SoCal Realty & InvestmentsSoCal Realty & InvestmentsCall (760) 801-6550
← All homes
6239 Mary Lane Dr #411 / 16 · Click to zoom

About this home

Brand New $105,000 Price Reduction - Bring All Offers! Excellent investment opportunity in the heart of the College Area. 6239-41 Mary Lane is ideally located on one of the premier streets surrounding San Diego State University, just a short walk to campus, public transit, restaurants, and shopping. Historically operated as a successful student rental, the property has consistently benefited from strong demand and occupancy fueled by SDSU's growing off-campus housing market. The spacious floor plans are well-suited for student or roommate living and feature ample off-street parking on a large, level lot. Investors will appreciate the strong in-place income with additional upside through future renovations, operational improvements, and the potential to add ADUs (buyer to verify), as several neighboring properties have successfully expanded. Also available: The adjacent property at 6233 Mary Lane Dr may be purchased together or separately, providing a rare opportunity to acquire two neighboring investment properties in one of San Diego's strongest student rental markets.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$647,000 · Sep 2019
📋 Assessed value$1,071,000
💵 Annual tax$10,074
🏫 School districtSan Diego City Unified School District

MLS #260011630SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$8,113
Principal & interest$6,548
Property tax$1,187
Home insurance$378
Down payment: $259,000Loan: $1,036,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.