5280 Groveland DR Pending

San Diego,CA 92114

$ 1155000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PTP2405788

Year Built 1972

Lot Size 8,559 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 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

Laundry Common Area

Exterior

Pool None

Community Features Curbs,Sidewalks,Urban

View Y/N No

Building

Lot Description No Landscaping,Yard

Story 2

Sewer Public Sewer,Sewer Tap Paid

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Trust

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