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Property view

5544-46 Mary Lane, 
San Diego, CA 92115

$1,950,000

8

Beds

4

Baths

3,500

Sq Ft

Single Family

Sold

Listed by

Jake May

The Jake May Team, Inc.

MLS#

250025723

Source:

San Diego MLS via CRMLS

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About This Home

5544-46 Mary Lane

An outstanding investment opportunity featuring two single-family properties currently utilized as student housing near San Diego State University. These homes offer dependable rental income in a dedicated student housing market. The first home, built in 1954 and remodeled in 2010, provides four bedrooms and two bathrooms, combining classic charm with modern updates to create a comfortable living space for tenants. The second property, constructed in 2022 and listed as an Accessory Dwelling Unit (ADU), includes four bedrooms, two bathrooms, a two-car garage, and alley access. Its contemporary design and amenities make it a functional and convenient housing option for students. Both homes are fully occupied by female tenants with leases secured through the school year of 2026. Their proximity to the university ensures they remain ideal student housing.

Home Facts

Single Family

4 Baths

8 Bedrooms

Built in 1954

Price Summary

2,100,000

$600 per Sq. Ft.

MLS #:

250025723

Sold:

June 13, 2025

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,500 Sq. Ft.

Structure

Structure

Building Area:

3,500 Sq. Ft.

Year Built:

1954

Finances & Disclosures

Finances

Price:

$2,100,000

Price per Sq. Ft:

$600 per Sq. Ft.

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