Property Description

PROPERTY CAN BE SOLD TOGETHER OR SEPARATELY FROM 6233 MARY LANE DR (the property next door) 6233 & 6241 Mary Lane present a rare opportunity to acquire two contiguous properties on one of the premier streets surrounding San Diego State University. Located within walking distance to campus, transit, and major retail amenities, the properties are ideally positioned to capitalize on the areas consistently strong student housing demand. Historically operated as successful student rentals, the properties have demonstrated strong occupancy and consistent demand driven by the growing SDSU off-campus housing market. The assets offer attractive in-place income with additional upside through continued unit upgrades, operational improvements, and potential ADU additions, as several neighboring properties on the street have already completed. With functional layouts suited for roommate living, large flat lots, and valuable off-street parking, the properties provide an ideal opportunity for investors seeking stable cash flow, value-add potential, or future expansion opportunities in the highly sought-after College Area submarket.

Property Features