5280 Groveland Drive
San Diego, CA 92114
- – beds
- – baths
- – sqft
- 8,558 sqft lot
- 1972 build
- – on site
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This four-unit apartment building in the Valencia Park area of San Diego presents an excellent investment opportunity. The complex includes: Two 2-bedroom, 1-bath units One 3-bedroom, 1.5-bath unit One 1-bedroom, 1-bath unit Key features in this well-maintained property include ample off-street parking and a location proximate to shopping, schools, parks, freeways and trolley adding to convenience for tenants. Benefit from the ongoing neighborhood revitalization and new development projects, the area is experiencing positive growth, driving up demand and rental prices. This is a prime opportunity to invest in a changing market and capitalize on increasing property values. Significant upside in rents possible as tenants are long term.
Listed By CRMLS_CA / Frank McLin / Heartland Real Estate / frank@heartlandre.com
Last checked:
Checking…
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Last updated Dec 4, 2024
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MLS# PTP2405788 —
The Building
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Year Built:1972
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3100.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Entry Location:Living Room
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Fireplace:No
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Laundry:Common Area
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Laundry:1
Location
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Directions:Euclid to East on Groveland to property.
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Latitude:32.70801600
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Longitude:-117.08153900
The Property
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Property Type:Residential Income
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Zoning:R-2:Minor Multiple
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Lot Features:Lot 6500-9999, No Landscaping, Yard
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Lot Size Area:8558.0000
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Lot Size Dimensions:59' x 144' x 60' x 144'
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Lot Size Acres:0.1965
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Lot Size SqFt:8558.00
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Lot Size Source:Assessor
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Lot Dimensions Source:Assessor
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Fence:No
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:Pm0062
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Tax Lot:08001
The Listing
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Special Listing Conditions:Trust
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Parcel Number:5480523900
Heating & Cooling
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Cooling:No
Utilities
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Sewer:Sewer Paid, Public Sewer
Appliances
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Included:No
The Community
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Neighborhood:Valencia
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Features:Curbs, Sidewalks, Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
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Parking Spaces:5.00
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Uncovered Spaces:5.00
Extra Units
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Average 1 Bed Area:500
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Average 2 Bed Area:750
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Average 3 Bed Area:1100
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Number With Drapes:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/3/24
Dec 3, 2024
|
Sold | CRMLS_CA | $1,037,500 | -10.2% |
11/4/24
Nov 4, 2024
|
Pending | CRMLS_CA | $1,155,000 | |
9/20/24
Sep 20, 2024
|
Listed / Active | CRMLS_CA | $1,155,000 |