5398 Imperial Ave Active

San Diego,CA 92114

$ 1225000

8 Beds

4 Baths

916 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 916 sqft

Price per Sqft $1,337

Subdivision Encanto

MLS Listing ID 240013819

Bedrooms 8

Full Baths 4

Year Built 1973

Lot Size 5,000 Sqft

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

Community Encanto

Area Encanto (92114)

Building/Complex Name oooo

Zoning R-2:MINOR

Exterior

Exterior Feature Brick,Stucco

Fence Partial

Community Features Laundry Facilities

Complex Features Laundry Facilities

Roof Type Composition

Building

Story 2

Others

Acceptable Financing Cash,Conventional,Exchange

Space Rent $1,863

Listing Terms Cash,Conventional,Exchange

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