$2,400,000 Price Analysis   ♡   Spring Valley, CA 91977 6 bed 5 bath 5,772 SqFt ($415/SqFt) 8,891SqFt lot. Built 1986 Listed 2024-05-30 | Ⓧ USDA Ineligible due to price & location near Spring Valley |
This exceptional building offers a blend of residential and commercial spaces
Making it a versatile investment for savvy buyers. H eres what youll find: Residential Units: 6 apartments provide steady rental income, all units ar leased and rents are low/room to increase revenue. Garages: 4 sizeable garages, perfect for tenant use or additional rental income. Parking: 14 parking spaces, ensuring ample room for residents and guests. Utility Room: Conveniently located for easy access and maintenance.
Service Bathrooms: 2 bathrooms available for service staff or public use. Laundry Room: Generates additional income, adding to the propertys revenue stream. Commercial Space: Includes a fully operational restaurant, enhancing the propertys commercial appeal. Recently installed new fence in the back lot, asphalt was recently redone about 2 years ago and one side of the building was reroofed about 1 year ago. Conveniently located close to public transportation and shopping centers. ADU POTENTIAL All reasonable offers will be considered. Dont miss out on this prime investment opportunity submit your offer today!
Presented by Bertha Llamas at
Coldwell Banker West.
Property MLS #PTP2403110 from CRMLS
Lot Size Acres: 0.2041093
Lot Size Source: Public Records
Lot Size Square Feet: 8891
Parking Total: 18
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
County: San Diego
Cap Rate: 3.60
Source Property Type: Residential Income
Insurance Expense: 6540.00
Area: 91977 - Spring Valley
Source Neighborhood: 91977 - Spring Valley
New Taxes Expense: 17000.00
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 2
Parcel Number: 5793651900
Trash Expense: 357.00
Zoning: COMMERCIAL
Source System Name: C2C
$2,400,000
CRMLS
Year Built: 1986
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 38
Property Attached: Yes
Building Total Stories: 2
Sewer: Sewer: Public Sewer, Water Sewer Expense: 341.00
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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.