This four-unit apartment building in the Valencia Park area of San Diego presents an excellent investment opportunity. The complexincludes: Two 2-bedroom, 1-bath units One 3-bedroom, 1.5-bath unit One 1-bedroom, 1-bath unit Key features in this well-maintainedproperty include ample parking and a location proximate to shopping, schools, parks, freeways and trolley… Read More adding to convenience fortenants. 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 twoseparate 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. Read Less
Listing Snapshot
Days Online
62
Last Updated
Beds
8
Square Ft.
2,876
Lot Size
0.17 Acres
Year Built
1972
MLS Number
26785091
Additional Details
Appliances & Equipment
Disposal, GasRange
Building
Built in 1972, Living area: 2876.0, 1 building, Building faces North, 2 stories, Levels: Two, Entry location: Ground Level - no steps
Community
Gated
Doors
StormDoors
Accessibility Features
None
Exterior Features
Patio/Porch Features: None
Fireplaces
None
Floors
Tile
Foundation
Slab
Heating
WallFurnace
Income
Gross Income: $89,544, Net Operating Income: $70,431
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
