$1,275,000
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.
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Listed by Edward Levy with Conservative Realty (909) 469-6292
Property Type
Residential Income
Status
Active
MLS Number
25490411
Year Built
1975
Lot Size
9,296 sq ft