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4281 College AveSan Diego, CA 92115

For Sale

$1,045,000

Smart Buyer Rebate $10,450

INVESTOR’S DREAM | HIGH INCOME POTENTIAL | 6BR/5BA | $57K NOI Welcome to this expansive 6-bed, 5-bath home boasting 2,818 sq ft of flexible living space — currently generating $6,438/month in rental income + average $683/mo RUBS. Whether you're a seasoned investor or looking for your new home, this property offers both immediate cash flow and exciting upside potential. Multiple value-add opportunities, including ADU/JADU options, maximizing your rental income potential. Zoned RS-1-7. Inside, the layout is ideal for multigenerational living or shared housing, with spacious bedrooms, multiple ensuite baths, 2 laundry rooms, & one ensuite has a kitchenette. Some rooms have private entrances. Located in a desirable, high-demand rental area close to schools, shopping, and transit, this home is a rare find offering both size and scalability. Don’t miss your chance to own a truly versatile, income-producing property with room to grow.

Listed by Erin McLain

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License #01214290

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M2 Real Estate & Consulting

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619-885-3292

Last updated September 06, 2025

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Source: CRMLS #250032672SD

Listing Facts

  • TypeSingle-family
  • NeighborhoodRolando
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu64
  • Size2,818 sqft
  • Price per sqft$371

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

09/06/2025
Status changed to Active
$1,045,000
09/05/2025
Status changed to Removed from Feed
$1,045,000
08/27/2025
Status changed to Pending
$1,045,000
08/02/2025
Price Decreased
$1,045,000
07/06/2025
Listed by M2 Real Estate & Consulting
$1,095,000

Property Details for 4281 College Ave

Exterior

Construction

  • Roof: Composition
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1960

Features

  • Fencing: Partial

Measurements

  • Lot Size Source: Assessor

Financial

Taxes

  • Parcel Number: 4731320600

Interior

Features

  • Appliances: Dishwasher, Gas Range

Measurements

  • Living Area: 2,818
  • Living Area Source: Assessor

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6

Other

Location

  • Subdivision Name: San Diego

Parking

Parking

  • Open Parking Spaces: 3
  • Parking Features: Driveway, Other
  • Parking Total: 3

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

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.

Full MLS Disclaimers

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.