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.
Property Details
Price:
$1,155,000
MLS #:
PTP2405788
Status:
Pending
Baths:
0
Address:
5280 Groveland Drive
Type:
Residential Income
Neighborhood:
92114encanto
City:
San Diego
Listed Date:
Sep 12, 2024
State:
CA
ZIP:
92114
Lot Size:
8,558 sqft / 0.20 acres (approx)
Year Built:
1972
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Urban
Garage Spaces
0.00
Lot Features
Lot 6500-9999, No Landscaping, Yard
Parking Spots
5.00
Pool Features
None
Sewer
Sewer Paid, Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address5280 Groveland Drive San Diego CA
- Area92114 – Encanto
- CitySan Diego
- CountySan Diego
- Zip Code92114
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Courtesy of Heartland Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5280 Groveland Drive
San Diego, CA
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