$417,000
$450,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Spring Valley, CA 91977
6,969 Sqft Lot
Key Details
Sold Price $417,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 120015256
Sold Date 08/17/12
HOA Y/N No
Lot Size 6,969 Sqft
Property Description
SIX UNIT APARTMENT OFFERING!!! This multifamily building is 3,416 square feet and is situated on lot of 6,970 square feet. The unit mix is comprised of six, one bedroom and one bathroom units and are approximately 568 square feet per unit. This is an ideal project for a value add investor as this property is destabilized and current rents are below market values. The one vacant unit requires renovations and currently has an exposed core and shell. The property is fully enclosed with a wrought iron gate and also features alley access. In addition, the apartments are conveniently located nearby laundry facilities, gas stations, liquor stores, restaurants and neighborhood markets. This property is an attractive opportunity for a value added investor! Opportunities like this rarely come available in Spring Valley!
Location
State CA
County San Diego
Area 91977 - Spring Valley
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Building
Story 2
Others
Tax ID 5842804200
Financing Cash to New Loan
Special Listing Condition Short Sale
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Bought with Jason Lipovsky • Venture Pacific Properties