Skip To Content

2020 Ildica Way

Spring Valley, CA 91977
  • $899,900
  • STATUS: ACTIVE
  • ON SITE: 38 Days
  • ID#: 240022662
UPDATED: 56 min ago
$899,900
  • 5
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

Property Priced at $899,900 - $1,150,000! If you are looking for a property with AMAZING cash flow as an investor this is the one you have been looking for. Multi Unit Property with built in Independent/Transitional/Sober Living business in place. You can purchase the property cleared out or with the cash flow systems and processes in place. Cash flow is established and the current relationships can be kept in place with all the current relationships. Spring valley is unincorporated making expansion that much easier and less restrictive for the new owner. Seller motivated to sell this property and move the returns to another state to expand business model.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/155743875
Print Image

2020 Ildica Way Spring Valley, CA 91977

  • Price: $899,900
  • Status: ACTIVE
  • On Site: 38 Days
  • Updated: 56 min ago
  • ID#: 240022662
5
Beds
5
Baths
0
½ Baths
N/A
Acres
1938
Built
Neighborhood:
Spring Valley
County:
San Diego
Area:
Spring Valley (91977)
Property Description
Property Priced at $899,900 - $1,150,000! If you are looking for a property with AMAZING cash flow as an investor this is the one you have been looking for. Multi Unit Property with built in Independent/Transitional/Sober Living business in place. You can purchase the property cleared out or with the cash flow systems and processes in place. Cash flow is established and the current relationships can be kept in place with all the current relationships. Spring valley is unincorporated making expansion that much easier and less restrictive for the new owner. Seller motivated to sell this property and move the returns to another state to expand business model.
Exterior Features

Exterior Other/Remarks Fencing Partial Frontage N/K Irrigation N/K Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling Central Forced Air Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 0 Stories 1 Story Total Baths Unit1 4 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 12.32 Age Restrictions N/K Annual Expense Actual 56064 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community SPRING VALLEY Complex Park Spring Valley Cross Streets Crofton Street Gross Rent Multiplier Actual 6.39 Gross Scheduled Income Actual 176400 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area East County Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventionalSeller May Carry Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 12500.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 1500.0

San Diego MLS logo Listing provided courtesy of Josh Pono of 1st Class Real Estate SD: 619-384-8163. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240022662-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240022662-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_240022662-2.jpg
Logo
Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128