5331 West Falls View Drive

San Diego, CA 92115

$1,605,000
Last Sold Price
9
Beds
4
Baths
2,970 Sq. Ft.
$540 / Sq. Ft.
2,970
Sq. Ft.
$540
per Sq. Ft.

Description

Rental investment opportunity in College West neighborhood. The home is a partially remodeled 5bed/2bath home and 4bed/2bath ADU for combined monthly rent of $10,450/month commencing in July 2023. ADU was recently completed in January of 2023 with solar panels and new irrigation/concrete executed to prevent floods or intrusion. Both homes are college rentals and management typically increases rents between 7-10% every year for consistent increases. The garage has potential to be converted to a JADU...Rental investment opportunity in College West neighborhood. The home is a partially remodeled 5bed/2bath home and 4bed/2bath ADU for combined monthly rent of $10,450/month commencing in July 2023. ADU was recently completed in January of 2023 with solar panels and new irrigation/concrete executed to prevent floods or intrusion. Both homes are college rentals and management typically increases rents between 7-10% every year for consistent increases. The garage has potential to be converted to a JADU - two bed/one bath.
  1. Listed by Sydney Daily • DRE #02132812 • Brokerage DRE #01867610 • State Houses Real Estate, Inc.

Property Details for 5331 West Falls View Drive

Cross Streets
East Falls View Dr
Living Area
2970
Source Living Area
404
Area
San Diego (City) (SD)
Lot Size Area
7300
Source Lot Size Area
Plans
Home owner Dues
$0
HOA Fee Frequency 1
Monthly

Location

Listing Courtesy of State Houses Real Estate, Inc., Sydney Daily, DRE #02132812

Sold By State Houses Real Estate, Inc., Sydney Daily, DRE #02132812

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LISTING UPDATED: 08/16/2023 11:27 AM

Property Details for 5331 West Falls View Drive

StatusSold
MLS #230008378SD
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1952
Lot Size0.17 AC / 7,300 SF
CountySan Diego County

Location

Listing Courtesy of State Houses Real Estate, Inc., Sydney Daily, DRE #02132812

Sold By State Houses Real Estate, Inc., Sydney Daily, DRE #02132812

Add your commute

Building Information for 5331 West Falls View Drive

Stories2Year Built1952Building Size-Lot Size0.17 AC / 7,300 SF

Payment Calculator

$9,970 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,759

Property Taxes

$1,211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5331 West Falls View Drive

Community / Development
Community / Development
  • Builders Tract Name: College West
  • Earth Quake Insurance: 0
  • Management Company Name: State Houses Real Estate
  • Management Company Phone: 6195694610
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
  • Water: Public
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Open
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Location: Other/Remarks
Parking Details
Parking Details
  • Parking Garage: Attached, Door Opener, Garage - Side Entry, Garage - Two Door
  • Total Parking: 6
  • Garage Spaces Total: 2
Interior Features
Interior Features
  • Rooms: Dining Area, Laundry
  • Levels: Two
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Rooms: Living Room
  • Cooling Type: None
  • Heating Type: Forced Air, Natural Gas
  • Equipment: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Solar Panels, Washer
  • Cooking Appliances: Gas Range, Range/Oven
  • Laundry: Garage, On Upper Level, Room
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Wood
Lease Terms
Lease Terms
  • Listing Terms: Conventional

Property History for 5331 West Falls View Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5331 West Falls View Drive

Taxable ValueLand$867,000Additions$316,000Total$1,183,000
Tax Record2023$14,526 ($1,211 / month)
Home Facts
Beds3Total Finished SqFt1,770 SqFtAbove Grade Finished SqFt1,770 SqFtLot Size7,300 SqFtStyleSingle Family ResidenceYear Built1952ZoningR-1:SINGLE FACountySAN DIEGOAPN463-222-03-00

Schools near 5331 West Falls View Drive

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Clay Elementary School
PublicK to 5

Hardy Elementary School
PublicK to 5

Lewis Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of State Houses Real Estate, Inc., Sydney Daily, DRE #02132812

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