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$1,688,000   Price Analysis
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8975 Lamar St
Spring Valley, CA 91977
13 bed 7 bath 5,016 SqFt ($336/SqFt)
0.45 acre lot. Built 2024
Listed 2024-08-01, Taxes $6,026
Ⓧ USDA Ineligible
due to price & location

near Spring Valley

4 separate homes all with their own privte yards.

2 homes are almost brand new, each with an attached 2 car garage. All h ave tons of extra parking. The homes that aren't new are remodeled and upgraded on the inside. All 4 homes are legal and permitted.

Future potential (maybe)= huge flat lot that fronts both Lamar and Marshall, add more units either as junior ADU (in garages) or add more homes, subdivide and sell each house separately, condo map and sell each house separately.


Presented by Clark Henry at
Pacific Preferred.


Property MLS #240017986 from SanDiegoMLS

Bedrooms: 13

Total Bathrooms: 7
Full Bathrooms: 7

4

Cooling Features: Central Forced Air

Fencing: Gate

Lot Description: .25 to .5 AC
Lot Size Acres: 0.45
Topography: Level
Lot Size Square Feet: 19535

Garage Spaces: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 4
Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 5
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 3
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 3
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 2
Unit-1 Square Feet: 1100
Unit-2 Square Feet: 1728
Unit-3 Square Feet: 1000
Unit-4 Square Feet: 1188
Unit 2 Total Actual Rent: 3995.0
Unit 3 Total Actual Rent: 3074.0
Unit 4 Total Actual Rent: 3404.0

Tenant Pays: Electricity

Source Listing Status: ACTIVE
County: San Diego
Cross Street: Marshall Ln
Directions: 2 houses on Lamar, 2 houses on Marshall Ln.
Source Property Type: 2-4 UNITS
Area: East County
Source Neighborhood: Spring Valley
Parcel Number: 503-273-27-00
Subdivision: SPRING VALLEY
Zoning: R-1:SINGLE
Property Subtype: Res Income 2-4 Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$211,468 + $156,941
$368,409
$6,026
2022$76,930 + $153,864
$230,794
$3,836
2021$75,422 + $150,848
$226,270
$3,813
2020$74,649 + $149,302
$223,951
$3,638
2019$73,186 + $146,375
$219,561
$3,582
2018$71,751 + $143,505
$215,256
$3,429
2017$70,345 + $140,692
$211,037
$3,303
2016$68,966 + $137,934
$206,900
$3,161
2015$67,931 + $135,863
$203,794
$3,131
2014$66,601 + $133,202
$199,803
$3,084
2013$66,300 + $132,600
$198,900
$3,078
2012$41,235 + $29,653
$70,888
$1,584
2010$40,427 + $29,072
$69,499
$1,555
2009$40,221 + $28,924
$69,145
$1,554
2009$40,125 + $28,855
$68,980
$1,554
2008$39,433 + $28,357
$67,790
$1,512
2007$38,660 + $27,801
$66,461
$1,457

Listing removed 2024-08-02
$0
SanDiegoMLS
Listed 2024-08-01
$1,688,000
SanDiegoMLS
Price Changed 2024-07-16
$1,699,000
SanDiegoMLS
Price Changed 2024-07-09
$1,731,000
SanDiegoMLS
Price Changed 2024-06-24
$1,776,000
SanDiegoMLS
Listed 2024-06-19
$1,799,000
SanDiegoMLS
Listing removed 2019-12-01
$0
AppfolioUnits
Listed for rent 2019-11-24
$2,200
AppfolioUnits

Total Square Feet Living: 5016
Year Built: 2024
Building Exterior Type: Wood/Stucco
Entry Location: No
Levels: 1 Story
New Construction: Yes
Roof: Composition
Levels or Stories: 1

Sewer: Sewer Connected

Bancroft Elementary School is a public elementary school located approximately 0.6 miles away.
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Spring Valley Middle School is a public elementary and middle school located approximately 1.3 miles away.
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Monte Vista High School is a public high school located approximately 1.9 miles away.
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Trinity Christian School is a private elementary and middle school located approximately 0.8 miles away.
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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.