5137-39 Bellvale Avenue
5137-39 Bellvale Avenue
$1,599,000
5
6
2,112
2,112
$757
Virtual Tour
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! 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."
- Listed by Lenska M Bracknell • DRE #01507487 • LENSKA Realty
Property Details for 5137-39 Bellvale Avenue
Area
Clairemont Mesa (92117)
NeighborhoodClairemont
CommunityCLAIREMONT
City Postal IDCLAIREMONT MESA (92117)
Cross Street(s)Lyric Ln
Location
LISTING UPDATED: 05/07/2024 05:06 PM
Property Details for 5137-39 Bellvale Avenue
Status | Active |
---|---|
MLS # | 240009210 |
Days on Market | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1992 |
Lot Size | - |
County | San Diego County |
Location
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Building Information for 5137-39 Bellvale Avenue
Stories-Residences-Year Built1992Building Size-Lot Size-
Payment Calculator
$8,726 per month
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Property Information for 5137-39 Bellvale Avenue
Property History for 5137-39 Bellvale Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5137-39 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 |
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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.
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