NOT LISTED FOR SALE

5337 Groveland Dr Unit 1 San Diego, CA 92114

Valencia Park Neighborhood
8 Beds
6 Baths
3,340 Sq Ft
0.56 Acres

Last Sold March 27, 2015

Last sale price $470,000 $141 Per Sq Ft

14 Days on Market

Highlights

  • RV Access or Parking
  • Laundry Facilities
  • Gated Home
  • 0.56 Acre Lot

About This Home

As of March 2015

Great Investment Property. Nearly turn-key. Ideal property for long term income. 4 units consisting of 1-3BR/1.5BA, 2-2BR/1BA and 1-1BR/1BA floor plans. Property Includes large designated parking, patio area, storage rooms and laundry. Property is gated and secured. Projected income is $55,800 and Net Operating Income is projected at $39,800. These projected numbers compute to a Gross Rent Multiplier of 9.5 and a Capitalization rate of 7.5.

Last Agent to Sell the Property

Chuck Hoffman

Apartment Consultants Incorporated License #00524883 Listed on: 02/06/2015

Last Buyer's Agent

Hien Ho

USA Realty and Loans License #01729978

USA Realty and Loans

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.56 Acre Lot
  • Gated Home
  • Property is Fully Fenced

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

  • San Diego Unified School District Elementary School

Additional Features

  • 2-Story Property
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 548-201-06-01

Community Details

Overview

  • 4 Units
  • Laras Apartments Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 53rd Street
  • Neighborhood: Las Alturas
  • LP / Sq Ft: 161.06
  • Stories: 2 Story
  • Sale Price List Price: 0.89
  • Total Stories: 2
  • Year Built: 1973
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Water: Available

Condo/Co-op/Association

  • Complex Name: Laras Apartments
  • Community: SAN DIEGO
  • Complex Features: Laundry Facilities

Schools

  • Elementary School: San Diego Unified School District

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 548-201-06-01
  • Land Use Code: mult
  • Estimated Lot Sq Ft: 24390
  • Estimated Number of Acres: 0.5599

Multi Family

  • No. of Units: 4
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $470,000 -15.1% $141 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $553,900 -- $166 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Chuck Hoffman

    Apartment Consultants Incorporated

    (619) 787-9628

    5 Total Sales

    Chuck Hoffman
    Section Image

  • H

    Buyer's Agent in 2015

    Hien Ho

    USA Realty and Loans

    (858) 414-7879

    1 Total Sale

    Hien Ho
    Section Image
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Map

Source: San Diego MLS

MLS Number: 150006805

San Diego MLS

APN: 548-201-06-01

California San Diego County San Diego 92114 Valencia Park

5337 Groveland Dr Unit 1, San Diego, CA

This home is located at 5337 Groveland Dr Unit 1, San Diego, CA 92114 since 06 February 2015. This property was built in 1973. 5337 Groveland Dr Unit 1 is a home located in San Diego County with nearby schools including Horton Elementary School, Millennial Tech Middle School, and Lincoln High School.

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