14 days on rocket

5129 Leo St, San Diego, CA, 92115

$1,749,999

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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5129 Leo St, San Diego$1,749,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1954
CoolingCentral Air
MLS #240026167SD
StatusActive

About 5129 Leo St

Prime opportunity walking distance from SDSU and generates $11,240 of gross rents! This is a value-add property with the opportunity to increase rents further to $12,000+ per month. Ideally located for off-campus student housing, ensures strong rental demand and high rental income. The front house offers 4 bedrooms and 2 bathrooms, now generating $6,040 monthly, while the second unit (new construction ADU) also boasts 4 bedrooms and 2 bathrooms, bringing in $5,200 monthly. This unit includes paid off Solar. Currently a 5.5% Cap Rate, this property has the ability to maximize rents to a pro forma 5.8% Cap Rate. With its unbeatable location and consistent rental demand, this property promises a steady and lucrative return.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 1

Listing Office:

  • Office Name: JLM Real Estate Inc
  • Office Phone: (949) 207-8321
  • Listing Agent: Daniel Sipher

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: CrossStreet: Leo St & Saranac St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,749,999

Tax Information:

  • Annual Amount: $3,303
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Diego, CA.

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San Diego, CA

City

Med. Sold Price

$947.8K

Med. Price/SqFt

$699

Avg. Days On Market

26

# of Sold Homes

753

5129 Leo St vs San Diego

14 DAYS ON ROCKET

-12 Days

$1,749,999

+$802.1K More

KEY TAKEAWAY

This property is $802.1K more than the Median Sold Price in San Diego, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240026167SD

Listing Office:

  • Office Name: JLM Real Estate Inc
  • Office Phone: (949) 207-8321
  • Listing Agent: Daniel Sipher

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 1988Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,303$268,687
2020$3,303$265,933
2019$3,034$260,719
2018$3,035$255,608
2017$2,963$250,597

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-200548
5
/10

  • Clay Elementary School

  • 6506 Solita Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-200549
4
/10

  • Rolando Elementary School

  • 6925 Tower St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-200550
8
/10

  • Hearst Elementary School

  • 6230 Del Cerro Blvd

  • 0.92 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,871. Residents of San Diego, CA typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5129 Leo St

What is the listing price of this property?

The listing price of 5129 Leo St property is $1,749,999.

What type of property is this?

The property 5129 Leo St is a house located in San Diego, California, 92115.

Is this property for sale now?

Active Listing: 5129 Leo St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,303 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 1988 for $155,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 5129 Leo St is 1954.

Rocket Homes›California›San Diego County›San Diego›92115›5129 Leo St

This home is located at 5129 Leo St in San Diego, CA and zip code 92115 in the College East neighborhood. This home was built in 1954. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $1,749,999.

Over 236 listings were sold over their listed price in October 2024 in San Diego, CA. In the same period over 395 listings were sold below the listed price and 122 listings were sold for the listed price. The inventory of homes for sale in San Diego, CA between September 2024 and October 2024 increased by 7.2%. Listings spent 26 days on the market in October 2024, and had a median list price of $947,861 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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