College Area / SDSU
92115 · San Diego
The College Area surrounding San Diego State University — a classic college rental zip with older SFRs converted to student housing, the El Cajon Boulevard corridor, and the larger mini-estates north of Montezuma Mesa. Strong but seasonal rental demand tied to the SDSU calendar.
Active Listings
110
Median Price
$770K
Avg Rent
$3,509/mo
Avg Cashflow
$-1,856/mo
Avg Cap Rate
1.3%
Avg CoC
-24.0%
P/R Ratio
19.2
Cashflow+ %
1%
Price Range
Highlights
- ✓Adjacent to San Diego State University — large, stable student tenant base
- ✓El Cajon Boulevard transit and dining corridor
- ✓Mini-mansions north of campus offer larger SFR inventory
- ✓SDSU Mission Valley expansion is bringing additional housing demand
Investor Notes
- ◈By-the-room student rental model can boost gross rent meaningfully
- ◈Higher turnover and management intensity — best with a specialist PM
- ◈Lease cycles align with the academic calendar — plan vacancy accordingly
- ◈Older inventory — verify wiring, plumbing, and parking capacity
Demographics
Vibe
College town within the city
Median Income
~$70K
Top Employers
San Diego State University, healthcare, retail, hospitality
Top 5 Listings by Score
| Address | Score | Price | Est. Rent | CF/mo |
|---|---|---|---|---|
| 4733 Soria Drive 5bd / 3ba · 1,841 sqft | A 69 | $799K | $5,128 | +$56 |
| 4346 52nd Street 1bd / 1ba · 600 sqft | A 66 | $279K | $1,790 | $-266 |
| 4425 50th St. 1bd / 1ba · 480 sqft | A 65 | $297K | $1,848 | $-303 |
| 4425 50th Street 1bd / 1ba · 560 sqft | A 62 | $335K | $2,009 | $-383 |
| 6333 College Grove Way 3bd / 2ba · 1,024 sqft | A 60 | $470K | $3,054 | $-433 |
Stats are live from our database. Default assumptions: 20% down, 6.5% rate, 30yr. Rents estimated via proprietary model.