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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Listing courtesy of Century 21 Award

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