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$1,225,000
Est. payment /mo
5,000 Sqft Lot
Price Dropped by $73K
5398 Imperial Ave San Diego, CA 92114
UPDATED:
10/17/2024 03:15 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 240013819SD
HOA Y/N No
Year Built 1973
Lot Size 5,000 Sqft
Acres 0.1148
Property Description
Investment opportunity awaits. This nicely updated four-plex is located in the community of Valencia park in heart of central San Diego. This location offers easy access to freeways, mass transit, shopping and is just a 15 minute ride to downtown San Diego. The complex features four 2bd/1ba units. They are all occupied and income producing! Amenities include ; common area laundry facilities, individual storage units, and a common area courtyard. This property can be shown with an accepted offer or (LOI) Letter of intent. Annual Rent increases scheduled as of 2/1/25, Base increases to $92,616 (9%) RUBS increase scheduled for 10/1/24, $4,372 (8%)
Location
State CA
County San Diego
Area 92114 - Encanto
Building/Complex Name oooo
Zoning R-2:MINOR
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5482011200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Ralph Vagnone β’ Balboa Real Estate Inc