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$1,950,000
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Property Description
An outstanding investment opportunity featuring two single-family properties currently utilized as student housing near San Diego State University. These homes offer dependable rental income in a dedicated student housing market. The first home, built in 1954 and remodeled in 2010, provides four bedrooms and two bathrooms, combining classic charm with modern updates to create a comfortable living space for tenants. The second property, constructed in 2022 and listed as an Accessory Dwelling Unit (ADU), includes four bedrooms, two bathrooms, a two-car garage, and alley access. Its contemporary design and amenities make it a functional and convenient housing option for students. Both homes are fully occupied by female tenants with leases secured through the school year of 2026. Their proximity to the university ensures they remain ideal student housing.
Full Property Details
Full Property Details for 5544-46 Mary Ln
General
- Sold For: $1,950,000
- Status: Closed
- Type: Single Family
- Source: SANDICOR
- MLS ID: 250025723
- Added to Site: 300 day(s) ago
Interior
- Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer, Range/Stove Hood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric, Gas
Additional Information
- Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 10
- Parking Features: Garage, Garage - Rear Entry
Location
- Area: SAN DIEGO (92115)
- County: San Diego
- Subdivision: Collage at Sorrento (CLAG)
- Neighborhood: SDSU
- Complex: ****GO AZTECS****
- Driving Directions: Google
Heating & Cooling
- Cooling Type: Central Forced Air, N/K, Electric
- Heating Type: Combination Heating, Forced Air Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Sewer Available
- Water: Available
Structural Information
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Composition, Flat
- Stories/Levels: 2
- Square Feet: 3,500
- Living Area: 3,500 Sq. Ft.
- Year Built: 1954
- Year Built Source: Public Records
Lot Features
- Fencing (Description): Partial
Financial Considerations
- Terms: FHA
Disclosures and Reports
- Prop. Restrictions: None Known
- Property ID: 466-150-07-00
Listed by The Jake May Team, Inc. (619) 778-9778, Jake May
Sold by JLM Real Estate Inc (619) 778-9778, Daniel A Sipher
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Schools
Schools serving 5544-46 Mary Ln
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 | 1.9 mi |
Patrick Henry High School 6702 Wandermere Drive, San Diego, CA 92120 | 9-12 | 2.4 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 5544-46 Mary Ln
Date
Details
Price
Change
Source
6/13/2025
Sold
$1,950,000
-7.14%
MLS
4/26/2025
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5544-46 Mary Lane, San Diego, CA 92115 (MLS# 250025723) is a Single Family property that was sold at $1,950,000 on June 13, 2025. Want to learn more about 5544-46 Mary Lane? 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.

