San Diego, CA 92117 5137-39 Bellvale Ave

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Presented By: LENSKA Realty;
  • MLS# 240009210
  • 04/27/2024
  • Request Tour
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  • BedBeds • 5
  • BathFull/Half Baths • 5 / 1
  • FootageSQFT • 2,112
  • GarageGarage • 1

Home Details

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."
Presented By: LENSKA Realty;

Interior Features for 5137-39 Bellvale Ave

Bedrooms

Unit 1 # Bedrooms3
Unit 2 # Bedrooms2

Bathrooms

Unit 2 # of Full Baths2
Unit 1 # of Full Baths3
Unit 1 # Total Baths3
Unit 1 # of Half Baths
Unit 2 # Total Baths3
Unit 3 # Total Baths
Unit 4 # Total Baths

Other Interior Features

Unit 1 Estimated SqFt1184
Unit 2 Laundry Hook UpsYes
# of Units w/Dryers2
# of Units w/Fireplaces0
# of Units w/Garage1
# of Units w/Range/Oven2
# of Units w/Refrigerator2
# of Units w/Washers1
Unit 1 Laundry Hook UpsYes
Unit 2 Estimated SqFt928
Total Furnished Units
Units w/Cooling1
Units w/Dishwashers2

General for 5137-39 Bellvale Ave

CFD/Mello-Roos Fee0.0
Community Amenities CLAIREMONT
CoolingOther/Remarks
Days on Market10
HOA0.0
NeighborhoodClairemont
Other Fees0.0
RoofComposition
Sale/RentFor Sale
SecurityN/K
Senior Community Y/NYes
StoriesOther/Remarks
TermsCash, Conventional, VA
TopographyLevel
Total Units2
WaterMeter on Property
Year Built1992

Exterior for 5137-39 Bellvale Ave

# of Units w/Patios2
Complex/ParkClairemont
ExteriorStucco
FencingFull
Lot Size Area4, 000-7, 499 SF
Number of Buildings2
Parking Garage Unit 1Attached
Parking Garage Unit 2N/K
Unit 1 Exclusive Use YardYes
Unit 2 # of Half Baths1
Unit 2 Exclusive Use YardYes
Water DistrictCITY OF SAN DIEGO

Additional Details

Price History

1527188455

First Team Client Services

Price $1,599,000
MLS#240009210
List Date 04/27/2024
Property Type Multi-Family
Phone 714.964.3311
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