$ 1,155,000
5280 Groveland Drive San Diego, CA 92114
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$ 1,155,000
Est. payment /mo
Pending
5280 Groveland Drive San Diego, CA 92114
3 Beds
2 Baths
8,558 Sqft Lot
UPDATED:
11/05/2024 02:49 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PTP2405788
Bedrooms 3
HOA Y/N No
Lot Size 8,558 Sqft
Lot Dimensions 59' x 144' x 60
Property Description
This four-unit apartment building in the Valencia Park area of San Diego presents an excellent investment opportunity. The complex includes: Two 2-bedroom, 1-bath units One 3-bedroom, 1.5-bath unit One 1-bedroom, 1-bath unit Key features in this well-maintained property include ample off-street parking and a location proximate to shopping, schools, parks, freeways and trolley adding to convenience for tenants. Benefit from the ongoing neighborhood revitalization and new development projects, the area is experiencing positive growth, driving up demand and rental prices. This is a prime opportunity to invest in a changing market and capitalize on increasing property values. Significant upside in rents possible as tenants are long term.
This four-unit apartment building in the Valencia Park area of San Diego presents an excellent investment opportunity. The complex includes: Two 2-bedroom, 1-bath units One 3-bedroom, 1.5-bath unit One 1-bedroom, 1-bath unit Key features in this well-maintained property include ample off-street parking and a location proximate to shopping, schools, parks, freeways and trolley adding to convenience for tenants. Benefit from the ongoing neighborhood revitalization and new development projects, the area is experiencing positive growth, driving up demand and rental prices. This is a prime opportunity to invest in a changing market and capitalize on increasing property values. Significant upside in rents possible as tenants are long term.
This four-unit apartment building in the Valencia Park area of San Diego presents an excellent investment opportunity. The complex includes: Two 2-bedroom, 1-bath units One 3-bedroom, 1.5-bath unit One 1-bedroom, 1-bath unit Key features in this well-maintained property include ample off-street parking and a location proximate to shopping, schools, parks, freeways and trolley adding to convenience for tenants. Benefit from the ongoing neighborhood revitalization and new development projects, the area is experiencing positive growth, driving up demand and rental prices. This is a prime opportunity to invest in a changing market and capitalize on increasing property values. Significant upside in rents possible as tenants are long term.
Location
State CA
County San Diego
Area Encanto (92114)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $1,000
Listing Terms Cash, Conventional
Financing Conventional
Listed by Frank McLin • Heartland Real Estate