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Prime Investment Opportunity, this investment opportunity presents a compelling prospect in the thriving East County Market. The well-maintained remarkable income producing property presents an excellent income generating opportunity. Ideal property for 1031 tax deferred investors looking for a relinquished or replacement property under a forward or reverse exchange scenario. Call us today for additional information. We are proud to introduce this prime investment opportunity in Spring Valley, San Diego County! This 10- unit rental property offers a robust income. A fully gated and leased 10-unit condo style apartment building. Desirable unit mix with larger 8 (2 bed / 1.5 Baths and two extra-large (1 bed / 1 bath, all 10 units have recent interior improvements, The complex offers investors the opportunity to purchase a pride of ownership well-maintained property with tremendous upside in San Diego's most desirable and affordable neighborhood. Investors can purchase the asset, decrease expenses through increased rents and create a well cash-flow asset in one of San Diego best performing markets. This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area. There is a laundry room currently not in use that could yield additional income, this asset represents a unique offering with immediate value-added upside. With its strategic location and solid cash return. This investment opportunity presents a compelling prospect in the thriving Spring Valley Market.
Last Updated | 1/23/2025 | Year Built | 1965 |
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Community | Spring Valley | County | San Diego |
Additional Details
APPLIANCES | Disposal, Dryer, Gas Cooking, Gas Oven, Gas Range, Refrigerator, Washer |
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AREA | Spring Valley |
CONSTRUCTION | See Remarks |
HOA DUES | 0 |
LOT | 10220 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre, Street Level, Yard |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
ZONING | Commercial |
Location
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