Wonderful Spring Valley Triplex with potential Assumable Loan at a very low interest rate! DO NOT DISTURB TENANTS AND DO NOT DRIVE ON TO THE PROPERTY. Current Cap Rate is over 6% and projected Cap Rates support a value well over $1M. Great investment property with existing cash flow in place. Three updated units with new flooring and updates throughout, including AC. Comprised of three 2b/1b units with spacious shared driveway & two assigned parking spaces per unit. Multi-family property with residential income or live in one unit and rent the other two. Lamar Park is adjacent to this property just located steps from your front doors! Next door to 9 acres of open green space, playgrounds, picnic tables, and a perfect place to play and relax. Quick access to the 94 freeway.
DAYS ON MARKET
|
14
|
LAST UPDATED
|
5/8/2024
|
TRACT
|
Spring Valley
|
YEAR BUILT
|
0
|
COUNTY
|
San Diego
|
STATUS
|
Pending
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Prior to May 8, '24
|
$799,900
|
May 8, '24 - Today |
$1,099,900 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
BUYER'S BROKERAGE COMPENSATION |
2.0 |
LOT |
10167 sq ft |
LOT DIMENSIONS |
7,500-10,889 SF |
STORIES |
1 |
SUBDIVISION |
Spring Valley |
ZONING |
Assessor |
Listed with Heritage Re David Waitley Co B
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