$1,225,000
5398 Imperial Ave San Diego, CA 92114
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$1,225,000
Est. payment /mo
8 Beds
4 Baths
916 SqFt
UPDATED:
10/17/2024 03:16 PM
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
HOA Y/N No
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%)
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
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,863
Listing Terms Cash, Conventional, Exchange
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Listed by Ralph Vagnone • Balboa Real Estate Inc