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Spring Valley, CA 91977 937 Grand Avenue

$1,750,000

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Presented By: Mike Aon with Realty Executives Dillon; mikeaon@cox.net
  • MLS# PTP2400934
  • 02/20/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 3,540

Home Details

Great 4 Unit investment property that qualifies for 30-year fixed financing! This income property is located at Spring Valley and offers, two units that are -3 bedroom/1 bath and two units that are -2 bedroom/1 bath. Units have been fully remodeled and great tenants in place! Laundry facility on site and 4 individual storage rooms can be extra income, Convenient Alley access with lots parking space for tenants to use as well! Shown w Accepted offer!
Presented By: Mike Aon with Realty Executives Dillon; mikeaon@cox.net

Interior Features for 937 Grand Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesOutside
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 937 Grand Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.5
Carport Spaces0.0
Carport Y/NNo
CitySpring Valley
Community FeaturesSuburban
CountySan Diego
Days on Market26
DirectionsGPS
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income123540.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet7181.0
MLS Area91977 - Spring Valley
MobileHomeRemainsYNNo
Net Operating Income89424.0
New ConstructionNo
Number of Units Leased4
Open Parking Spaces8.0
Operating Expense34116.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameGrand
Tax Lot0
Taxes$25,000
Total Units4
Trash Expense3600.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1973
Year Built SourceAssessor
ZoningCOMMERCIAL

Exterior for 937 Grand Avenue

Building Area Total3540.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.1649
Lot Size Area7181.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOffStreet, Unassigned
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,750,000
MLS#PTP2400934
List Date 02/20/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors