Properties

San Diego, CA 92115 6497 Montezuma Rd

6497 Montezuma Rd San Diego, CA - Image 16497 Montezuma Rd San Diego, CA - Image 26497 Montezuma Rd San Diego, CA - Image 3
18 more
6497 Montezuma Rd San Diego, CA - Image 46497 Montezuma Rd San Diego, CA - Image 56497 Montezuma Rd San Diego, CA - Image 66497 Montezuma Rd San Diego, CA - Image 76497 Montezuma Rd San Diego, CA - Image 86497 Montezuma Rd San Diego, CA - Image 96497 Montezuma Rd San Diego, CA - Image 106497 Montezuma Rd San Diego, CA - Image 116497 Montezuma Rd San Diego, CA - Image 126497 Montezuma Rd San Diego, CA - Image 136497 Montezuma Rd San Diego, CA - Image 146497 Montezuma Rd San Diego, CA - Image 156497 Montezuma Rd San Diego, CA - Image 166497 Montezuma Rd San Diego, CA - Image 176497 Montezuma Rd San Diego, CA - Image 186497 Montezuma Rd San Diego, CA - Image 196497 Montezuma Rd San Diego, CA - Image 206497 Montezuma Rd San Diego, CA - Image 216497 Montezuma Rd San Diego, CA - Image 22
Presented By: Daniel Sipher with Landmark Multifamily and Development;
  • MLS# 260007270SD
  • 03/27/2026
  • Get pre-approved
  • Request Tour
  • Request Info

Home Details

2-unit investment property in San Diego's College Area, offered with a master lease at $7,000/month covering both units. Steps from SDSU's 40,000+ student population, this is a turnkey opportunity in one of San Diego's highest-demand student housing submarkets. The main house delivers 4 beds/3 baths and the studio adds 1 bath โ€” 1,822 SF total on a 4,300 SF lot. Currently in process for RM-4-10 zoning, the site offers meaningful long-term redevelopment potential. Density bonus pathways โ€” including HAP 2.0 and 100% micro-unit programs โ€” provide significant upside for a buyer with a development horizon. Sustained enrollment at SDSU drives consistent rental demand, supporting both near-term cash flow and future student-oriented or multifamily housing development. Strong in-place cash flow with entitlement upside. All zoning, development potential, and unit counts to be verified by buyer.
Presented By: Daniel Sipher with Landmark Multifamily and Development;

Interior Features for 6497 Montezuma Rd

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 6497 Montezuma Rd

Cap Rate5.25
CitySan Diego
CoolingSee Remarks
CountySan Diego
DirectionsCrossStreet: Montezuma Rd & Catoctin Dr
HOA Fee$
LevelsTwo
MLS Area92115 - San Diego
Net Operating Income63000
Number Of Units Total2
PostalCitySAN DIEGO
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSan Diego
Tenant PaysSee Remarks
Virtual TourClick here
Year Built1984
ZoningRM-4-10

Exterior for 6497 Montezuma Rd

Lot Size SourceAssessor
Number of Buildings1
Park NameCollege Area
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,199,000
MLS#260007270SD
List Date 03/27/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 6497 Montezuma Rd

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.