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Fantastic investment opportunity in Spring Valley! This updated fourplex has all units rented. Each unit has its own water meter! Bonus: The seller has plans approved with the city for two 1,200 sq ft ADUs. This presents a unique opportunity to increase both rental income and overall property value significantly. With the addition of these ADUs, you can expect to generate an estimated $8,600 in additional monthly revenue. Potential total monthly revenue of $18,900. This property not only promises immediate returns but also the potential for future growth, making it an exceptional choice for savvy investors looking to capitalize on the thriving rental market in Spring Valley.
Property Type(s):
Residential Income
| Last Updated | 11/20/2024 | Year Built | 1972 |
|---|---|---|---|
| Community | Spring Valley | County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | Spring Valley |
| HEAT | Natural Gas |
| HOA DUES | 0 |
| LOT | 9026 sq ft |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| WATER | See Remarks |
Location
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Listed with HNM Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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