
6241 Mary Lane Dr
DSan Diego, CA 92115
Soft Appraisal Value: $1,477,300 · 1.5% above estimate
Beds
7
Baths
3
Sqft
1,796
Year Built
1949
Days on Market
8
Property Type
Single Family
HOA/mo
N/A
MLS ID
260011630SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
PROPERTY CAN BE SOLD TOGETHER OR SEPARATELY FROM 6233 MARY LANE DR (the property next door) 6233 & 6241 Mary Lane present a rare opportunity to acquire two contiguous properties on one of the premier streets surrounding San Diego State University. Located within walking distance to campus, transit, and major retail amenities, the properties are ideally positioned to capitalize on the area’s consistently strong student housing demand. Historically operated as successful student rentals, the properties have demonstrated strong occupancy and consistent demand driven by the growing SDSU off-campus housing market. The assets offer attractive in-place income with additional upside through continued unit upgrades, operational improvements, and potential ADU additions, as several neighboring properties on the street have already completed. With functional layouts suited for roommate living, large flat lots, and valuable off-street parking, the properties provide an ideal opportunity for investors seeking stable cash flow, value-add potential, or future expansion opportunities in the highly sought-after College Area submarket.
Mortgage Calculator
Est. Monthly Payment
$9,522
Location
Loading map...
Comparable Properties
4 comps foundThis Property
$7,261
Comp Average
$6,717
4727 Choctaw Dr.
6bd / 5ba · 2,455 sqft · Single Family
$1.35M
Est. $7,363/mo
6233 Mary Lane Dr
7bd / 3ba · 1,790 sqft · Single Family
$1.50M
Est. $7,336/mo
4928 64th St
8bd / 3ba · 2,076 sqft · Single Family
$1.48M
Est. $5,759/mo
4941 Gary St.
8bd / 4ba · 2,770 sqft · Single Family
$1.65M
Est. $6,409/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
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.
Get Expert AnalysisOpen Full Calculator