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3145 3147 Ronald CT Spring Valley, CA 91977
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Key Details
Sold Price $1,070,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2402370
Year Built 1959
Lot Size 10,166 Sqft
Property Description
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.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Zoning R3
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Central
Cooling Central Air
Laundry Common Area
Exterior
Garage Gravel, On Site, Shared Driveway, Uncovered
Pool None
Community Features Biking, Dog Park, Hiking, Park, Street Lights, Suburban, Sidewalks
View Y/N No
Building
Lot Description 0-1 Unit/Acre
Story 1
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
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Bought with Maximo Perez • Tidal Realty
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