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5280 Groveland DR San Diego, CA 92114
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Key Details
Sold Price $1,037,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPTP2405788
Year Built 1972
Lot Size 8,558 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
Interior
Laundry Laundry Area
Exterior
Garage Spaces 5.0
Pool None
Building
Sewer Sewer Available
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Bought with Jeffrey Hein