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$1,200,000
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Property Description
Seize this rare opportunity just steps from San Diego State University! This property includes approved plans to transform the main house into a 6-bedroom, 3-bathroom residence and construct a brand-new 1,200 sq ft, 5-bedroom, 2-bathroom ADU. Situated on an oversized lot, it features two driveways for abundant parking, plus expansive front and rear yards. The garage offers future potential for conversion into a 2-bedroom, 1-bathroom third unit. With rental rates in this high-demand area ranging from $1,300-$1,450 per bedroom, this project promises exceptional cash flow and significant upside. Detailed Investment memo available for review PLEASE SEE OFFERING MEMORANDUM IN DOCUMENTS TAB
Full Property Details
Full Property Details for 5026 Faber Way
General
- Sold For: $1,200,000
- Status: Closed
- Type: Single Family
- Source: SANDICOR
- MLS ID: 250026130
- Added to Site: 261 day(s) ago
Interior
- Appliances: Other/Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric, Other/Remarks
Additional Information
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Attached
Location
- Area: SAN DIEGO (92115)
- County: San Diego
- Subdivision: SAN DIEGO
- Neighborhood: College Knolls
Heating & Cooling
- Cooling Type: Central Forced Air
- Heating Type: Other (See Remarks)
- Heating Fuel: Natural Gas
Utilities
- Sewer: Sewer Connected
- Water: Meter on Property
Structural Information
- Detached/Attached: Detached
- Construction: Wood/Stucco
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,716
- Living Area: 1,716 Sq. Ft.
- Year Built: 1958
Lot Features
- Fencing (Description): Partial
Financial Considerations
- Terms: Cash, Other/Remarks
Disclosures and Reports
- Special Conditions: N/K, Standard
- Prop. Restrictions: None Known
- Property ID: 466-111-03-00
Listed and Sold by Brandon Blum (858) 361-9427, Brandon Blum
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Schools
Schools serving 5026 Faber Way
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Hardy Elementary School 5420 Montezuma Road, San Diego, CA 92115 | K-5 | 0.2 mi |
Lewis Middle School 5170 Greenbrier Avenue, San Diego, CA 92120 | 6-8 | 2 mi |
Patrick Henry High School 6702 Wandermere Drive, San Diego, CA 92120 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5026 Faber Way
Date
Details
Price
Change
Source
7/25/2025
Sold
$1,200,000
0.08%
MLS
5/01/2025
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5026 Faber Way, San Diego, CA 92115 (MLS# 250026130) is a Single Family property that was sold at $1,200,000 on July 25, 2025. Want to learn more about 5026 Faber Way? Do you have questions about finding other Single Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

