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$1,599,000
5 bed
6 bath
0 Sqft

5137 39 Bellvale Ave, San Diego, California 92117

  • Residential Income Property Type
  • 15 Days Time on market
  • 1992 Year Built
Property Description

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.”

Basic Details
Residential Income
Buy
240009210SD
$1,599,000
5
6
0 Sqft
1992
Active
Click Here
Condos/Co-ops
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Features
: Seeremarks
0
$0
: Composition
Address
CA
San Diego
San Diego
92117
5137 39 Bellvale Ave
5137 39
0
E0° 0' 0''
N0° 0' 0''
Additional Information
15
0
: Multi/split
1
0 Sqft
0 Sqft
0 Sqft
0 Sqft
0 Sqft
1
0 Sqft
3616420400
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
27/04/2024 19:04:07
$1,675,000
Cash,Conventional,VA Loan
Clairemont Mesa Bld- Limerick south- Lyric- Bellvale CrossStreet: Lyric Ln
LENSKA Realty
Lenska Bracknell
SAND-4747
SAND-649841
$0
4
28
1
Clairemont
1
2
2
1
US-06073-N-3616420400-R-N
28/04/2024 02:08:40
Bellvale Ave
92117 - Clairemont Mesa
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