3163 Bancroft

    Spring Valley, CA 91977
    • $1,745,800
    • STATUS: ACTIVE
    • ON SITE: 968 days
    • ID#: 160016079
    UPDATED: 53 min ago
    $1,745,800
    • 11
      BEDS
    • 0.47
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Well maintained apartment complex. Remodeled back in 2007 with new dual pane windows and new stucco all around. Tile flooring on 90 percent of units for easy turn around. Roof in great condition, plumbing in great condition. Concrete driveway all around. No maintenance needed Consistent long term tenants, very quiet and nice tenants. Easy Management and Rentals, and Very Low Actual Vacancy. Low maintenance cost, Ample parking plus common laundry with 5 washers and 5 dryers with built in coin changer and stamp machine. Lots of room for expansion and rent increases. This investment should provide a good cash flow or Wonderful development opportunity !!!! check with City to build additional up 15 units on this giant 28,000 SQ FT lot !! County is willing to work with you on your project !!! currently 11 units. Do not walk on property or disturb tenants.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/61092829

    3163 Bancroft Spring Valley, CA 91977

    • Price: $1,745,800
    • Status: ACTIVE
    • Updated: 53 min ago
    • ID#: 160016079
    11
    Beds
    10
    Baths
    0
    ½ Baths
    0.47
    Acres
    Neighborhood:
    Spring Valley (91977)
    County:
    San Diego
    Area:
    Spring Valley (91977)
    Property Description
    Well maintained apartment complex. Remodeled back in 2007 with new dual pane windows and new stucco all around. Tile flooring on 90 percent of units for easy turn around. Roof in great condition, plumbing in great condition. Concrete driveway all around. No maintenance needed Consistent long term tenants, very quiet and nice tenants. Easy Management and Rentals, and Very Low Actual Vacancy. Low maintenance cost, Ample parking plus common laundry with 5 washers and 5 dryers with built in coin changer and stamp machine. Lots of room for expansion and rent increases. This investment should provide a good cash flow or Wonderful development opportunity !!!! check with City to build additional up 15 units on this giant 28,000 SQ FT lot !! County is willing to work with you on your project !!! currently 11 units. Do not walk on property or disturb tenants.
    Interior Features

    Sq Ft Of Improvement 0

    Property Features

    Actual Gross Scheduled Income 126000 Actual Operating Expense 0 Actual Vacancy And Credit Loss 0 Assumable Finance 0 Gross Equity 0 Gross Multiplier 0 Have 11 Units Mandatory Remarks None Known Market Area East County Monthly Rent Total 10500 Motive Want Sell Out Other Income Actual 2250 Other Income Amount 2250 Other Income Source Pkfmrths Short Sale No Unit Number1 2 Unit Number10 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Number8 1 Unit Number9 1 Unit Rent Total1 1500 Unit Rent Total10 1275 Unit Rent Total2 1000 Unit Rent Total3 1200 Unit Rent Total4 830 Unit Rent Total5 1185 Unit Rent Total6 750 Unit Rent Total7 780 Unit Rent Total8 1130 Unit Rent Total9 950 Unit Rent1 750 Unit Rent10 1275 Unit Rent2 1000 Unit Rent3 1200 Unit Rent4 830 Unit Rent5 1185 Unit Rent6 750 Unit Rent7 780 Unit Rent8 1130 Unit Rent9 950

    Listing provided courtesy of Foster Hamilton Real Estate Co. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130