4928 30 64th St, San Diego, California 92115, San Diego, 92115 - 8 bed, 3 bath
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San Diego, California 92115
class="text-purple-600 font-bold">1031 Exchange Investors."
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This **Turn-key Student Rental Asset** is listed at **$1,475,000**, positioned well below the **$1,502,094 Fair Market Value** <span class="text-green-600 font-bold underline">by 1%</span>. This valuation provides <span class="text-green-600 font-bold underline">$27,094 in Instant Equity</span> for an asset generating a robust **$10,500 monthly income**. The property maintains a **Condition Rating of 2** following a 2022 renovation featuring **dual kitchens**, **owned solar**, and an **ADU conversion** with a **patio**. Located in the **San Diego Unified School District** near SDSU, it offers stabilized cash flow and competitive market pricing. This is an ideal acquisition for <span class="text-blue-600 font-bold">Buy-and-Hold Investors</span> or <span class="text-purple-600 font-bold">1031 Exchange Investors</span>.
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"High-yield SDSU student rental in San Diego. Renovated 8BR/3BA asset generating $10,
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4928 30 64th St Subject | $1,475,000* List Price | 8 | 3 | 2,076 | $724 | - |
A 4917 Rockford Dr Sold | $1,750,000 | 8 | 4 | 2,442 | $717 | 0.3 mi |
B 6459 Richard St. Active | $1,450,000 List Price | 7 | 3 | 1,895 | $765 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive 'down to the studs' renovation in 2022, including all-new electrical, plumbing, dual kitchens with stainless steel appliances, and modern bathrooms. The interior features new LVP flooring, LED lighting, and contemporary finishes throughout, while the exterior boasts new stucco, owned solar, and low-maintenance landscaping, meeting the criteria for a recently fully renovated home in like-new condition.
The property generates a substantial $10,500 monthly income as a turn-key student rental, offering a strong cap rate in a high-demand submarket near SDSU.
Extensively updated down to the studs with new electrical, plumbing, dual kitchens, and owned solar, ensuring low maintenance and modern appeal for investors.
The garage conversion into a functional ADU maximizes the property's footprint, providing an 8-bedroom layout that optimizes income potential and occupancy stability.
With 8 bedrooms sharing only 3 bathrooms, the high tenant-to-bathroom ratio may impact long-term tenant satisfaction and increase wear and tear on common areas.
The conversion of the garage into living space eliminates protected parking, which could pose logistical challenges for a high-occupancy residence in a busy university area.
Turn-key SDSU student rental generating $10,500/month with professional management in place. 4928-4930 64th St features 8 bedrooms and 3 bathrooms across a main house and attached ADU, providing an ideal layout for high-demand student housing. Extensively renovated down to the studs in 2022, the property includes new electrical, plumbing, dual kitchens, updated flooring, LED lighting, low maintenance landscaping, and modern finishes throughout, creating a low-maintenance, stabilized investment. The garage has been converted into a functional ADU, maximizing income potential while maintaining a cohesive design. Owned solar. Located just minutes from San Diego State University, shopping, dining, and transit, the property benefits from consistent tenant demand, strong leasing history, and reliable occupancy. Ideal for investors seeking passive income or a 1031 exchange into a stabilized, high-yield asset in one of San Diego’s most proven rental submarkets.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 2,076 | 1,296 | 86% |
| Lot Size | 5,100 | 6,100 | 27% |
| Price | $1.48M | $949.5K | 89% |
| Price per sq ft | $711 | $733 | 44% |
| Built year | 1952 | 1951 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 160 | 8% |
Apr 14, 2026
$1,475,000
Initial Listing
Oct 30, 2024
$1,550,000
Public Record
Jan 9, 2020
$615,000
Public Record
Jun 15, 2015
$490,000
Public Record
Sep 29, 2009
$415,000
Public Record
Jun 9, 2005
$500,000
Public Record