smfj, home #1 might sell for $240,000. But in my view, it’s still, too much than the $1,200/mo rent an “investor” would get from a student.

Home #2 would never sell for anything close to $489,000. I don’t know what the owner is smoking. The developer is selling a 2-bed in the mid $300k.

http://www.villavicenza.com/

As as said before, this place is just a glorified rental apartment complex. The only redeeming thing is that there’re good-looking young and smart UCSD students walking around. 😉