8911 Troy Street Spring Valley, CA $ 1,500,000
8911 Troy Street
$ 1,500,000
New Construction
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8911 Troy Street

Spring Valley, CA, 91977
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,969

Listed by Top Gun CRE
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Studio

Lots and Land for sale in Spring Valley, CA

for $1,500,000. The lot size is 0.4809.

Renovated, 2-unit multifamily duplex with (5) rear storage sheds on 21K SF of commercially-zoned land. Commercial/mixed-use zoning (C-36), may allow for 16-20 unit and/or ADU development potential, possibly more with County-approved affordable density bonuses. Seller spared no expense in renovating these units - all new electrical, plumbing, and exterior/interior renovations. Assessor has deemed unit condition to be "equivalent of new". Turn-key condition for immediate cash flow during entitlements. (1) 2bed/1bath front house with private front yard + rear (1) 1bed/1bath. Plenty of room to add on and expand units and to redevelop. At least 35 parking spaces in current configuration, which may allow for additional income during entitlements. 5 rear storage sheds for additional income. Estimated $7K/month in gross achievable income in current configuration. High-traffic, family-friendly Spring Valley location near amenities, parks, schools, restaurants/retail, freeways, and public transit.

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Lots and Land Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.4809

Town/City

Spring Valley

County/Region

San Diego

MLS | Web ID

PTP2400394

Days on Market

140

Features
General
Utilities OverheadUtilities
Zoning C-36
HOA 0.0
View Neighborhood
Community Features Biking Curbs Foothills Hiking HorseTrails Park StreetLights Suburban Sidewalks Valley
County San Diego
New Construction Y
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Google Maps
City Spring Valley
View Y/N Y
Senior Community Y/N N
Zoning Description https://scoutred.com/zoning/251
MLS Area 91977 - Spring Valley
Lot Size Units SquareFeet
Lot Size Square Feet 20948.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Troy
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FannieMae PrivateFinancingAvailable TrustDeed VALoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://vimeo.com/903899952 https://www.topguncre.com/properties-2/8911-troy-st
Days on Market 110
Standard Status Active
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Exterior
Lot Features BackYard FrontYard Lawn Landscaped Level NearPublicTransit Paved StreetLevel ValueInLand Yard
Total Parking 0.0
Lot Size Area 20948.0
Spa N
Lot Size Acres 0.4809
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Horse Amenities RidingTrail
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 8911
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* Excluded Features
List By
Top Gun Cre

Broker

(858) 333-7701

Phone

Affordability Calculator

$9,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$1,500,000 -3.23% Price Down
1/20/2024$1,550,000 Listed Price

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8911 Troy Street, Spring Valley, CA, 91977 is a Lots and Land for sale at $1,500,000 with a lot size of 0.4809. 8911 Troy Street is a studio with 0.0 baths. The property's zip code is 91977 which is in Spring Valley, CA