858-525-5007

6497 Montezuma Rd, San Diego CA 92115 | $1,199,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1984
  • MLS#: 260007270SD
  • Community: 92115 - San Diego

Listing provided courtesy of Daniel Sipher of Landmark Multifamily and Development. Last updated 2026-04-25 08:11:35.000000. Listing information © 2025 SANDICOR.

2-unit investment property in San Diego's College Area, offered with a master lease at $7,000/month covering both units. Steps from SDSU's 40,000+ student population, this is a turnkey opportunity in one of San Diego's highest-demand student housing submarkets. The main house delivers 4 beds/3 baths and the studio adds 1 bath — 1,822 SF total on a 4,300 SF lot. Currently in process for RM-4-10 zoning, the site offers meaningful long-term redevelopment potential. Density bonus pathways — including HAP 2.0 and 100% micro-unit programs — provide significant upside for a buyer with a development horizon. Sustained enrollment at SDSU drives consistent rental demand, supporting both near-term cash flow and future student-oriented or multifamily housing development. Strong in-place cash flow with entitlement upside. All zoning, development potential, and unit counts to be verified by buyer.

More Details

2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985