5280 Groveland Drive, San Diego, CA 92114
Property
Sold December 2024
Listing Agent: Frank McLin (DRE #00924501) · Listing Office: Heartland Real Estate · Contact: frank@heartlandre.com · Bought with: Jeffrey Hein · Premiere Real Estate · MLS #PTP2405788 · Source: CRMLS
About this property
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.
Listing description from the December 2024 sale, as reported to CRMLS.
Sale history