5545 Hardy Ave
San Diego, CA 92115
The Delta Upsilon Fraternity House · Multifamily Property For Sale · 5 Units

We are pleased to present the recently completed Delta Upsilon Fraternity House situated adjacent to the campus of San Diego State University. The 3-story building consists of 5 units with approximately 31 beds and approximately 10,400 rentable square feet situated on a 6,874 Sq Ft lot with primary access along Hardy Avenue on the northern property line. The existing unit mix consists of (3) 4 Bed / 2 Bath Units and (2) 2 Bed / 2 Bath units. The improvements are of wood frame construction and were completed in October 2017. The property has 13 parking spaces in a secure garage as well as an elevator and balconies. The interiors have modern design and amenities. Common areas feature a large study/chapter room, restroom facilities, laundry and an additional kitchen. The units are separately metered for all utilities and there is existing utility income from the residents. There are 5 tankless gas water heaters and 6 gas and electric meters. The subject is located along Fraternity Row, in the southwest section of San Diego State University. SDSU is a public research university in San Diego, California, and is the largest and oldest higher education institution in San Diego County. Founded in 1897, it is the third-oldest university in the 23- member California State University. SDSU has a Fall 2019 student body of 34,828 and an alumni base of more than 400,000. The Carnegie Foundation has designated San Diego State University a "Doctoral University" with "Higher Research Activity". In the 2015–16 fiscal year, the university obtained $130 million in public and private funding a total of 707 awards. As reported by the Faculty Scholarly Productivity Index released by the Academic Analytics organization of Stony Brook, New York, SDSU is the number one small research university in the United States for four academic years in a row. SDSU sponsors the second highest number of Fulbright Scholars in the State of California, just behind UC Berkeley. Since 2005, the university has produced over 65 Fulbright student scholars. The university generates over $2.4 billion annually for the San Diego economy, while 60 percent of SDSU graduates remain in San Diego, making SDSU a primary educator of the region's work force. Committed to serving the diverse San Diego region, SDSU ranks among the top ten universities nationwide in terms of ethnic and racial diversity among its student body, as well as the number of bachelor's degrees conferred upon minority students. San Diego State University is a member of the Western Association of Schools and Colleges (WASC), the American Association of State Colleges and Universities, the National Association of State Universities and Land-Grant Colleges, and the Southwest Border Security Consortium.