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    2911 17 Central Ave

    Spring Valley, CA 91977
    • $979,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: PTP2105593
    UPDATED: 14 min ago
    $979,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    4-UNIT INVESTMENT OPPORTUNITY AWAITS! Perfect for the first time investor or someone completing a 1031 Exchange. Recent updates include, new asphalt driveway and parking, new covered porches, exterior paint and roof coating. Each unit is approximately 500sf with 1 bedroom/1 bath. All units with beautiful laminate floors throughout. All units are on separate gas & electric meters. Private laundry and a backyard available for each unit. Off street parking for the complex with plenty of parking. This is one that you don't want to miss. Easy to manage & centrally located in the county. Rent potential approximately $1,500/month. See attached Proforma in Document Section.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-24T23:28:51.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
    www.marknazzalrealty.com/homes/120186322
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    2911 17 Central Ave Spring Valley, CA 91977

    • Price: $979,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: PTP2105593
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1950
    Built
    Neighborhood:
    91977 - Spring Valley
    County:
    San Diego
    Area:
    91977 - Spring Valley
    Property Description
    4-UNIT INVESTMENT OPPORTUNITY AWAITS! Perfect for the first time investor or someone completing a 1031 Exchange. Recent updates include, new asphalt driveway and parking, new covered porches, exterior paint and roof coating. Each unit is approximately 500sf with 1 bedroom/1 bath. All units with beautiful laminate floors throughout. All units are on separate gas & electric meters. Private laundry and a backyard available for each unit. Off street parking for the complex with plenty of parking. This is one that you don't want to miss. Easy to manage & centrally located in the county. Rent potential approximately $1,500/month. See attached Proforma in Document Section.
    Exterior Features

    Construction Materials StuccoWood Siding Fencing Partial Lot Features LevelNear ParkSprinkler System Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Heating See RemarksWall Furnace Heating YN Yes

    Property Features

    Association Fee 0 Association Fee2 0 Association YN No Cap Rate 5.04 Community Features Street LightsSuburbanSidewalksPark Garage YN No Gross Income 69780 Gross Scheduled Income 69780 Insurance Expense 1327 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeVa Loan Net Operating Income 50323 New Taxes Expense 6832 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 19456 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 3637 Water Source Public Zoning Commercial

    Listing provided courtesy of Amy Worley of Bluesage Properties, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-24T23:28:51.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
     
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    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373