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$1,150,000
Est. payment /mo
8 Beds
4 Baths
4,428 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Encanto
MLS Listing ID 260024929
Bedrooms 8
Full Baths 4
Year Built 1973
Lot Size 4,428 Sqft
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
Matthews is pleased to exclusively present a well-maintained 4-Unit property in Valencia Park. 5388 Imperial Ave is a four-unit multifamily property built in 1973 on a ±4,428 SF lot in the Valencia Park neighborhood of Southeast San Diego. The building spans ±3,290 gross square feet across a uniform unit mix of four 2-bedroom/1-bathroom units averaging ±800 SF each, giving the asset a consistent, easy-to-manage floor plan and a tenant base with similar space needs. The property also shares a coin operated common laundry room generating significant added income. Zoned RM-3-7 for multifamily residential use, the property sits on a fenced, gated lot with a private courtyard, 5 dedicated off-street parking for residents, and a stone-and-stucco exterior consistent with the surrounding streetscape. Its location places it within walking distance of Imperial Avenue retail and transit corridor, offering tenants convenient access to bus service and nearby daily amenities while remaining close to Downtown San Diego, National City, and the broader Southeast San Diego employment base. The combination of small, efficient units, low per-unit operating costs, and a below-market in-place rent roll positions the property as a straightforward value-add opportunity for a buyer looking to bring rents to the area's prevailing market levels over time.
Location
State CA
County San Diego
Area Metro Central
Zoning RM-3-7
Interior
Fireplace No
Exterior
Fence Gate
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 548-201-11-00
Acceptable Financing Other/Remarks
Listing Terms Other/Remarks
Special Listing Condition Other/Remarks
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Listed by Michael G Kasser, DRE#02105892 Daniel W. Withers
Nearby School & Business
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