Property Detail

6407 Richard St

San Diego CA 92115

$2,995,000

Status: Active

Property Details

Description

TURN KEY 4-unit SDSU student rental property offered at a 5.9% CAP rate WITH MANAGEMENT in place! 6407-13 Richard St is comprised of (1) 5BR/3BA, (2) 4BR/2BA, and (1) 3BR/2BA - totalling 16beds/9baths and 4,410 sqft. Current management is very effective in negotiatinghigh rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with earlyrenewals so vacancy averages less than 2%. This new construction property is expected to generate $20,200/month starting August 2026 rented on a year lease to students

Map Location

Listing provided courtesy of Alexio Barbara of Bridgepoint Realty Inc. Last updated 2026-05-20 08:11:26.000000. Listing information © 2025 CRMLS.

Destiny Six Financial
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