$1,599,000

5137 39 Bellvale Ave, San Diego 92117

5

Beds

6

Baths

2

# Of Units

Listing Agent
Lenska Bracknell - LENSKA Realty

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."

Facts & Features

MLS® # 240009210SD
Price $1,599,000
Bedrooms 5
Bathrooms 6.00
Year Built 1992
Type Residential Income
Status Active
# Of Units 2

Community Information

Address 5137 39 Bellvale Ave
Area 92117 - Clairemont Mesa
Subdivision Clairemont
City San Diego
County San Diego
Zip Code 92117

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling See Remarks
Has Basement No
Fireplace No
Stories Multi/Split

Exterior

Roof Composition

Additional Information

Date Listed April 9th, 2024
Days on Market 15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLenska Bracknell
OfficeLENSKA Realty

Listing Map

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