5415 Imperial Avenue, San Diego, CA 92114

About this property

BRING ALL OFFERS>. BEST CASH FLOWING PROPERTY ON MARKET. BRAND NEW RENOVATED UNITS. Incredible unit mix of 2-3br/1bt, 1-3br/1.5bt, and 1-2br/1bt. Completely remodeled with new tile and laminate flooring, windows, quartz counters, cabinets, and new secure gate. There is opportunity to create an on-site laundry for additional income. Strong cash flowing property with a unit mix that demands long-term tenancy. 5.90% cap rate and 11.69 GRM on current numbers. Neighborhoods: Valencia Park Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0

Listing description from the November 2017 sale, as reported to CRMLS.

Sale history

$1,050,000

Sold November 2017 · on market October 2017 · MLS #170052399 · Source: CRMLS

Listing Agent: Jordan Concepcion · Listing Office: Keller Williams Carmel Valley · Contact: 858-720-1900 · Bought with: Out of Area Agent · Out of Area Office

$605,000

Sold April 2017 · listed $610,000, on market December 2016 · MLS #160064685 · Source: CRMLS

Listing Agent: Pamela Macias · Listing Office: Valle De Oro Financial Service · Contact: 619-440-5000 · Bought with: Pamela Macias · Valle De Oro Financial Service

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