Listing provided courtesy of Brandon Blum of Brandon Blum. Last updated 2025-05-01 20:01:21.000000. Listing information © 2024 Sandicor.
Asking Price: $1,199,000 | Active
5026 Faber Way, San Diego CA 92115
Community: College Knolls
This Detached property was built in 1958 and is priced at $1,199,000. Please see the additional details below.
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