$1,448,000 Price Analysis   ♡   Spring Valley, CA 91977 8 bed 6 bath 3,100 SqFt ($467/SqFt) 0.83 acre lot. Built 2002 Listed 2024-05-13, Taxes $11,624 | Ⓧ USDA Ineligible due to price & location near Spring Valley |
2059 Sweetwater Rd offers an investment opportunity featuring an established duplex with significant development potential.
Th e current property boasts two vast 4-bedroom, 3-bathroom townhom-style units, each spanning approximately 1, 500 square feet, situated on an expansive 36, 154 square foot lot. The current ownership is in the final stages of obtaining development permits to expand the property with three additional duplexes, mirroring the existing layout.
This presents an ideal scenario for investors looking to capitalize on a covered land play, generating income from the existing units while concurrently realizing the property's maximum potential through development.
Presented by Adam Cairo at
Starker West, Inc.
Property MLS #240010528 from SanDiegoMLS
Full Bathrooms: 6
Lot Size Acres: 0.83
Lot Size Square Feet: 36154
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 3
Full Bathrooms in Unit-1: 3
Full Bathrooms in Unit-2: 3
Unit-1 Square Feet: 1550
Unit-2 Square Feet: 1550
Unit 2 Total Actual Rent: 2200.0
County: San Diego
Cross Street: Sweetwater Rd
Directions: GPS
Source Property Type: 2-4 UNITS
Area: East County
Source Neighborhood: SV
Parcel Number: 578-012-77-00
Park Name: SV
Subdivision: SPRING VALLEY
Property Subtype: Res Income 2-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $754,052 + $161,871 $915,923 | $11,624 |
| 2022 | $739,267 + $158,698 $897,965 | $11,453 |
| 2021 | $724,772 + $155,587 $880,359 | $11,335 |
| 2020 | $717,341 + $153,992 $871,333 | $10,901 |
| 2019 | $703,276 + $150,973 $854,249 | $10,743 |
| 2018 | $311,462 + $66,862 $378,324 | $5,149 |
| 2017 | $305,355 + $65,551 $370,906 | $5,015 |
| 2016 | $299,368 + $64,266 $363,634 | $7,316 |
| 2015 | $294,872 + $63,301 $358,173 | $4,782 |
| 2014 | $289,096 + $62,062 $351,158 | $4,698 |
| 2013 | $287,790 + $61,782 $349,572 | $4,687 |
| 2012 | $282,148 + $60,571 $342,719 | $4,554 |
| 2010 | $276,616 + $59,384 $336,000 | $4,524 |
| 2009 | $283,519 + $60,867 $344,386 | $4,523 |
| 2009 | $282,847 + $60,722 $343,569 | $4,523 |
| 2008 | $277,960 + $59,674 $337,634 | $4,313 |
| 2007 | $272,510 + $58,504 $331,014 | $4,149 |
$1,448,000
SanDiegoMLS
Listed 2024-05-13
$1,450,000
SanDiegoMLS
Sold 2018-06-20
$837,500
SanDiegoMLS
Listed 2018-05-02
$895,000
SanDiegoMLS
Listing removed 2018-05-01
$895,000
SanDiegoMLS
Relisted 2018-04-26
$895,000
SanDiegoMLS
Listing removed 2018-04-22
$995,000
SanDiegoMLS
Relisted 2018-03-13
$995,000
SanDiegoMLS
Listing removed 2018-01-27
$1,199,000
SanDiegoMLS
Listed 2017-09-28
$1,199,000
SanDiegoMLS
Listing removed 2016-09-12
$1,099,000
SanDiegoMLS
Listed 2016-08-09
$1,099,000
SanDiegoMLS
Listing removed 2015-08-19
$2,095
Appfolio
Price Changed for rent 2015-08-18
$2,095
Appfolio
Listing removed 2015-08-14
$2,045
RentalRoost
Listed for rent 2015-08-04
$2,045
RentalRoost
Listing removed 2015-07-22
$2,045
RentalRoost
Listed for rent 2015-07-17
$2,045
Appfolio
Listed for rent 2015-07-17
$2,045
RentalRoost
Listing removed 2010-10-21
$220,000
SoCalMLS
Sold 2010-09-30
$336,000
Public Record
Listing removed 2010-09-21
$329,900
SanDiegoMLS
Price Changed 2010-09-03
$329,900
SanDiegoMLS
Price Changed 2010-07-20
$474,900
SanDiegoMLS
Listed 2010-05-17
$499,900
SanDiegoMLS
Listed 2009-11-16
$220,000
SoCalMLS
Sold 1999-03-05
$60,000
Public Record
Year Built: 2002
Building Exterior Type: Stucco
Entry Location: No
Levels: 2 Story
Property Age: 22
Roof: Composition
Levels or Stories: 2
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.