$1,300,000
$200K PRICE DROP

Estimated payment $8,131/month

Total Views 5,952
8 Beds
4 Baths
2,876 Sq Ft
$452 Price per Sq Ft

Highlights

  • Automatic Gate
  • Contemporary Architecture
  • Corner Lot
  • Multi-Level Bedroom
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

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 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. This Income producing property has 2 APN's 2-4 unit buildings on two separate APN's gated, must be sold together. This is an investor's dream: seller can submit plans to join the lots and build 18 units.

Listing Agent

Edward Levy

Conservative Realty License #00947201 Listed on: 10/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 9,296 Sq Ft Lot
  • North Facing Home
  • Fenced Yard
  • Gated Home
  • Corner Lot
  • Rectangular Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Copper Plumbing

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas and Electric Range
  • Ceramic Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Multi-Level Bedroom
  • 4 Bathrooms
  • Low Flow Toliet
  • Bathtub

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 10 Open Parking Spaces
  • 1 Car Garage
  • Automatic Gate

Location

  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 548-203-31-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Conservative Financial Inc Association

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: Yes
  • Alley: No
  • Entry Location: Ground Level - no steps
  • Living Area: 2876
  • Lot Acreage: 0.2134
  • Probate: No
  • Stories: 2
  • Year Built: 1975
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 1
  • Number Disposal: 4
  • Flooring: Tile, Laminate, Carpet
  • Appliances: Gas/Electric Range, Oven-Gas
  • Bedrooms: 8
  • Bedroom Features: Primary Bedroom, Main Floor Primary Bedroom, Multi-Level Bedroom
  • Common Walls: Attached
  • Bathroom Features: Tile, Low Flow Toilet(s), Fiberglass Shower Enclosure, Tub Only
  • Kitchen Features: Formica Counters, Ceramic Counters, Remodeled
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 452.02
  • Windows: Double Pane Windows, Mini Blinds

Exterior Features

  • Direction Faces: North
  • Other Features: Full Copper Plumbing, Storm Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Gated, Garage - 1 Car
  • Total Parking: 10

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Water District: San Diego
  • Water Heater: Central Water Heater
  • Cooling: Wall Unit(s), Wall/Window, Ceiling Fan
  • Electric Expense: 1437.00
  • Heating: Wall
  • Security: Automatic Gate, Fire Rated Drywall, Gated, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector, Resident Manager
  • Sewer: In Street
  • Water: District, Water District
  • Water Expense: 3768.00
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Conservative Financial Inc
  • Mgmt Co 2: Conservative Financial Inc
  • Mgmt Co Phone: 3232166250|
  • Mgmt Co 2 Phone: 9098213816|

Fee Information

  • Insurance Expense: 1574.00
  • Maintenance Expense: 3500.00
  • Trash Expense: 4837.00

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 57.33
  • Assessed Improvement Value: 276862
  • Assessed Land Percent: 42.67
  • Assessed Land Value: 206033
  • Total Assessed Value: 482895
  • Assessor Parcel Number: 548-203-31-00
  • Lot Description: 2-4 Lots, Automatic Gate, Fenced Yard, Lot Shape-Rectangular, Sidewalks, Utilities - Overhead
  • Lot Location: City, Corner Lot
  • Lot Size Area: 9296

Rental Info

  • Total Actual Rent: 13649.00
  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Owner Pays: Water, Gardener
  • Rent Control: No
  • Tenant Pays: Gas, Cable TV, Electricity, Move In Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.69
  • Number Of Units: 4
  • Number Wall A C: 4
  • Type Of Units: 4 plex

Tax Info

  • Tax Expense: 5977.00

MLS Schools

  • School District: San Diego Unified High School District

Map

Range of Values:

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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 List to Sale Price per Sq Ft
12/09/2025 12/09/25 Price Changed $1,300,000 -13.3% $452 / Sq Ft
10/21/2025 10/21/25 For Sale $1,500,000 -- $522 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25-490411

The MLS

APN: 548-203-31-00