5544-46 Mary Lane, SAN DIEGO Property Listing: MLS® #250025723

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.

5544-46 Mary Lane, SAN DIEGO Property Listing: MLS® #250025723 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: 250025723
  • 5544-46 Mary Lane
  • SAN DIEGO, CA 92115
  • $2,100,000
  • 8 Beds, 4 Bath, 3500 SqFt
  • Office: The Jake May Team, Inc.

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.

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Essential Information

  • MLS® #250025723
  • Listing Price$2,100,000
  • Original Listing Price$2,100,000
  • List Price per Square Foot$600.00
  • Date ListedApril 26th, 2025
  • Days on Market4
  • Bedrooms8
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,500
  • Acres0.00
  • Garage Parking2
  • Year Built1954
  • TypeResidential
  • Sub-TypeDetached
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address5544-46 Mary Lane
  • AreaSAN DIEGO (92115)
  • Complex****GO AZTECS****
  • SubdivisionSDSU
  • CitySAN DIEGO
  • CountySan Diego
  • StateCA
  • Zip Code92115

Amenities

  • UtilitiesElectric, Gas
  • Parking Spaces8
  • ParkingGarage, Garage - Rear Entry
  • PoolN/K

Interior

  • # of Stories2

Heating

Combination Heating, Forced Air Unit

Cooling

Central Forced Air, N/K, Electric

Exterior

  • ExteriorStucco
  • RoofComposition, Flat
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Nearby Schools in San Diego

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Listing information last updated on May 7th, 2025 at 4:53pm PDT.