College Area Real Estate

College Area Real Estate

Welcome to the vibrant neighborhood of College Area in Talmadge/San Diego Central, CA. Known for its youthful energy and close-knit community, College Area is a fantastic place to call home.

Situated in San Diego County, College Area is a hub for students, families, and professionals alike. Home to San Diego State University, the neighborhood offers a dynamic mix of academic institutions, local businesses, and recreational opportunities. Residents can enjoy a diverse range of dining options, from trendy cafes to cozy eateries, as well as convenient access to shopping centers and entertainment venues.

With its tree-lined streets and charming homes, College Area exudes a welcoming atmosphere that appeals to residents of all ages. The neighborhood boasts a variety of housing options, including single-family homes, townhouses, and apartments, making it easy to find the perfect place to settle down.

In addition to its residential charm, College Area is known for its beautiful parks, community events, and cultural attractions. Whether you're exploring the local art scene, taking a leisurely stroll through the neighborhood, or enjoying a picnic in the park, there's always something exciting to do in College Area.

Experience the best of San Diego living in College Area, where community spirit and modern convenience come together to create a truly special place to call home.

Newest Listings in College Area

4626-4632 College Ave, Talmadge/San Diego Central
$1,175,000
PTP2608389 MLS ⋅ ACTIVE Status
**VALUE-ADD MIXED-USE INVESTMENT | FOUR DETACHED COTTAGES + COMMERCIAL KITCHEN + BILLBOARD INCOME!** Unique investment opportunity in San Diego's College Area, less than one mile from SDSU. Features four detached 1BR/1BA cottages, commercial kitchen with covered patio, income-producing billboard, individual metering, and three off-street parking spaces on a 4,233 SF lot. Offers renovation and rental upside with multiple income sources. Convenient access to SDSU Transit Center, Interstate 8, shopping, and dining. CC-3-10 zoning with potential Complete Communities FAR Tier 3 redevelopment opportunities, subject to City approval. Buyer to verify all information. **VALUE-ADD MIXED-USE INVESTMENT | FOUR DETACHED COTTAGES + COMMERCIAL KITCHEN + BILLBOARD INCOME!** Unique investment opportunity in San Diego's College Area, less than one mile from SDSU. Features four detached 1BR/1BA cottages, commercial kitchen with covered patio, income-producing billboard, individual metering, and three off-street parking spaces on a 4,233 SF lot. Offers renovation and rental upside with multiple income sources. Convenient access to SDSU Transit Center, Interstate 8, shopping, and dining. CC-3-10 zoning with potential Complete Communities FAR Tier 3 redevelopment opportunities, subject to City approval. Buyer to verify all information.

4626-4632 College Ave, Talmadge/San Diego Central
6235 Mary Lane Dr, Talmadge/San Diego Central
$1,495,000
7 Beds ⋅ 3 Baths ⋅ 260026971 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.
Whitewater Commercial Real Estate is pleased to present 6233–6235 Mary Lane, a 7-bedroom, 3-bath investment property located just half a mile from San Diego State University. Featuring updated interiors, off-street parking, and strong in-place rental income of $9,000 per month, the property offers an excellent opportunity in San Diego's high-demand student housing market. Situated on an approximately 6,000 SF lot with potential for future ADU development. Adjacent property also available for purchase.

6235 Mary Lane Dr, Talmadge/San Diego Central
6029 Mesita, Unit 3, Talmadge/San Diego Central
$1,950,000
260026854 MLS ⋅ ACTIVE Status
Opportunity Zone 2.0 development site in the College Area near SDSU. 13,239 SF corner lot (RM-2-5) with plans for nine market-rate homes, delivered Ready to Issue (RTI), anticipated January 2027. Census tract 29.04 becomes a Qualified Opportunity Zone on January 1, 2027. Owner available as fee developer. Buyers to run their own underwriting; OM available. Contact listing agent for the full plan set.

6029 Mesita, Unit 3, Talmadge/San Diego Central
4667 60th St, Talmadge/San Diego Central
$999,000
3 Beds ⋅ 2 Baths ⋅ 260026794 MLS ⋅ ACTIVE Status
READY TO BUILD! Approved plans for 5 additional units, steps from SDSU. Live in it or rent it AND build! This fully remodeled single-story 3 bed, 2 bath cottage was remodeled in 2021, and sits on a 7,450 sq ft lot within walking distance of SDSU, grocery stores, and restaurants. Plans for 5 additional units are already approved through San Diego’s ADU Bonus Program, so the design and permitting work is done and you can go straight to building. Inside you’ll find fresh paint, new flooring (done in 2026) and an opened-up kitchen. Outside there’s a deck, a big yard with room to build, and a long driveway leading to the detached garage. No HOA. With steady near-campus rental demand and transit nearby, this is a rare chance to own a turnkey home today with the upside already approved.

4667 60th St, Talmadge/San Diego Central
5545 Mary Lane Dr, Talmadge/San Diego Central
$2,100,000
10 Beds ⋅ 5 Baths ⋅ 260026770 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.
Two detached units on one lot in a prime location, just 1/3 mile from San Diego State University! Situated on a wide 6,400-square-foot lot, 5545-47 Mary Lane Drive is comprised of a 6 Bedroom/3 Bathroom front house and a 2019 construction, 4 Bedroom/2 Bathroom ADU in the rear. Both units feature modern finishes, private fenced yard & patio spaces, and dedicated on-site or in-unit laundry. The front residence has exclusive use of the long driveway with tandem parking for three vehicles. Additionally, each unit receives four street parking permits for a total of eight permits. Both units are leased through July 2027, generating a combined monthly income of $11,495, with professional third-party property management already in place. Historically, the property has secured leases 7–10 months in advance of each academic year, due to its highly desirable location, unit layouts and high-end finishes. The property is already being marketed for the 2027–2028 academic year at a projected 5.0% cap rate. This is an outstanding opportunity to acquire a well-established, income-producing student rental property, on a highly desirable street.

5545 Mary Lane Dr, Talmadge/San Diego Central
6468 Cleo St, Talmadge/San Diego Central
$799,000
3 Beds ⋅ 1 Baths ⋅ 260025700 MLS ⋅ ACTIVE Status
A fantastic opportunity in San Diego’s desirable College Area! This recently updated home offers comfortable living space on a large lot, combining move-in-ready appeal with exciting possibilities for the future. Enjoy beautiful canyon views and city skyline vistas while taking advantage of the fresh updates throughout, including new flooring, a refreshed kitchen and bathrooms, and updated landscaping that enhances the home’s curb appeal. A newly poured, oversized concrete pad provides a valuable head start for those looking to explore future expansion possibilities. Whether you're a family searching for a place to call home or an investor looking for your next opportunity, this property offers a unique blend of location, views, and potential.

6468 Cleo St, Talmadge/San Diego Central
4835-37 63rd St, Talmadge/San Diego Central
$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, Talmadge/San Diego Central
5103-05 Gary St, Talmadge/San Diego Central
$1,600,000
8 Beds ⋅ 4 Baths ⋅ 260025006 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.
6.15% CAP. 5103-05 Gary St is a fully renovated 2-Unit 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 next year rents at $12,080 per month a 6.15% Cap.

5103-05 Gary St, Talmadge/San Diego Central
6660 Reservoir, Talmadge/San Diego Central
$649,000
3 Beds ⋅ 2 Baths ⋅ 260024625 MLS ⋅ ACTIVE Status ⋅ Montezuma Townhomes BLDG.
Welcome home to this beautifully renovated townhome just minutes from San Diego State University! Offering an expansive 3-bedroom, 2-bath floor plan, this home combines modern style, comfort, and convenience in one of San Diego's most desirable locations. The heart of the home is the stunning gourmet kitchen, thoughtfully updated with designer finishes and ample space for cooking, entertaining, and creating lasting memories. The spacious living areas flow seamlessly to two private outdoor patios, providing the perfect setting for morning coffee, al fresco dining, or simply relaxing while enjoying peaceful canyon views. Whether you're hosting friends, working from home, or looking for room to grow, this home offers the versatility and lifestyle today's buyers are seeking. Ideally located near shopping, dining, parks, SDSU, and major freeways, you'll enjoy easy access to everything San Diego has to offer while coming home to your own private retreat. A rare opportunity to own a move-in-ready home with space, style, and views in an unbeatable location.

6660 Reservoir, Talmadge/San Diego Central
5067 Alumni Pl, Talmadge/San Diego Central
$999,999
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. Tenants pay all utilities 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, Talmadge/San Diego Central
5561 Baja Dr, Talmadge/San Diego Central
$985,000
4 Beds ⋅ 2 Baths ⋅ 260023583 MLS ⋅ ACTIVE Status
Excellent investment opportunity󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 near SDSU with beautiful, wide-open southern canyon views. Currently leased through July 2027 at $6,200/month, offering strong in-place cash flow from day one. Additional upside potential may exist through a future ADU. Professional property management is already in place and available to continue for the new owner if desired.

5561 Baja Dr, Talmadge/San Diego Central
5556 Baja Dr, Talmadge/San Diego Central
$965,000
3 Beds ⋅ 2 Baths ⋅ 260023289 MLS ⋅ ACTIVE Status
MOTIVATED SELLER!!! INCREDIBLE VALUE IN SAN DIEGO’S COLLEGE AREA! Thoughtfully designed and beautifully renovated, this move-in ready 3-bedroom, 2-bath home offers modern style, comfortable living and an easy-care lifestyle. Vaulted tongue-and-groove ceilings, an open-concept floor plan and abundant natural light through the dual-pane windows create a bright, spacious feel throughout the main living areas. The upgraded kitchen opens directly to the living space and features premium white oak skinny-shaker cabinetry, plenty of counter space and appliances included—perfect for entertaining, gathering and enjoying everyday life. The living area is highlighted by a mid-century inspired fireplace with statement tile, while recessed and accent lighting add warmth throughout the home. New luxury vinyl plank flooring, custom white oak entry built-ins with integrated LED lighting and elegantly remodeled bathrooms with designer tile complete the interior. New condenser for the AC. Outside, custom landscaping and low-maintenance synthetic turf make the yard attractive and easy to care for, giving you more time to enjoy your home and the San Diego lifestyle. Conveniently located in the College Area near SDSU, Good rated schools K - 12th. shopping, dining and major transportation routes. Beautifully updated, thoughtfully designed and ready for its new homeowner. Come experience 5556 Baja Drive.

5556 Baja Dr, Talmadge/San Diego Central
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,

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