5337 Groveland Drive

San Diego,CA 92114

$ 989000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Hold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID 200039793

HOA Y/N No

Year Built 1973

Lot Size 0.286 Acres

Property Description

Cap rate over 6% with great tenants. Four units in one building, great opportunity to live in one unit and rent the others. Large, level lot of almost half an acre. Ample off-street, gated parking. Units consist of 2 downstairs (3BD/1.5BA, 1BD/1BA), and 2 upstairs (both 2BD/1BA). Includes community laundry, patio area and 4 storage rooms. No vacancy in over 3 years. This is a tucked away 4 unit on a large lot, off all busy streets. Easy access to all!

Location

State CA

County San Diego

Area 92114 - Encanto

Interior

Heating Gravity,Natural Gas,Wall Furnace

Cooling None

Exterior

Roof Type Composition

Building

Lot Description Level

Story 2

Level or Stories Two

Others

Senior Community No

Security Features Gated Community

Confidential INFO

BAC 2.0

TERMS Cash,Conventional,FHA,VA Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS PLEASE DO NOT WALK PROPERTY (tenants unaware of sale). See Marketing Packet attached before calling. Shown with offer [# Units w/Cooling]: 0 [# of Furnished Units]: 0 [# of Units w/Dryers]: 0 [# of Units w/Fireplaces]: 0 [# of Units w/Garage]: 0 [# of Units w/Washers]: 0 [Annual Expense Projected]: 13881 [CFD/Mello-Roos Fee]: 0 [Complex/Park]: Laras Apartments [Fencing]: Full [Gross Sched Income Proj.]: 80520 [Lot Size]: .25 to .5 AC [Mandatory Remarks]: None Known [Monthly Total Fees]: 0 [Pets]: Allowed w/Restrictions [Prkng Non-Garage Spac-U3]: 2 [Prkng Non-Garage Spac-U4]: 2 [Sentrilock]: No [Short Sale]: No [Sign on Property]: No [Unit 1 # of Half Baths]: 0 [Unit 1 Deposit]: 1990 [Unit 1 Estimated SqFt]: 555 [Unit 1 Exclusive Use Yard]: No [Unit 1 Laundry Hook Ups]: Common [Unit 1 Occupied]: Tenant [Unit 1 Projected Rent]: 1350 [Unit 2 # of Full Baths]: 1 [Unit 2 # of Half Baths]: 0 [Unit 2 Deposit]: 1450 [Unit 2 Estimated SqFt]: 1038 [Unit 2 Exclusive Use Yard]: No [Unit 2 Laundry Hook Ups]: Common [Unit 2 Occupied]: Tenant [Unit 2 Projected Rent]: 1900 [Unit 3 # of Full Baths]: 1 [Unit 3 # of Half Baths]: 0 [Unit 3 Deposit]: 1275 [Unit 3 Estimated SqFt]: 848 [Unit 3 Exclusive Use Yard]: No [Unit 3 Laundry Hook Ups]: Common [Unit 3 Occupied]: Tenant [Unit 3 Projected Rent]: 1700 [Unit 4 # of Full Baths]: 1 [Unit 4 # of Half Baths]: 0 [Unit 4 Deposit]: 1200 [Unit 4 Estimated SqFt]: 848 [Unit 4 Exclusive Use Yard]: No [Unit 4 Laundry Hook Ups]: Common [Unit 4 Occupied]: Tenant [Unit 4 Projected Rent]: 1700 [VT_ExtVTourURL3]: https://www.propertypanorama.com/instaview/snd/200039793., To access PEAD (Property Entry Advisory and Declaration) forms, which help you maintain compliance with CDC and DRE recommendations during the COVID-19 pandemic, click here: https://app.glide.com/integrations/mlsfeed?mls=crmls&listing_id=200039793

SHOW INSTRUCTIONS DO NOT WALK PROPERTY - TENANTS ARE UNAWARE OF SALE. Will be showing small groups with written offer.

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