Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-in–ready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.
Listed by Matt Pivetti
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License #01395241
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Real Broker
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619-818-2610
Last updated November 13, 2025
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Source: CRMLS #NDP2510779
Listing Facts
TypeSingle-family
NeighborhoodCollege East
Bedrooms11
Bathrooms6
Days on Prevu7
Size2,989 sqft
Price per sqft$534
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/12/2025
Listed by Real Broker
$1,595,000
Property Details for 5091 Alumni Place
Association
Amenities
Community Features: Curbs, Gutter(s), Street Lights
Exterior
Construction
Stories Total: 3
Year Built: 1977
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Features
View: City Lights
Measurements
Lot Features: Steep Slope
Lot Size Acres: 0.17
Lot Size Area: 0
Lot Size Source: Public Records
Lot Size Square Feet: 7,405
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 4672501700
Interior
Features
Fireplace Features: Free Standing, Living Room, See Remarks
Fireplace: Yes
Interior Features: Bedroom On Main Level, Main Level Primary
Measurements
Living Area: 2,989
Living Area Source: Public Records
Living Area Units: Square Feet
Rooms
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 11
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Parking
Parking
Attached Garage: Yes
Garage Spaces: 2
Garage: Yes
Open Parking Spaces: 2
Parking Features: Door-Multi, Driveway, Garage
Parking Total: 4
Schools
High School
High School District: San Diego Unified
Utilities
Equipment
Laundry Features: In Garage
Sewer: Public Sewer
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.