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Four-Unit Student Rental Property
New
For Sale
$3,195,000

5505 Mary Lane Dr, San Diego, CA 92115

Four-unit residential property near SDSU with management in place and 12-month leases.

Property SizeContact for details
Days on Market2

Property Features for 5505 Mary Lane Dr

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 2023
Stories 2
Units 4
Listing Agency: Bridgepoint Realty Inc
Listed By: Adrian Gonzalez-Pureco · License #01844618
Source: Elliman
Added: Sep 14 Last Checked: Sep 14 at 2:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bridgepoint Realty Inc

Investment Insights

Based on property information with market context.

This four-unit residential property at 5505 Mary Lane Dr comprises 3,877 square feet and was built in 2023. The unit mix includes one five-bedroom, three-bath residence; one four-bedroom, two-bath residence; one three-bedroom, two-bath residence; and one two-bedroom, one-bath residence, totaling 14 beds and 8 baths.

The property is positioned near SDSU and is configured for student rental use. Management is in place, and the units operate under 12-month leases with early renewals. Walk Score is 84, Bike Score is 47, and Transit Score is 55.

Key Highlights

  • Four‑unit property with 14 beds and 8 baths
  • 3,877 square feet built in 2023
  • Unit mix includes 5BR/3BA, 4BR/2BA, 3BR/2BA, and 2BR/1BA

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,159
Businesses Nearby

Demographics for 92115, CA

64,251
Population
23,448
Households
2.7
Avg Household Size
30
Median Age
39%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
10,363
Density / Sq Mi
$75,178
Median Household Income
$36,061
Median Earnings
$1,875
Median Rent
$722,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property near SDSU with management in place and 12-month leases.
Where is this quadplex located?
The property is located at 5505 Mary Lane Dr San Diego, CA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: Four‑unit property with 14 beds and 8 baths; 3,877 square feet built in 2023; Unit mix includes 5BR/3BA, 4BR/2BA, 3BR/2BA, and 2BR/1BA
More about this property
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