5147 Ewing St

Description

This is an excellent investment opportunity near SDSU, located in a high rental demand area with consistent annual rent increases, where property managers typically secure rents between $1,200-$1,400 per bedroom. This turnkey 7 bed, 3 bath house, remodeled in 2024 with permits, is built to accommodate 7-8 tenants. Additional features consist of mini splits in key areas, maintenance-free landscaping with artificial turf, and an extended driveway for additional parking. This home has been updated with a 200-amp main panel, ABS plumbing, a tankless water heater, double-pane windows, LED recessed lights with dimmers and luxury vinyl plank flooring with a durable 22mil wear layer. The modern kitchen and kitchenette boast LG stainless appliances, beautiful quartz countertops, tile backsplash, sleek electric range and a large island with seating for four. The kitchenette has an additional sink, microwave, and a full size fridge to accomodate a large number of tenants. The property offers backyard canyon views with no rear neighbors, and potential inclusions of outdoor furniture and a 75-inch smart TV to convey. All renovations were done by licensed contractors, ensuring quality workmanship. Several neighborhood properties have added ADUs, and feasibility should be assessed.

Listing information courtesy of: Gregory Cline, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 10/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.