-Garage Spaces: 3
- Non-Garage Desc.: Off Street
- Garage Description: None Known
Location
- Area: SAN DIEGO (92115)
- County: San Diego
- Subdivision: SDSU College Area
- Cross Streets: tipton and 63rd
Heating & Cooling
- Cooling Type: Attic Fan, Central Forced Air, Electric
- Heating Type: Floor Furnace, Forced Air Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Sewer Connected
- Water: Meter on Property
Structural Information
- Exterior Const.: Stucco
- Roof: Composition, Asphalt
- Stories/Levels: 2
- Square Feet: 2,800
- Year Built: 1951
Lot Features
- Topography: Level
- Fencing (Description): Gate, Wood
Financial Considerations
- Terms: Cal Vet, Cash, Conventional, Exchange, VA
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Prop. Restrictions: None Known
- Property ID: 467-082-07-00
Listed by South Coast Commercial, Inc.
Sold by Vani Bobba, Broker
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Schools
Schools serving 5111-13 Tipton
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
6506 Solita Ave, San Diego, CA 92115 | K-5 | 0.6 mi | |
5420 Montezuma Rd, San Diego, CA 92115 | K-5 | 1 mi | |
5170 Greenbrier Ave, San Diego, CA 92120 | 6-8 | 2 mi | |
6702 Wandermere Dr, San Diego, CA 92120 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5111-13 Tipton
Date
Details
Price
Change
Source
2/29/2024
Sold
$1,710,000
-2.01%
MLS
1/29/2024
Price Reduced
$1,745,000
-2.51%
MLS
1/09/2024
Listed
$1,790,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5111-13 Tipton, San Diego, CA 92115 (MLS# 240000710) is a Single Family property that was sold at $1,710,000 on February 29, 2024. Want to learn more about 5111-13 Tipton? Do you have questions about finding other Single Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.