5137 Bellvale Avenue

San Diego, CA 92117

$1,599,000
Price
5
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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!
  1. Listed by Lenska Bracknell • DRE #01507487 • Brokerage DRE #01507487 • LENSKA Realty

Property Details for 5137 Bellvale Avenue

Cross Streets
Lyric Ln
Source Living Area
Assessor
Area
Clairemont Mesa (CLM)
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
361-642-04-00

Location

Listing Courtesy of LENSKA Realty, Lenska Bracknell, DRE #01507487
Add your commute
LISTING UPDATED: 05/27/2024 09:36 PM

Property Details for 5137 Bellvale Avenue

StatusActive
MLS #240009210SD
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1992
Lot Size-
CountySan Diego County

Location

Listing Courtesy of LENSKA Realty, Lenska Bracknell, DRE #01507487
Add your commute

Building Information for 5137 Bellvale Avenue

Stories-Residences-Year Built1992Building Size-Lot Size-

Payment Calculator

$9,133 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,726

Property Taxes

$407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5137 Bellvale Avenue

Community / Development
Community / Development
  • Complex Name: Clairemont
  • Number Of Units: 2
  • Builders Tract Name: Clairemont
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 0
  • View: No
  • Security Features: None
  • Water: Meter on Property
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $70,000.00
  • Gross Scheduled Income: $94,800
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $18.00
  • Other Income1: $.00
  • Total Annual Expense: 6000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: Other
  • Cooling Type: Other
Exterior Features
Exterior Features
  • Pool: No
  • Spa: Yes
  • Roof: Composition
  • Fence: Full
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, VA
  • Tenant Pays: None
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $3,100.00
  • Unit Projected Rent: $3,400.00
  • Like Units: 1

Property History for 5137 Bellvale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5137 Bellvale Avenue

Taxable ValueLand$171,100Additions$229,357Total$400,457
Tax Record2021$4,881 ($407 / month)
Home Facts
Beds3Total Finished SqFt1,184 SqFtAbove Grade Finished SqFt1,184 SqFtLot Size5,700 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1962ZoningR-1:SINGLE FACountySAN DIEGOAPN361-642-04-00

Schools near 5137 Bellvale Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Sequoia Elementary School
PublicK to 6

Innovation Middle School
Public6 to 8

Madison High School
Public9 to 12

Mt. Everest Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5137 Bellvale Avenue is a multi-family home for sale in San Diego, CA 92117. This property was listed for sale on April 8, 2024 by LENSKA Realty, it's currently listed at $1,599,000. This listing's school district is San Diego Unified School District. Nearby schools include Sequoia Elementary School, Innovation Middle School and Madison High School. 5137 Bellvale Avenue is a 5-bed, 5-bath, multi-family home built in 1992.

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Listing Courtesy of LENSKA Realty, Lenska Bracknell, DRE #01507487

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