937 Grand Avenue Spring Valley, CA ^$ 1,750,000

937 Grand Avenue

^$ 1,750,000

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937 Grand Avenue

Spring Valley, CA, 91977

^$ 1,750,000

Studio Baths0.0 Sq 3,540

Monthly Estimate*

^$ 12,224

Listed by Realty Executives Dillon

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View a Virtual Tour

Studio

Multi-Family Home for sale in Spring Valley, CA

for $1,750,000. This 3,540 square foot home was built in 1973 on a lot size of 0.1649.

Great 4 Unit investment property that qualifies for 30-year fixed financing! This income property is located at Spring Valley and offers, two units that are -3 bedroom/1 bath and two units that are -2 bedroom/1 bath. Units have been fully remodeled and great tenants in place! Laundry facility on site and 4 individual storage rooms can be extra income, Convenient Alley access with lots parking space for tenants to use as well! Shown w Accepted offer!

Multi-Family Active

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1649

Year Built

1973

Town/City

Spring Valley

County/Region

San Diego

MLS | Web ID

PTP2400934

Days on Market

Features

General

Zoning COMMERCIAL

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1973

Gross Income 123540.0

Community Features Suburban

County San Diego

Net Operating Income 89424.0

Operating Expense 34116.0

Insurance Expense 2500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions GPS

City Spring Valley

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 4

MLS Area 91977 - Spring Valley

Lot Size Square Feet 7181.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Number of Units Leased 4

Street Name Grand

Listing Terms Cash Conventional FHA VALoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Property Condition UpdatedRemodeled

Trash Expense 3600.0

Water Sewer Expense 3000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://tours.curb360.com/public/photos/126349401

Days on Market 26

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 0

Taxes 25000.0

Cap Rate 4.5

Exterior

Parking Features OffStreet Unassigned

Lot Features Level

Water Source Public

Total Parking 8.0

Lot Size Area 7181.0

Number of Buildings 1

Spa N

Building Area Total 3540.0

Lot Size Acres 0.1649

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Outside

Entry Level 1

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 937

* Excluded Features

List By

Realty Executives Dillon

Broker

(619) 504-5042

Phone

Affordability Calculator

$12,224

Per Month

Monthly Principal & Interest: $12,224
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Multi-family listings in Spring Valley, CA

Average List Price ^$2,448,980

Percent of Sale Price 40%

About Spring Valley, CA

705 Population

22% Since 2002

^$62,332 Median Income

55.27 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/17/2024	$1,750,000	-12.50%	Price Down
2/20/2024	$1,999,999		Listed Price

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937 Grand Avenue, Spring Valley, CA, 91977 is a Multi-Family Home for sale at $1,750,000 with 3,540 sqft and a lot size of 0.1649. 937 Grand Avenue is a studio with 0.0 baths and was built in 1973. The property's zip code is 91977 which is in Spring Valley, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/11/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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937 Grand Avenue

Multi-Family Home for sale in Spring Valley, CA

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