5398 Imperial Ave

San Diego, CA 92114

PRICE REDUCED

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-$73,000 (-5.62%)

$1,225,000

List Price

N/A

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straighten / sqft

1973

calendar_month Built

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%)

Listing Information

List Price $1,225,000
Status Active
MLS 240013819SD
HOA $0
Type Residential Income
Year Built 1973
Lot Size 5,000
Structure Size N/A
DOM 122
Courtesy Of Balboa Real Estate Inc
Listing Agent Ralph Vagnone DRE#01451938

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Ralph Vagnone, Balboa Real Estate Inc 619-823-2431. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 3:15 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.