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$ 1,776,000
Est. payment | /mo
$ 1,776,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2600849SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
829 Grand Ave. a 6 unit apartment building located in beautiful Spring Valley CA. The property has a strong unit mix of all 2 be 1 bath units rented for $ 2,500 each in excellent condition!. Spring Valley is a solid middle class community. We have plenty of parking space for our tenants. All units have tile flooring, show very well and they are easy to rent. Buyers will have no maintenance since the sellers recently invested over 400k in rehabilitation. This property is being sold at a 7.1 CAP! Gross rent multiplier is 10! this is an amazing price for this property...
Location
State CA
County San Diego
Area 91977 - Spring Valley
Interior
Heating Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 6
Others
Tax ID 5843300900
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/snd/2600849
Listed by Patrick Wingate Patrick Wingate, Broker