Turn-Key SDSU Student Rental
For Sale
Contact for pricing
6407 Richard St, San Diego, CA 92115
Four-unit property near SDSU, generating high rental income.
Property Size4,410 SF
Price / SF$679.14
Days on Market169
Property Features for 6407 Richard St
General Information
Standard status
Active
Size
4,410 SF
Property subtype
Multifamily
Net Operating Income
$166,867
Building Details
Year Built
2026
Buildings
4
Stories
2
Units
4
Listing Agency:
BRIDGEPOINT REALTY INC.
(760) 419-1343
Listed By:
Alexio Barbara · License #01992393
Source:
Crexi
Added: Feb 25
Changed: Aug 11
Last Checked: Aug 12 at 11:29AM
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 turn-key, four-unit property is located near SDSU and is offered at a 5.9% CAP rate with management in place. The property, located at 6407-13 Richard St, consists of one 5-bedroom/3-bathroom unit, two 4-bedroom/2-bathroom units, and one 3-bedroom/2-bathroom unit. In total, there are 16 beds and 9 baths within the 4,410 square feet of living space. The current management team is effective at negotiating high rental lease rates and can continue in their role. This new construction property is expected to generate $20,200 per month starting August 2026, rented on a year lease to students. The properties operate on 12-month leases with early renewals, resulting in an average vacancy rate of less than 2%.
Key Highlights
- Turn‑key 4‑unit SDSU student rental property with management in place.
- Projected to generate $20,200/month starting August 2026 with year‑long student leases.
- High occupancy rate with vacancy averaging less than 2% due to early lease renewals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,425
Businesses Nearby
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Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property near SDSU, generating high rental income.
Where is this quadplex located?
The property is located at 6407 Richard St San Diego, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Turn‑key 4‑unit SDSU student rental property with management in place.; Projected to generate $20,200/month starting August 2026 with year‑long student leases.; High occupancy rate with vacancy averaging less than 2% due to early lease renewals.
