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$1,000,000
3 Beds ⋅ 2 Baths
Exceptional opportunity in the College Area! Located just minutes from San Diego State University, 5639 Dorothy Way offers tremendous potential for investors, parents of SDSU students, or buyers looking to create value through renovation. While the home is ready for updating, its location near the university provides strong rental and investment appeal. In addition to the recorded square footage, the property features an enclosed patio of approximately 252 square feet that is not reflected in the tax records, providing additional flexible space for future use. The surrounding neighborhood has seen significant investment, with numerous ADU and redevelopment projects nearby, reflecting strong demand and long-term growth potential. Investors will appreciate the opportunity to capitalize on the property's proximity to SDSU, while parents may find it ideal for housing a college student and offsetting expenses by renting additional bedrooms. Conveniently located near campus, shopping, dining, public transportation, and major freeways, this property offers endless possibilities. Whether you're looking for an income-producing investment, a future redevelopment opportunity, or a home with upside potential, this is an excellent opportunity to acquire a property in one of San Diego's most established college housing markets.

5639 Dorothy Way, Talmadge/San Diego Central
$847,500
2 Beds ⋅ 2 Baths
ATTENTION INVESTORS, DEVELOPERS, AND VALUE-ADD BUYERS! Incredible real estate opportunity in San Diego’s highly demanded College East neighborhood. Located at 6334 Mesita Dr, this classic 1951 single-family residence is situated on a flat, usable 5,400 sq ft lot with premium RS-1-7 zoning. This configuration offers massive development potential. The current structure features a highly functional traditional layout with 2 bedrooms, 2 bathrooms with retro tile, hardwood floors throughout and approximately 1,296 sq ft of living space, making it a seamless rental conversion or an ideal modern remodel project. The true crown jewel of this property is its extreme versatility for multi-unit expansion. Leveraging San Diego’s aggressive local housing initiatives, California Senate Bill 9 (SB 9), or Accessory Dwelling Unit (ADU) density codes, developers can look into building multiple income-generating units on the lot. It is a high-yielding goldmine for student housing or a multi-generational family estate. The location delivers an absolute premium on convenience. Positioned just minutes from the San Diego State University (SDSU) campus, local schools, retail centers, vibrant dining hotspots, and major commuter freeways, it ensures a constant stream of high rental demand and strong long-term appreciation. Whether your goal is to flip, hold and collect rent, or build out a multi-unit compound, this property offers an unmatched canvas to maximize yield in a prime urban pocket. Explore the infinite possibilities of this rare College East gem before it is gone!

6334 Mesita Dr, Talmadge/San Diego Central
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