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$1,645,000
Est. payment /mo
9,025 Sqft Lot
UPDATED:
12/05/2024 02:32 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240027236SD
HOA Y/N No
Year Built 1972
Lot Size 9,025 Sqft
Property Description
Fantastic investment opportunity in Spring Valley! This updated fourplex has all units rented. Each unit has its own water meter! Bonus: The seller has plans approved with the city for two 1,200 sq ft ADUs. This presents a unique opportunity to increase both rental income and overall property value significantly. With the addition of these ADUs, you can expect to generate an estimated $8,600 in additional monthly revenue. Potential total monthly revenue of $18,900. This property not only promises immediate returns but also the potential for future growth, making it an exceptional choice for savvy investors looking to capitalize on the thriving rental market in Spring Valley.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Pool None
View Y/N No
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Water See Remarks
Level or Stories Two
Others
Senior Community No
Tax ID 5012492000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Katsiaryna Stsefaniak • HNM Realty