$1,368,000
$1,450,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1355 Sweetwater Ln Spring Valley, CA 91977
0.95 Acres Lot
Key Details
Sold Price $1,368,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190041958
Sold Date 12/18/19
HOA Y/N No
Lot Size 0.950 Acres
Acres 0.95
Property Description
MAJOR PRICE REDUCTION!!! BEST DEAL IN SAN DIEGO! 6% CAP YR 1. This offering provides investors with a unique opportunity to acquire six freestanding homes on a single .95 acre lot in Spring Valley, CA (San Diego County). The property consists of a desirable unit mix of five 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. Each unit includes its own private fenced yard and at least a single car garage. Every unit has been extensively remodeled and includes in-unit washer and dryer hookups. Renovations include: Recently replaced hot water heaters, new windows, new interior and exterior doors, and bathroom upgrades (new tubs, toilets, and ceramic tile tub surrounds), a majority of the units have renovated kitchens with new cabinets, counter-tops, flooring and appliances. The large lot and private feel provides this property the ability to generate rents above the Spring Valley average. Address range is 1335-1429 Sweetwater Lane. There's a common driveway for 5 units; unit 1415 has it's own private driveway and garage.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Zoning RV-4
Interior
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 5782200400
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing FHA
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Bought with Jorge Jimenez • SVN / Vanguard