Turn-Key SDSU Rental
For Sale
$2,995,000
6407 13 Richard St, San Diego, CA 92115
Four-unit property near SDSU, generating $20,200/month starting August 2026.
Property Size4,410 SF
Price / SF$679.14
Days on Market102
Property Features for 6407 13 Richard St
General Information
Standard status
Active
Size
4,410 SF
Property subtype
Investment
Building Details
Year Built
2026
Stories
2
Units
4
Listing Agency:
BridgePoint Realty, Inc
(760) 419-1343
Listed By:
Alexio Barbara · License #01992393
(760) 419-1343
Source:
Elliman
Added: May 20
Changed: Aug 8
Last Checked: Aug 29 at 9:46AM
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 offered at a 5.9% CAP rate with management in place. Located near SDSU, the property 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 effectively negotiates high rental lease rates and can continue managing the property. This new construction property is expected to generate $20,200 per month starting August 2026, rented on a year lease to students. Vacancy averages less than 2% due to 12-month leases with early renewals. The bike score is 26, indicating it is somewhat bikeable. The walk score is 31, indicating car-dependent surroundings, and the transit score is 36, indicating some transit options are available.
Key Highlights
- Turn‑key 4‑unit SDSU student rental property with existing management
- High occupancy rate with less than 2% vacancy due to 12‑month leases and early renewals
- Projected to generate $20,200/month starting August 2026
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,425
Businesses Nearby
Explore this area
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 $20,200/month starting August 2026.
Where is this quadplex located?
The property is located at 6407 13 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 existing management; High occupancy rate with less than 2% vacancy due to 12‑month leases and early renewals; Projected to generate $20,200/month starting August 2026
