Properties
San Diego, CA 92114 5479 Imperial Avenue
$1,300,000
9 more
Presented By: Edward Levy with Conservative Realty;
Beds • 8
Baths • 1
SQFT • 2,876
Garage • 1
Home Details
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 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. This Income producing property has 2 APN's 2-4 unit buildings on two separate APN's gated, must be sold together. This is an investor's dream: seller can submit plans to join the lots and build 18 units.
Presented By: Edward Levy with Conservative Realty;
Interior Features for 5479 Imperial Avenue
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesCommon Area
Total Stories2
Window FeaturesDouble Pane Windows
General for 5479 Imperial Avenue
AccessibilityNone
Additional Parcels Y/NYes
AppliancesDisposal, Gas Oven, Gas Range, Refrigerator
Buyer FinancingConventional, FHA, VA
CitySan Diego
Community FeaturesGated
CoolingWall/Window Unit(s)
CountySan Diego
DirectionsEast of the 805 fwy exit Imperial Ave 2-3 miles on the corner of 55th and Imperial, corner lot
Electric Expense1437
Entry LocationGround Level - no steps
Facing DirectionNorth
Full Baths
Gross Income85268
HOANo
HeatingWall Furnace
High School DistrictSan Diego Unified
Insurance Expense1574
Land Lease Y/NNo
LevelsTwo
Living Area2876
Lot Size Square Feet9296
Lot Size UnitsSquare Feet
MLS Area92114 - Encanto
MaintenanceExpense3500
Net Operating Income63273.76
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces10
Patio/Porch FeaturesNone
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySAN DIEGO
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesCarbon Monoxide Detector(s), Fire Detection System, Fire Rated Drywall, Security Gate, Gated Community, Resident Manager, Smoke Detector(s)
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Taxes$5,977
Tenant PaysCable TV, Electricity, Gas
Trash Expense4837
UtilitiesOverhead Utilities
ViewNone
Water Sewer Expense3768
Year Built1975
Year Built SourceEstimated
ZoningRM-3-7
Exterior for 5479 Imperial Avenue
Building Area Total2876
Door FeaturesStorm Door(s)
Foundation DetailsSlab
Lot FeaturesRectangular Lot
Lot Size Acres0.2134
Lot Size Area9296
Number of Buildings2
Parking FeaturesDoor-Single, Garage, Gated
Private PoolNo
SpaNo
Total Parking10
Water SourcePublic
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
Big Hollow Elementary School
