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Key Details
Sold Price $1,387,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $1,321
Subdivision Spring Valley
MLS Listing ID 220015406
Sold Date 10/03/22
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1965
Property Description
BEST CASHFLOW ON THE MARKET! Four turnkey spacious townhome style units. Units are huge, 1050 SF 2BR 1BA units, each with their own private patio. Laundry facilities on site, as well as ample surface parking with 8 spots. Property is being sold alongside 412 Grand Ave (MLS ID: 220015407) - carbon copy property on adjoining lot. Tenants pay 100% of all utilities through RUBS, and with strong rents this property yields tremendous cashflow. Units are all well maintained with many upgrades, such as vinyl flooring in all. Pride of ownership property that has been kept in meticulous condition. Sprucing and freshening up of units will lead to peak market rents. Lastly, large lots allow for ADU additions.
Location
State CA
County San Diego
Community Spring Valley
Area Spring Valley (91977)
Building/Complex Name Spring Valley
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $1,831
Listing Terms Cash, Conventional, Exchange, FHA, VA
Financing Conventional
Special Listing Condition Call Agent
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Florian P Sighe • The Browar Group