6233 Mary Lane Dr, San Diego, California 92115, San Diego, 92115 - 7 bed, 3 bath
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6233 Mary Lane Dr
San Diego, California 92115
ACTIVE
CONDITION: EXCELLENT
7Beds
3Baths
1,751Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,500,000
EST. MARKET VALUE
$1,353,588
10% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $1,500,000, positioned above the $1,353,588 Fair Market Value. While priced at a premium, this 7-bedroom, 3-bathroom asset is specifically optimized for high-demand student housing just half a mile from SDSU. Featuring a Condition Rating of 2 with recent renovations and a hardscaped patio, the property offers a turnkey, low-maintenance layout. This is a strategic acquisition for Buy-and-Hold Investors or Rental Property Managers seeking immediate, high-yield cash flow in a prime university location.
Estimated Market Value
$1,353,588
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6233 Mary Lane Dr Subject | $1,500,000* List Price | 7 | 3 | 1,751 | $773 | - |
A 6459 Richard St. Sold | $1,330,000 | 7 | 3 | 1,895 | $702 | 0.5 mi |
B 4922 4924 64th Active | $1,550,000 List Price | 8 | 4 | 2,450 | $633 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation featuring modern finishes, stainless steel appliances, and updated LVP flooring. Despite the 1949 build date, the interior is in mint, turnkey condition consistent with a renovation completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated just half a mile from San Diego State University, this property is perfectly positioned for high-demand student housing, ensuring consistent occupancy and strong rental yields.
- High Income Potential
The rare 7-bedroom configuration within a single-story layout is specifically optimized for roommate living, maximizing the price-per-room rental revenue for investors.
- Turnkey Renovated Condition
Featuring modern finishes, stainless steel appliances, and a low-maintenance hardscaped backyard, the home is move-in ready and requires minimal immediate capital expenditure.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
- High Occupancy Density
Fitting 7 bedrooms into 1,751 square feet results in very compact living quarters and high-density usage, which may limit the property's appeal to traditional families.
- Premium Price per Square Foot
At a $1.5M list price for a 1949 structure under 1,800 square feet, the valuation is heavily dependent on its utility as a student rental rather than its physical scale or architectural value.
About 6233 Mary Lane Dr
This renovated single-story 7-bedroom, 3-bathroom home offers 1,790 sq ft of living space on a large flat 6,074 sq ft lot and is perfectly located just a half-mile from San Diego State University on Mary Lane Drive. Ideal for SDSU students or investors, the interior features modern finishes, stainless steel appliances, and a spacious layout designed for comfortable roommate living. The low-maintenance hardscaped backyard provides a great outdoor space for relaxing or entertaining, while the wide driveway offers convenient off-street parking. Turnkey and move-in ready, this College Area property combines excellent location, generous lot size, and practical student housing features in one of San
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Clay Elementary School
Grades K-5 • 0.6 mi
5/10
Hardy Elementary School
Grades K-5 • 0.8 mi
8/10
Mann Middle School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,751 | 1,777.941 |
| Lot Size | 6,000 | 6,474.445 |
| Price | $1.50M | $1.27M |
| Price per sq ft | $857 | $741 |
| Built year | 1949 | 1971 |
| HOA | $0 | $184 |
| Days on market | 14 | 40 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,500,000
Initial Listing
Sold
Oct 11, 2019
$625,000
Public Record
Sold
Jul 1, 2003
$422,000
Public Record
Sold
Apr 24, 2000
$192,000
Public Record