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
Property Details
Price:
$1,199,000
MLS #:
250026130SD
Status:
Active
Beds:
3
Baths:
2
Address:
5026 Faber Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Diego
Neighborhood:
92115sandiego
City:
San Diego
Listed Date:
May 1, 2025
State:
CA
Finished Sq Ft:
1,716
ZIP:
92115
Year Built:
1958
See this Listing
Thank you for visiting my website. I am Leanne Lager. I have been lucky enough to call north county my home for over 22 years now. Living in Carlsbad has allowed me to live the lifestyle of my dreams. I graduated CSUSM with a degree in Communications which has allowed me to utilize my passion for both working with people and real estate. I am motivated by connecting my clients with the lifestyle of their dreams. I joined Turner Real Estate based in beautiful downtown Carlsbad Village and found …
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Schools
Interior
Cooling
Central Air
Heating
Natural Gas, See Remarks
Exterior
Fencing
Partial
Garage Spaces
2.00
Parking Features
Driveway
Parking Spots
4.00
Pool Features
None
Roof
Composition
Stories Total
1
Financial
Map
Community
- Address5026 Faber Way San Diego CA
- Area92115 – San Diego
- SubdivisionSan Diego
- CitySan Diego
- CountySan Diego
- Zip Code92115
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Courtesy of Brandon Blum. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Leanne include the name of the listing broker. Neither the listing company nor Leanne shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 5026 Faber Way
San Diego, CA
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