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Spring Valley,CA 91977
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2500615
HOA Y/N No
Year Built 1965
Lot Size 10,219 Sqft
Property Description
Prime Investment Opportunity, this investment opportunity presents a compelling prospect in the thriving East County Market. The well-maintained remarkable income producing property presents an excellent income generating opportunity. Ideal property for 1031 tax deferred investors looking for a relinquished or replacement property under a forward or reverse exchange scenario. Call us today for additional information. We are proud to introduce this prime investment opportunity in Spring Valley, San Diego County! This 10- unit rental property offers a robust income. A fully gated and leased 10-unit condo style apartment building. Desirable unit mix with larger 8 (2 bed / 1.5 Baths and two extra-large (1 bed / 1 bath, all 10 units have recent interior improvements, The complex offers investors the opportunity to purchase a pride of ownership well-maintained property with tremendous upside in San Diego's most desirable and affordable neighborhood. Investors can purchase the asset, decrease expenses through increased rents and create a well cash-flow asset in one of San Diego best performing markets. This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area. There is a laundry room currently not in use that could yield additional income, this asset represents a unique offering with immediate value-added upside. With its strategic location and solid cash return. This investment opportunity presents a compelling prospect in the thriving Spring Valley Market.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Zoning Commercial
Interior
Fireplace No
Appliance Gas Cooking,Disposal,Gas Oven,Gas Range,Refrigerator,Dryer,Washer
Laundry Common Area,Outside
Exterior
Pool None
Community Features Suburban
View Y/N No
Accessibility Parking,Accessible Approach with Ramp
Private Pool No
Building
Lot Description 0-1 Unit/Acre,Street Level,Yard
Story 2
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 5843605500
Acceptable Financing Cash,Conventional,1031 Exchange,Owner May Carry,Private Financing Available,Submit
Listing Terms Cash,Conventional,1031 Exchange,Owner May Carry,Private Financing Available,Submit
Special Listing Condition Standard