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.
| MLS # | 25490411 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1975 |
| Days On Site | 376 |
| Listing Provided By | Conservative Realty | Edward Levy |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,876 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | RM-3-7 |
| Acreage | 0.21 |
| Property View | None |
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Window Features | Double Pane Windows |
| Appliances | Disposal, Gas Oven, Gas Range, Refrigerator |
| Fireplace Yes / No | No |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Fire Rated Drywall, Security Gate, Gated Community, Resident Manager, Smoke Detectors |
|---|---|
| Foundation Details | Slab |
| Lot Features | Rectangular Lot |
| Parking Features | Door Single, Garage, Gated |
|---|
| Utilities | Overhead Utilities |
|---|---|
| Sewer | Other |
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92114 |
| Area | 92114 Encanto |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92114 |
| Area | 92114 Encanto |