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Encanto Multifamily Home for Sale

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    $2,820,000

    • 14 Beds
    • 8 Baths
    • 1,880 Sq Ft

    5979 Harps Ct, San Diego, CA 92114

    Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong

    Matthew DeLine Keller Williams Realty

    5979 Harps Ct, San Diego, CA 92114

Why Live in Encanto

Encanto, a neighborhood in Southeast San Diego, exudes a casual, unfussy charm. Developed in 1907, it is the oldest of the eight neighborhoods in the Chollas Valley planning area. Encanto features gently rolling hills and a mix of well-maintained and less manicured lots. Housing options range from five-bedroom stucco homes built after 2010, mobile homes in the Summit Ridge gated community, to large Spanish-style and ranch-style homes from the 1960s. The San Diego Unified District serves the area, with schools like Encanto Elementary, Bell Middle, and Lincoln High receiving good ratings. Encanto Village on Imperial Avenue offers affordable housing, while the Black Arts & Culture District showcases vibrant street art and community events. The Martin Luther King Jr. Recreation Center and Park, George L. Stevens Senior Center, and Encanto Neighborhood Park provide recreational facilities, including playgrounds, a swimming pool, and a basketball court. Ringer’s Roller Rink is popular for family outings and adult skating nights. The commercial boulevard along Imperial Avenue features The Mental Bar, a Black-owned coffee and wellness shop, and eateries like The Caribbean Taste and Sammy's Mexican Bakery. Residents can shop at Imperial Food Supermarket and local boutiques. The $400,000 Streetscape Art Project has revitalized the area with murals and lamppost art. Encanto is bordered by California State Route 94, providing access to Downtown San Diego in 7 miles and the San Diego International Airport in 10 miles. The 62nd Street Station offers a direct trolley route to downtown.

Home Trends in Encanto, CA

Housing Trends

Median Sale Price
$750,000
Median Single Family Sale Price
$766,500
Median Townhouse Sale Price
$535,000
Median 2 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$553
Number of Homes for Sale
7
Last 12 months Home Sales
114
Months of Supply
0.70
Median List Price
$730,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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