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
Pending
$1,199,000
5026 Faber Way, San Diego, CA 92115
3beds
1,716sqft
Est.:
Single Family Residence
Built in 1958
-- sqft lot
$1,192,200 Zestimate®
$699/sqft
$-- HOA
What's special
Oversized lot
- 55 days
- on Zillow |
- 68 |
- 3 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 08:47am
Listed by:
Brandon Blum DRE #01437512 858-361-9427,
Brandon Blum
Source: SDMLS,MLS#: 250026130

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Other/Remarks
Primary bedroom
- Area: 216
- Dimensions: 18 x 12
Bedroom 2
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Area: 90
- Dimensions: 10 x 9
Dining room
- Area: 90
- Dimensions: 10 x 9
Family room
- Area: 357
- Dimensions: 21 x 17
Kitchen
- Area: 144
- Dimensions: 16 x 9
Living room
- Area: 260
- Dimensions: 20 x 13
Heating
- Other/Remarks, Natural Gas
Cooling
- Central Forced Air
Appliances
- Laundry: In Garage, Electric, Other Laundry Utilities (See Remarks)
Interior area
- Total structure area: 1,716
- Total interior livable area: 1,716 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage: Attached, Non-Garage: Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Partial
Lot
- Topography: Level
Details
- Parcel number: 4661110300
- Special conditions: Standard
- Other equipment: Other/Remarks
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 1958
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: College Knolls
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $699/sqft
- Tax assessed value: $117,073
- Annual tax amount: $1,387
- Date on market: 5/1/2025
- Listing agreement: Exclusive Right (R)
- Listing terms: Cash,Other/Remarks
- Ownership: Fee Simple
- Loading