925 Grand Ave

    Spring Valley, CA 91977
    • $890,000
    • STATUS: PENDING
    • ON SITE: 65 days
    • ID#: 180051021
    Pending
    UPDATED: 45 min ago
    $890,000
    • 10
      BEDS
    • 0.17
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Great investment opportunity to own 4 plex in Spring Valley with upside potential for rent increase, Great mix of two 3 bedrooms, one bath and two 2 bedrooms, one bath, The two three bedrooms are fully remodeled with nice flooring and no carpet, Granite countertop in kitchen and widows are new popcorn ceiling has been removed, unit #4 will need remodeling and con go up to $1500 in rent, additional income could be achieved by adding washer and dryer, 4 storages can also be rented separately. 919 Grand

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    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/87403057

    925 Grand Ave Spring Valley, CA 91977

    • Price: $890,000
    • Status: PENDING
    • Updated: 45 min ago
    • ID#: 180051021
    10
    Beds
    4
    Baths
    0
    ½ Baths
    0.17
    Acres
    1973
    Built
    Neighborhood:
    Spring Valley
    County:
    San Diego
    Area:
    Spring Valley (91977)
    Property Description
    Great investment opportunity to own 4 plex in Spring Valley with upside potential for rent increase, Great mix of two 3 bedrooms, one bath and two 2 bedrooms, one bath, The two three bedrooms are fully remodeled with nice flooring and no carpet, Granite countertop in kitchen and widows are new popcorn ceiling has been removed, unit #4 will need remodeling and con go up to $1500 in rent, additional income could be achieved by adding washer and dryer, 4 storages can also be rented separately. 919 Grand
    Exterior Features

    Exterior Stucco Fencing Other/Remarks Frontage N/K Irrigation N/K Parking For RV Enclosed Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 Assigned Pool N/K Pool Heat None Known Roof Other/Remarks Site N/K Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment N/K Heat Source Other/Remarks Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 8 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 7700 Annual Expense Projected 9790 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Spring Valley Complex Features Laundry Facilities Complex Park 0 Cross Streets Jamacha Gross Rent Multiplier Actual 12.79 Gross Rent Multiplier Project 11.59 Gross Scheduled Income Actual 69600 Gross Scheduled Income Project 76800 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area East County Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0 Other Income Actual 2400 Possession Other/Remarks Projected Cap Rate 9 Projected Other Income 2400 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Other/Remarks Tenant Pays Cable TvElectricity Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Deposit 1600 Unit1 Occupied Tenant Unit1 Projected Rent 1750 Unit1 Rent Actual 1600 Unit2 Deposit 1200 Unit2 Occupied Tenant Unit2 Projected Rent 1450 Unit2 Rent Actual 1350 Unit3 Deposit 1600 Unit3 Occupied Tenant Unit3 Projected Rent 1750 Unit3 Rent Actual 1650 Unit4 Deposit 900 Unit4 Occupied Tenant Unit4 Projected Rent 1450 Unit4 Rent Actual 1200 Water Meter On Property Zoning Commercial

    Listing provided courtesy of San Diego Zad, Inc.. 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