San Diego, CA 92114,5280 Groveland Drive
San Diego, CA 92114,5280 Groveland Drive
San Diego, CA 92114,5280 Groveland Drive
San Diego, CA 92114,5280 Groveland Drive
San Diego, CA 92114,5280 Groveland Drive
San Diego, CA 92114,5280 Groveland Drive
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$1,037,500

$1,155,000

10.2%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

8,558 Sqft Lot


SOLD DATE : 12/03/2024

Key Details

Sold Price $1,037,500

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2405788

Sold Date 12/03/24

Bedrooms 3

HOA Y/N No

Lot Size 8,558 Sqft

Lot Dimensions 59' x 144' x 60

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.
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 Encanto (92114)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,000

Listing Terms Cash, Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Frank McLin • Heartland Real Estate
Bought with Jeffrey Hein • Premiere Real Estate
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+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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