5479 Imperial AVE new

San Diego,CA 92114

$ 1500000

8 Beds

4 Baths

2876 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $521

MLS Listing ID 25490411

Bedrooms 8

Year Built 1975

Lot Size 9,295 Sqft

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 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 Income producing property has 2 APN's 2-4 unit buildings on two separate APN's gated, must be sold together. This is an investor's dream: seller can submit plans to join the lots and build 18 units.

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning RM-3-7

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet,Laminate,Tile

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Door-Single,Garage,Gated

Pool None

Community Features Gated

Utilities Available Overhead Utilities

View Y/N No

View None

Building

Lot Description Rectangular Lot

Story 2

Foundation Slab

Sewer Other

Water Public

New Construction No

Schools

School District San Diego Unified

Others

Special Listing Condition Standard

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