5861 College Avenue
DSan Diego, CA 92120
Soft Appraisal Value: $1,298,700 · 0.1% above estimate
Beds
3
Baths
2
Sqft
1,875
Year Built
1958
Days on Market
9
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2602168
Description
Opportunity meets location in this rare College Area property just minutes — and even walking distance — to SDSU. Situated on an expansive 0.68+ acre lot and zoned RS-1-7, this property offers incredible flexibility for those looking to create long-term income, explore future development potential, or build a true multi-generational compound in one of San Diego’s most sought-after university-adjacent neighborhoods. As you enter the home, you’re welcomed by a striking mid-century modern fireplace that anchors the living space with timeless character and warmth. Natural light fills the interior, blending classic architectural charm with everyday comfort. The fully owned solar system adds immediate value and efficiency, helping reduce operating costs while supporting sustainable living. Large parcels like this are rarely available near SDSU, making it an exceptional opportunity for homeowners, investors, or visionaries looking to maximize the potential of a prime location. Whether you envision expanding, adding additional living spaces, or simply enjoying the generous lot size and proximity to shopping, dining, freeways, and campus life — this is a property with both presence and possibility.
Mortgage Calculator
Est. Monthly Payment
$8,252
Comparable Properties
5 comps foundThis Property
$4,715
Comp Average
$4,292
4914 Zion Avenue
3bd / 2ba · 1,349 sqft · Single Family
$880K
Est. $4,327/mo
4541 Rainier Ave
4bd / 3ba · 1,566 sqft · Townhouse
$829K
Est. $3,612/mo
3498 Mission Mesa Way
3bd / 2.5ba · 1,950 sqft · Townhouse
$899K
Est. $4,327/mo
5722 Waring Road
3bd / 2.5ba · 1,537 sqft · Single Family
$1.15M
Est. $4,931/mo
4625 Glacier Avenue
3bd / 2ba · 1,363 sqft · Single Family
$1.15M
Est. $4,265/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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