6334 Mesita Dr
CSan Diego, CA 92115
Soft Appraisal Value: $937,900 · 1.3% above estimate
Beds
2
Baths
2
Sqft
1,296
Year Built
1951
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260014248SD
This property is in San Diego (92115). View neighborhood stats →
About This Property
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!
Mortgage Calculator
Est. Monthly Payment
$6,031
Location
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Comparable Properties
5 comps foundThis Property
$3,706
Comp Average
$3,189
4221 51st St
1bd / 2ba · 1,026 sqft · Single Family
$595K
Est. $2,739/mo
4229 Collwood Lane
3bd / 2ba · 1,452 sqft · Condo
$699K
Est. $4,014/mo
6644 Reservoir Lane
3bd / 2ba · 1,740 sqft · Condo
$670K
Est. $3,758/mo
4514 51st
2bd / 2ba · 950 sqft · Condo
$599K
Est. $2,713/mo
6033 Estelle Street
2bd / 2ba · 971 sqft · Condo
$590K
Est. $2,723/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.
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