5201-5211 Naranja Street is located in the growing community of Encanto, San Diego. This property is situated on a 16,561 square foot parcel and has an above average unit mix totaling 6,236 square feet. Out of 10 units, five (5) units are 2 bedroom 1 bathroom, four (4) units are 1 bedroom 1 bathroom and the final unit is a 3 bedroom 1.5 bathroom. This property is also considered rare in the sense that no two units share walls, allowing for higher rental rates and better tenant relationships. This property is situated in the opportunity zone for San Diego, allowing new ownership to come in and reap the benefits. This is a true value-add opportunity in a market full of overvalued product. Get your offers in quickly, this one won’t last on the market long! This property is being sold with the adjacent parcel 548-052-09.
Courtesy of Apartment Consultants, Inc., Anthony L Burman.
Last Updated: Source: Sandicor Regional MLS
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