Above $1 Million College Area Real Estate

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Discover homes for sale above $1 million, featuring spacious layouts and prime locations near San Diego State University, top-rated schools, and major freeways.

Browse All College Area CA Above $1M Properties for Sale

$1,549,000

8 Beds ⋅ 4 Baths ⋅ 260025453 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

This rare two-unit multi-family property offers an incredible opportunity for investors or owner-occupants. Each unit features 4 bedrooms and 2 bathrooms, providing spacious living for tenants or potential rental income. Perfectly located right next to San Diego State University, this property enjoys strong rental demand and consistent occupancy. Currently tenant-occupied with long-term leases, it offers immediate cash flow for the savvy investor. Both units boast functional layouts, full kitchens, and comfortable living spaces—ideal for students, faculty, or families. Don’t miss this chance to own a solid income-generating property in a high-demand San Diego location.

6266-68 Stewart St, San Diego

$1,750,000

8 Beds ⋅ 4 Baths ⋅ 260025004 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

4835-37 63rd St is a fully renovated, turnkey duplex in the College Area, minutes from SDSU. The property offers (2) 4Bed/2Bath units totaling approximately 3,058 SF on a 6,428 SF lot, set in 2 separate structures, including a 2-story rear ADU completed in 2024. Full renovations to both units limit near-term capital needs. The SDSU location drives steady demand from students, faculty and staff, and the four-bedroom layouts suit roommate leasing. A driveway provides ample parking, and tenants pay gas, electric and water. Current rents total $12,260 per month, and the property is offered at a 5.78% current cap rate.

4835-37 63rd St, San Diego

$1,600,000

8 Beds ⋅ 4 Baths ⋅ 260025006 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

5103-05 Gary St is a fully renovated duplex in the College Area, minutes from San Diego State University. The property offers (2) 4Bed/2Bath units totaling approximately 2,555 SF on a 7,900 SF lot, with 5103 featuring a two-story layout and private balcony. Built in 1955 and renovated top to bottom, the property limits near-term capital needs. A large backyard with a wood deck and turf adds usable outdoor space, and an oversized driveway provides ample parking. SDSU proximity drives consistent demand, and the four-bedroom floor plans suit roommate leasing. Current rents total $10,960 per month, a 5.63% current cap rate, with market rents estimated at $12,000 per month

5103-05 Gary St, San Diego

$1,039,000

3 Beds ⋅ 2 Baths ⋅ 260024990 MLS ⋅ ACTIVE Status

Nestled in the desirable College Area neighborhood of central San Diego, this beautifully maintained single-level home offers the perfect blend of timeless mid-century charm, modern comfort, and exceptional indoor-outdoor living. Situated on an expansive 6,600 SF lot, the property welcomes you with inviting curb appeal, fresh landscaping, and classic architectural character. Inside, natural light fills the spacious living room, where beautiful hardwood floors, oversized picture windows, and an inviting floor plan create a warm atmosphere. The living spaces flow into a dedicated dining room and a thoughtfully designed kitchen featuring rich wood cabinetry, granite countertops, stainless steel appliances, and a charming breakfast nook. The primary suite features a walk-in closet and private ensuite bathroom, while additional bedrooms offer flexibility for guests or a home office. Step outside to discover one of the property's greatest highlights: an expansive, fully fenced backyard offering endless possibilities for entertaining, gardening, relaxing, or creating your own private retreat. A detached two-car garage and extended driveway provide ample parking and additional storage. Ideally located in the heart of central San Diego close to San Diego State University, this home offers convenient access to restaurants, shopping, parks, and major freeways. With its generous lot size, functional single-level layout, tasteful updates, and exceptional location, this turnkey home offers a wonderful opportunity to enjoy the best of San Diego living.

6223 Mesita Dr, San Diego

$1,299,999

8 Beds ⋅ 4 Baths ⋅ 260024151 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

5067 Alumni Place󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 presents a rare opportunity to acquire a fully gut-remodeled 2-unit property with architectural plans to be submitted to city add two additional units with STREET ACCESS from both sides, collecting 10K/MONTH in place rents and with clear development upside. The existing improvements consist of two spacious units, each featuring 4 bedrooms and 2 bathrooms at approximately 1,500 square feet per unit (Total 8B/4B). Both units have been completely renovated, providing modern layouts, updated systems, and strong rental appeal. Plans call for the construction of a new two-story building featuring two additional units with a patio deck: a 4-bedroom, 2-bath unit of approximately 1,200 square feet and a 2-bedroom, 1-bath unit of approximately 600 square feet, with one unit on each level (Total 6B/3B). Strategically located in the College Area, directly adjacent to San Diego State University, the property sits in one of San Diego’s strongest and most consistent rental corridors. Proximity to campus, transit, and neighborhood amenities makes this an ideal asset for investors seeking stable cash flow today with the ability to significantly increase density and long-term value. This property offers rare both front and back street access to both levels and the proposed new 2 unit. Parking is abundant on Reservoir Dr and does not require a permit. Units are now occupied.

5067 Alumni Pl, San Diego

$1,389,000

6 Beds ⋅ 5 Baths ⋅ 260023147 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

5385 Brockbank Pl󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 is a two-unit property near San Diego State University, featuring a newly constructed ADU and a fully renovated main house on a massive 15,900 SF lot. The 5bed/4ba SFR underwent a full renovation, delivering a turnkey asset, and the 1bed/1ba ADU was built in 2025 alongside the updated main house. The property currently generates $7,085/month in rental income, with projected income of $8,500/month next year. A large driveway provides ample parking, a valuable bonus in an SDSU area where parking is often limited. With a mix of newly built and fully renovated product on an expansive lot, the property offers a rare combination of strong in-place cash flow and long-term upside, an appealing setup for investors and owner-users alike.

5385 Brockbank Pl, San Diego

$1,099,000

3 Beds ⋅ 2 Baths ⋅ 260022940 MLS ⋅ ACTIVE Status

Beautifully remodeled 3-bedroom,󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 2-bathroom home offering 1,130 square feet of thoughtfully updated living space. The bright, modern interior features stylish vinyl flooring, stainless steel appliances, and fresh finishes throughout. Outside, enjoy a spacious backyard with an outdoor fireplace—perfect for entertaining, relaxing, or creating your own private retreat. The detached two-car garage and generous lot may offer potential for an accessory dwelling unit (ADU), subject to buyer verification and approval by the appropriate authorities. Conveniently located in San Diego State Universityarea, this turnkey home is ready for its new owner.

6233 Stewart, San Diego

$1,299,999

4 Beds ⋅ 3 Baths ⋅ PTP2607082 MLS ⋅ ACTIVE Status

Perched just blocks from San Diego State University with sweeping views toward downtown and the surrounding hills, 4911 Campanile Dr is a fully remodeled 3-bedroom, 2-bathroom single-story home paired with a completely separate, fully remodeled 1-bedroom, 1-bathroom ADU a rare combination in this high-demand college corridor. Inside the main house, wide-plank wood-look flooring runs throughout an open, light-filled floor plan. The kitchen features quartz countertops, shaker-style cabinetry, a subway tile backsplash, and a stainless steel appliance package including a gas range. Both bathrooms have been tastefully updated with floating vanities, matte black fixtures, and tiled tub/shower surrounds, including a striking black hex-tile floor in the primary bath. Mirrored closet doors and recessed lighting complete the clean, move-in-ready finish. A sliding glass door off the living room opens to a low-maintenance backyard with turf, a wood privacy fence, and a patio seating area ideal for relaxing or entertaining. The home also includes a garage and solar panels on a low-cost lease, keeping energy costs down from day one. The detached ADU is finished to the same standard, with its own private entrance and patio, a full kitchen (stainless appliances, tile backsplash, quartz counters), a comfortable living/sleeping space with wood flooring, and a stylish bathroom with gold hardware accents and tile finishes. It's a turnkey option for rental income, a mortgage-helper, multigenerational living, or student housing all just minutes on foot from SDSU's campus. Location, updated fi Perched just blocks from San Diego State University with sweeping views toward downtown and the surrounding hills, 4911 Campanile Dr is a fully remodeled 3-bedroom, 2-bathroom single-story home paired with a completely separate, fully remodeled 1-bedroom, 1-bathroom ADU a rare combination in this high-demand college corridor. Inside the main house, wide-plank wood-look flooring runs throughout an open, light-filled floor plan. The kitchen features quartz countertops, shaker-style cabinetry, a subway tile backsplash, and a stainless steel appliance package including a gas range. Both bathrooms have been tastefully updated with floating vanities, matte black fixtures, and tiled tub/shower surrounds, including a striking black hex-tile floor in the primary bath. Mirrored closet doors and recessed lighting complete the clean, move-in-ready finish. A sliding glass door off the living room opens to a low-maintenance backyard with turf, a wood privacy fence, and a patio seating area ideal for relaxing or entertaining. The home also includes a garage and solar panels on a low-cost lease, keeping energy costs down from day one. The detached ADU is finished to the same standard, with its own private entrance and patio, a full kitchen (stainless appliances, tile backsplash, quartz counters), a comfortable living/sleeping space with wood flooring, and a stylish bathroom with gold hardware accents and tile finishes. It's a turnkey option for rental income, a mortgage-helper, multigenerational living, or student housing all just minutes on foot from SDSU's campus. Location, updated finishes throughout both units, and rare dual-living flexibility make this one of the strongest offerings near campus.

4911 Campanile Dr, San Diego

$1,095,000

4 Beds ⋅ 2 Baths ⋅ 260022725 MLS ⋅ ACTIVE Status

Seller will entertain offers between $1,075,000. - $1,095,000. This spacious 4-bedroom, 2-bathroom two-story home is perfectly positioned for maximum convenience. The layout offers excellent flexibility with 2 bedrooms downstairs, 2 upstairs, and ample vehicle accommodation via a 2-car garage plus a 2-car driveway. Don't miss out on this great home.

4807 Campanile Dr, San Diego

$1,295,000

7 Beds ⋅ 3 Baths ⋅ 260022579 MLS ⋅ ACTIVE Status

Brand New $105,000 Price Reduction – Bring All Offers! Excellent investment opportunity in the heart of the College Area. 6239-41 Mary Laneis 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 occupancyfueled 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.

6239 Mary Lane Dr, San Diego

$3,095,000

14 Beds ⋅ 8 Baths ⋅ 260022437 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

6% CAP rate WITH MANAGEMENT in place! TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. Extremely rare for properties this close to campus to become available for sale.

5505 Mary Lane Dr, San Diego

$1,349,999

5 Beds ⋅ 3 Baths ⋅ 260019976 MLS ⋅ ACTIVE Status

Nestled in a quiet cul de sac with one of the biggest lots on the block this centrally located smart home offers easy access to everything in San Diego while boasting over $100,000 in recent upgrades including PAID OFF SOLAR. This is the perfect opportunity to get into your forever home without breaking the bank! This truly 100% turnkey home also comes complete with a downstairs bedroom, Hollywood Hedge trees in the backyard for added privacy, a Tesla power wall, new flooring, tankless water heater, central AND portable AC, hot tub, power shades in the living room and downstairs master bedroom, and an extra freezer in the garage that will also convey. As well as a dedicated panic room in the upstairs master bedroom. Smart home features include ring security system which include cameras in the garage and front and back of the home, smart home facial recognition locks on the front door, myQ Smart Lock on the garage and front door, Alexa enable light switches and bulbs, Ecobee internet controlled thermostat, as well as washer and dryer plus pool and hot tub equipment which are all internet connected. Adding extra convenience to control them through the app.

5476 Maisel Way, San Diego

$1,350,000

6 Beds ⋅ 3 Baths ⋅ 260019718 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

4921-23 Gary St󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 is a brand-new construction duplex in the heart of the SDSU rental community, offering a rare turnkey investment opportunity. The property features a spacious 5BD/2BA unit alongside a 1BD/1BA unit, generating $8,340/month in combined rental income in one of San Diego's most consistently in-demand rental markets. Both units offer beautiful, brand-new interiors with zero deferred maintenance, giving new ownership immediate cash flow from day one. Driveway parking adds valuable convenience in a submarket where off-street parking is highly sought after. Ideally positioned near SDSU, transit, and neighborhood retail, this asset offers strong leasing velocity and long-term rental stability.

4921-23 Gary St, San Diego

$1,895,000

9 Beds ⋅ 4 Baths ⋅ 260018509 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

Turn Key 2021 Renovation/construction student rental property leased through August 1st 2027 for $12,900 per month at a 5.6% Cap rate WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 5bed/2ba, ADU in back is a 4bed/2ba. All market rate no deed restrictions! Prime location short walk to the SDSU campus and Aquaplex & fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. 3 off street parking spots plus 8 street parking permits (4 per address). In unit washer dryers

5270-72 Manhasset Dr, San Diego

$2,300,000

4 Beds ⋅ 2 Baths ⋅ 260017923 MLS ⋅ ACTIVE Status ⋅ Sdsu BLDG.

Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.

5023 63rd, San Diego

$4,200,000

14 Beds ⋅ 7 Baths ⋅ 260012515 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2,500 SF) leases at $11,600/month through 25/26, stepping up to $11,850/month for 26/27 — totaling $23,200/month currently, escalating to $23,650/month with no lease-up risk.

5602 & 5610 Dorothy Dr, San Diego

$1,895,000

10 Beds ⋅ 5 Baths ⋅ 260004275 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Turn Key student rental property with a rent guarantee through August 2027 for $13,000 per month at a 5.8% CAP RATE WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 6bed/3ba, ADU in front is a 4bed/2ba. Units share access to the pool and deck with views overlooking the canyon. All market rate no deed restrictions! Located a short drive to SDSU campus surrounded by high demand student rentals. This property usually rents many months in advance each year due to the beautiful finishes through out and the large pool with views - a unique amenity that students search for in SoCal. Units have in-unit washer dryers, full kitchens, private entrances, and ample street parking.

5191 Alumni Pl, San Diego

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Above $1 Million College Area Real Estate

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