Spring Valley, CA 91977,Address not disclosed

$417,000

Est. payment /mo

$450,000

7.3%
Est.Price: ?

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Address not disclosed Spring Valley, CA 91977

6,969 Sqft Lot

SOLD DATE : 08/17/2012

Key Details

Sold Price $417,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 120015256

Sold Date 08/17/12

HOA Y/N No

Lot Size 6,969 Sqft

Acres 0.16

Property Description

SIX UNIT APARTMENT OFFERING!!! This multifamily building is 3,416 square feet and is situated on lot of 6,970 square feet. The unit mix is comprised of six, one bedroom and one bathroom units and are approximately 568 square feet per unit. This is an ideal project for a value add investor as this property is destabilized and current rents are below market values. The one vacant unit requires renovations and currently has an exposed core and shell. The property is fully enclosed with a wrought iron gate and also features alley access. In addition, the apartments are conveniently located nearby laundry facilities, gas stations, liquor stores, restaurants and neighborhood markets. This property is an attractive opportunity for a value added investor! Opportunities like this rarely come available in Spring Valley!

Location

State CA

County San Diego

Area 91977 - Spring Valley

Interior

Fireplace No

Exterior

Total Parking Spaces 10

Building

Story 2

Others

Tax ID 5842804200

Financing Cash to New Loan

Special Listing Condition Short Sale

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California Regional MLS (CRMLS)
Listed by Jason Lipovsky • Venture Pacific Properties
Bought with Jason Lipovsky • Venture Pacific Properties

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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