$1,599,000
Active
14 Days Online
0 Beds0 Baths0 SQFT
Active

5137-39 Bellvale Ave San Diego, CA 92117

View all 44 Photos
Static map
Map
Virtual Tour

Variance granted 2-4 Units. Seize the Moment: Secure Your Financial Future Today! Strategically located property with two meticulously designed homes, ensuring high tenant satisfaction. Renovated front home from the 1960s and a modern ADU in the back offer contemporary living standards and privacy. Both units feature solar panels and artificial turf, minimizing operating costs. With the potential for tax-deferred exchanges and a hedge against inflation, this opportunity promises enduring wealth accumulation in the dynamic real estate market. Anybody can benefit: house-hackers, multi-gen living arrangements or share with your BFF! Prime Investment Opportunity: Strategically situated in a sought-after location, this property boasts not one, but two full-sized homes meticulously designed for optimal tenant satisfaction. With a nod to modernity, these units feature desirable floor plans and contemporary amenities, ensuring high occupancy rates and consistent cash flow. The front home, originally constructed in the 1960s, has been thoughtfully renovated to meet modern standards, while the back unit, permitted as an ADU in 2020, comes equipped with a state-of-the-art mini-split system. Adding to the allure of this investment, both units are outfitted with solar panels, offering substantial long-term savings on utility expenses. In anticipation of rising inflation, real estate stands as a stalwart hedge against economic uncertainty, making this property an even more compelling investment opportunity. Moreover, with the flexibility to cater to various living arrangements, from house-hackers to multi-generational occupants, and the potential for tax-deferred exchanges through the 1031 exchange program, this offering presents a gateway to enduring wealth accumulation. The property's solar panels and artificial turf result in lower operating costs, maximizing profitability. Seize the chance to capitalize on the promising returns this property promises in the ever-evolving real estate landscape."

  • Property TypeMulti-Family
  • NeighborhoodClairemont
  • CountySan Diego
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID Number240009210
  • Home Size Source N/A
  • Year Built1992
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 5137-39 Bellvale Ave San Diego, CA 92117

4 days ago
4 days ago
2 weeks ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Water District CITY OF SAN DIEGO
  • Terms CashConventionalVA
  • Stories Other/Remarks

Interior Features

  • Cooling Other/Remarks

Exterior Features

  • Water Meter on Property
  • Siding Stucco
  • Roof Composition

Community Features

  • Sales Restrictions N/K
  • Spa Yes
  • Age Restrictions N/K
  • Security Features N/K
  • Neighborhood Clairemont

Mortgage Calculator

Monthly Payment (Est.)

$8,588
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 5137-39 Bellvale Ave San Diego, CA 92117