5555 Mary Ln Drive

San Diego, CA 92115

$1,550,000
Last Sold Price
8
Beds
4
Baths
2,970 Sq. Ft.
$522 / Sq. Ft.
2,970
Sq. Ft.
$522
per Sq. Ft.

Description

Welcome to 5555 Mary Lane - located on the most desirable street of the San Diego State University rental market. The property is a spacious 8bed/4bath including a permitted new addition. The garage was recently converted as an ADU. This property has an active lease with a student group for $9,200/month and will be marketed for the 23-24 school year to $10,000 come August 2023. The property lies on a massive $6,400 sqft lot with capabilities of building an addition $1,200 sqft ADU in the backyard....Welcome to 5555 Mary Lane - located on the most desirable street of the San Diego State University rental market. The property is a spacious 8bed/4bath including a permitted new addition. The garage was recently converted as an ADU. This property has an active lease with a student group for $9,200/month and will be marketed for the 23-24 school year to $10,000 come August 2023. The property lies on a massive $6,400 sqft lot with capabilities of building an addition $1,200 sqft ADU in the backyard. Regardless of the future plans, this is investment is sure to lease at the top of the rental market and proven to be one of the first leased in the SDSU market! Current management is at 6% management fee and guarantees high rental rates each year - an easy, stress free investment.

Property Details for 5555 Mary Ln Drive

Area
San Diego (92115)
Neighborhood
San Diego State University
Community
SAN DIEGO
City Postal ID
SAN DIEGO (92115)
Cross Street(s)
55th Place

Location

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

Sold By Compass, Noel Wheeler, DRE #01373389

Add your commute
LISTING UPDATED: 02/27/2023 03:34 PM

Property Details for 5555 Mary Ln Drive

StatusSold
MLS #220023688
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1954
Lot Size0.15 AC / 6,400 SF
CountySan Diego County

Location

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

Sold By Compass, Noel Wheeler, DRE #01373389

Add your commute

Building Information for 5555 Mary Ln Drive

Stories1Year Built1954Building Size-Lot Size0.15 AC / 6,400 SF

Payment Calculator

$9,145 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$686

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5555 Mary Ln Drive

Summary Information
Property and Location
  • System ID: 220023688
  • Class: RESIDENTIAL
  • Residential Styles: Detached
  • Levels: 1 Story
  • Year Built: 1954
  • Street Number Numeric: 5555
  • Street Name: Mary Lane Dr
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
  • Ownership: Fee Simple
Parking
  • Parking Garage: Converted
  • Parking Non-Garage: Driveway - Concrete
  • Parking Garage Spaces: 0
  • Number of Parking Spaces: 8
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Heat Equipment: Forced Air Unit, Wall/Gravity
  • Heat Source: Natural Gas
  • Laundry Location: Closet Full Sized, Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Ice Maker, Range/Stove Hood, Vented Exhaust Fan, Water Line to Refr, Gas Range
  • Laundry Utilities: Gas
  • Optional Bedrooms: 0
  • Bedrooms Count: 8
  • Searchable Rooms: Den, Sun Room
  • Primary Bedroom Dimensions: 21-19
  • Bedroom 2 Dimensions: 14-19
  • Bedroom 3 Dimensions: 11-8
  • Bedroom 4 Dimensions: 18-14
Interior Dimensions
  • Bedroom 5 Dimensions: 13-14
  • Dining Room Dimensions: 0-0
  • Extra Room 1 Dimensions: 14-12
  • Extra Room 2 Dimensions: 9-12
  • Extra Room 3 Dimensions: 10-9
  • Family Room Dimensions: 0-0
  • Kitchen Dimensions: 17-11
  • Living Room Dimensions: 19-20
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Full
  • Pool: Below Ground, Private, Filtered
  • Square Footage: 2970
Property Information
Property and Assessments
  • Total Stories: 1
  • Stories in Building: 1
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Plans
  • Topography: Level
  • Zoning: RS-1-7
  • Assessors Parcel Num: 466-150-15-00
Utilities
  • Water: Public
  • Sewer/Septic: Public Sewer
Multi Family Information
Building Details
  • Heating: Natural Gas, Forced Air

Property History for 5555 Mary Ln 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 5555 Mary Ln Drive

Taxable ValueLand$175,995Additions$492,470Total$668,465
Tax Record2023$8,236 ($686 / month)
Home Facts
Beds3Total Finished SqFt2,702 SqFtAbove Grade Finished SqFt2,702 SqFtLot Size6,207 SqFtStyleSingle Family ResidenceYear Built1954ZoningR-1:SINGLE FACountySAN DIEGOAPN466-150-15-00

Schools near 5555 Mary Ln Drive

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

Lewis Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

Language Academy
PublicK to 8

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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