San Diego, CA 92114,5280 Groveland DR
San Diego, CA 92114,5280 Groveland DR
San Diego, CA 92114,5280 Groveland DR
47
$1,037,500
$1,155,000
10.2%
Est.Price: ?

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8,558 Sqft Lot

5280 Groveland DR San Diego, CA 92114

Est. payment /mo
SOLD DATE : 12/03/2024

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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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MLS Listing IDX PLUS
Listed by Frank McLin • Heartland Real Estate
Bought with Jeffrey Hein

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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