1355 Sweetwater Ln, Spring Valley, CA 91977

1355 Sweetwater Ln $1,450,000

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    1355 Sweetwater Ln Spring Valley, CA 91977

    • 0.95 Acres
    • Commercial Sale
    MLS# 190041958 | Pending
    Days On Market: 110 1 Views
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    Property Details

    MAJOR PRICE REDUCTION!!! BEST DEAL IN SAN DIEGO! 6% CAP YR 1. This offering provides investors with a unique opportunity to acquire six freestanding homes on a single .95 acre lot in Spring Valley, CA (San Diego County). The property consists of a desirable unit mix of five 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. Each unit includes its own private fenced yard and at least a single car garage. Every unit has been extensively remodeled and includes in-unit washer and dryer hookups. Renovations include: Recently replaced hot water heaters, new windows, new interior and exterior doors, and bathroom upgrades (new tubs, toilets, and ceramic tile tub surrounds), a majority of the units have renovated kitchens with new cabinets, counter-tops, flooring and appliances. The large lot and private feel provides this property the ability to generate rents above the Spring Valley average.

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    Neighborhood

    91977 (Spring Valley) Demographics

    34Median Age
    6,424Population Density (per sq. mile)
    29%College Educated
    $58,937 Estimated Median Income
    10,820Estimated Total Home Owners
    7,828Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    4Estimated Average Household Size
    62,065Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $453,000 Median Sales Price
    59 Homes Sold
    59 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,450,000
        10/17/2019 11:48:19 AM Status Changed Source New Value: Pending
        9/12/2019 1:17:24 PM Price Reduced Source New Value: $1,450,000 -12.12%
        7/29/2019 9:50:00 PM New in Database Source New Value: $1,650,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 11/17/2019 2:18:28 PM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.