5109 Alumni Place, San Diego, CA 92115

• 4 beds |
• 2 baths |
• 1,388 sqft

Property Description

4 Bed | 2 Bath | Huge Lot | ADU & SB-9 Ready | Turnkey College Area Investment An exciting mid-century single-story gem in San Diego’s thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money - contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential—build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes—new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows—this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it’s also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego’s most in-demand rental corridors. Assumable VA loan with low gap may be available—ask about creative financing options! Whether you’re looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!

Listing Status:

Active

Date Added:

November 12, 2025 at 06:00AM

Listing Office:

Real Broker : 855-450-0442

Listing Agent:

Keegan Wetzel : 708-256-7904

MLS ID:

250043846SD

Interior

• Appliances: Built-In RangeCounter TopDishwasherGas CooktopGas OvenGas RangeRange Hood
• Laundry: Gas Dryer HookupIn Garage
• A/C: None
• Heating: Natural Gas

Exterior

• Pool: None
• Parking: Garage Faces FrontGarageParking spaces: 2

Construction

• Roofing: Composition
• General: StuccoWood Siding1

Location

• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: 4671233800
• Fencing: Wood

Financial

• Source: CRMLS_SAND

This listing courtesy of Keegan Wetzel, Real Broker