1355 Sweetwater Ln

    Spring Valley, CA 91977
    • $1,650,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 190041958
    UPDATED: 18 min ago
    $1,650,000
    • 0
      BEDS
    • 0.95
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-24T18:33:59.77. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/97397697

    1355 Sweetwater Ln Spring Valley, CA 91977

    • Price: $1,650,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 190041958
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.95
    Acres
    County:
    San Diego
    Property Description
    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.
    Exterior Features

    Construction Materials Drywall WallsFrameStucco Lot Size Units Square Feet Roof Composition

    Property Features

    Cap Rate 5.00 Country Us Gross Scheduled Income 124920.00 Net Operating Income 81888.00 Operating Expense 39284.00 Property Sub Type Commercial/Residential Total Monthly Rent 10410 Zoning Rv-4

    Listing provided courtesy of Jorge Jimenez of Svn / Vanguard


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-24T18:33:59.77. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604