$1,155,000
5280 Groveland DR San Diego, CA 92114
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$1,155,000
Est. payment /mo
8,559 Sqft Lot
Pending
5280 Groveland DR San Diego, CA 92114
UPDATED:
11/04/2024 11:17 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PTP2405788
HOA Y/N No
Year Built 1972
Lot Size 8,559 Sqft
Lot Dimensions Assessor
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.
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning R-2:Minor Multiple
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Sidewalks, Urban
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Lot Description No Landscaping, Yard
Story 2
Entry Level Two
Sewer Public Sewer, Sewer Tap Paid
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5480523900
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Trust
Listed by Frank McLin • Heartland Real Estate • frank@heartlandre.com
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