Homes for sale - 3628 S Bonita St, Spring Valley, CA 91977

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,645,000

Est. payment - /mo

9,025 Sqft Lot

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UPDATED:

11/21/2024 03:53 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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

3628 S Bonita St Spring Valley, CA 91977