5014 Chaparral Way San Diego, CA 92115
Pleased to present for sale a 6bed/3bath house by San Diego State University. 5014 Chaparral Way is located walking distance to the SDSU campus and rents for $5,750 per month through summer 2022 to students who pay all utilities. The property consists of a 6bd/3ba house. Leases are secured by strong parental cosigners. The 2 car garage still exists and a savy investor may look to this opportunity to convert this space into a 2bed 1 bath ADU for additional income. Currently offered close to a 5% CAP rate, this is a great investment property with secure demand from students of SDSU into the future. Elevated ceilings throughout, accompanied by a gorgeous wood-burning fireplace, spacious front yard, and beautiful private backyard - perfect for relaxing or entertaining. Plenty of parking.
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