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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%)
Property Type(s):
Residential Income
| Last Updated | 10/17/2024 | Tract | Encanto |
|---|---|---|---|
| Year Built | 1973 | Community | Encanto |
| County | San Diego |
Price History
| Prior to Oct 17, '24 | $1,298,000 |
|---|---|
| Oct 17, '24 - Today | $1,225,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | Encanto |
| HOA DUES | 0 |
| LOT | 5000 sq ft |
| STORIES | 2 |
| SUBDIVISION | Encanto |
| ZONING | R-2:MINOR |
Location
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Listed with Balboa Real Estate Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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