Listing ID: 220027717
Price: $1,375,000
Status: ACTIVE
Address: 735 Grand Ave
City: Spring Valley
State: California
Postal Code: 91977
SqFt: 6,720
County: San Diego
Spring Valley
CA
91977
4 units, each one is a 2 bedroom 2 bath with laundry, patio and plenty of parking. Centrally located to public transportation, shopping, school's and much more. Units remodeled. Excellent rents. Fantastic opportunity for passive income.
Primary Features
County:
San Diego
Property Type:
2-4 Units
Year Built:
1980
Interior
Cooling:
Wall/Window
Heat Equipment:
Forced Air Unit
Heat Source:
Natural Gas
Levels:
1 Story
Total Stories:
1
Unit 1 Estimated SqFt:
836
Unit 1 Laundry Hook Ups:
Yes
Unit 1 Number of Bedrooms:
2
Unit 1 Number of Full Baths:
2
Unit 1 Number Total Baths:
2
Unit 2 Estimated SqFt:
836
Unit 2 Laundry Hook Ups:
Yes
Unit 2 Number of Bedrooms:
2
Unit 2 Number of Full Baths:
2
Unit 2 Number Total Baths:
2
Unit 3 Estimated SqFt:
836
Unit 3 Laundry Hook Ups:
Yes
Unit 3 Number Bedrooms:
2
Unit 3 Number of Full Baths:
2
Unit 3 Number Total Baths:
2
Unit 4 Estimated SqFt:
836
Unit 4 Laundry Hook Ups:
Yes
Unit 4 Number of Bedrooms:
2
Unit 4 Number of Full Baths:
2
Unit 4 Number Total Baths:
2
Unit Number for Unit 1:
101
Unit Number for Unit 2:
102
Unit Number for Unit 3:
103
Unit Number for Unit 4:
104
External
Complex Features:
N/K
Entry Only:
no
Exterior:
Wood/Stucco
Fencing:
N/K
Frontage:
N/K
Irrigation:
N/K
Lot Size:
4,000-7,499 SF
Neighborhood:
Colony Of La Presa
Number of Buildings:
1
Number of Units:
4
Number of Units w/Dryers:
4
Number of Units w/Patios:
4
Number of Units w/Range/Oven:
4
Number of Units w/Refrigerator:
4
Number of Units w/Washers:
4
Number Units w/Cooling:
4
Parking for RV:
On-Site Parking
Parking Garage Unit 1:
N/K
Parking Garage Unit 2:
N/K
Parking Garage Unit 3:
N/K
Parking Garage Unit 4:
N/K
Parking Non-Garage Unit 1:
Detached
Parking Non-Garage Unit 2:
Detached
Parking Non-Garage Unit 3:
Detached
Parking Non-Garage Unit 4:
Detached
Pool:
N/K
Pool Heat:
None Known
Roof:
Composition
Sewer/Septic:
Sewer Connected
Site:
Public Street, Sidewalks, Street Paved
Spa:
N/K
Spa Heat:
None Known
Water:
Meter on Property
Water Heater Type:
Gas
Location
Community:
SPRING VALLEY
Complex/Park:
Grand Gardens
Country:
United States
Market Area:
East County
Topography:
Level
View:
Other/Remarks
Zip/Area:
SPRING VALLEY (91977)
Additional
Additional Property Use:
N/K
Miscellaneous:
N/K
Property Type:
2-4 UNITS
Telecommunications:
Other/Remarks
Financial
Age Restrictions:
N/K
Annual Expense Actual:
6300
Annual Expense Projected:
6300
Cap Rate Actual:
8
Cap Rate Projected:
8
Gross Rent Multiplier Act:
13.05
Gross Rent Multiplier Projected:
13.05
Gross Scheduled Income Actual:
105360
Gross Scheduled Income Projected:
105360
Home Owners Fee Includes:
N/K
Net Operating Income Projected:
6300
Other Fee Type:
N/K
Possession:
Close of Escrow
Sale/Rent:
For Sale
Sales Restrictions:
N/K
Short Sale:
no
Tenant Pays:
Sewer, Trash, Water, Electricity, Gas/Propane, Hot Water
Terms:
Cash, Conventional, Exchange
Unit 1 Projected Rent:
2195
Unit 1 Rent Actual:
2195
Unit 2 Projected Rent:
2195
Unit 2 Rent Actual:
2195
Unit 3 Projected Rent:
2195
Unit 3 Rent Actual:
2195
Unit 4 Projected Rent:
2195
Unit 4 Rent Actual:
2195
Zoning Info
Area Info
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