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
107
Median Price
$799K
Avg Rent
$3,435/mo
Avg Cashflow
$-2,083/mo
Avg Cap Rate
1.3%
Avg CoC
-26.1%
P/R Ratio
19.0
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 |
|---|---|---|---|---|
| 4310 54th 2bd / 2ba · 1,000 sqft | A 77 | $342K | $2,690 | +$36 |
| 4346 52nd Street 1bd / 1ba · 600 sqft | A 66 | $279K | $1,859 | $-313 |
| 4261 49th Street 1bd / 1ba · 660 sqft | A 64 | $289K | $1,949 | $-356 |
| 4425 50th St. 1bd / 1ba · 480 sqft | A 64 | $290K | $1,842 | $-385 |
| 4011 Marron 3bd / 1ba · 1,145 sqft | A 62 | $660K | $3,853 | $-612 |
Stats are live from our database. Default assumptions: 20% down, 7.28% rate, 30yr. Rents estimated via proprietary model.