$975,000
$100K PRICE DROP

Estimated payment $5,849/month

Total Views 14,857
7 Beds
4 Baths
2,729 Sq Ft
$357 Price per Sq Ft

Highlights

  • 1-Story Property
  • Central Air
  • Partially Fenced Property

About This Home

TWO ALMOST NEW MANUFACTURED HOMES ON LARGE LOT ON PRIVATE STREET. PLENTY OF PARKING. YARDS. LOW MAINTENANCE. DOUBLE SINKS AND WALK-IN CLOSETS IN THE MASTER'S. LAUNDRY ROOMS. OPEN FLOOR PLANS. ISLAND KITCHENS. PULLS IN $7,050mth IN RENT!

Listing Agent

Brian Turner

Cabrillo Mortgage & Realty Service License #01183765 Listed on: 08/11/2026

Cabrillo Mortgage & Realty Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Home Design

  • Composition Roof

Interior Spaces

  • 7 Bedrooms
  • 2,729 Sq Ft Home
  • 1-Story Property

Additional Features

  • Partially Fenced Property
  • Central Air

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Spring Valley Subdivision

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 2021
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 6.0
  • Co List Office Mls Id: 60330
  • Subdivision Name: SPRING VALLEY
  • Directions: JAMACHA RD. OR JAMACHA BLVD. TO GILLESPIE. TAKE PRIVATE ROAD WEST TO END.
  • BuildingName: NK
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-08-29T17:48:54Z
  • AgeRestrictions: N/K
  • FullAddress: 1040 GILLESPIE DR
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 7

Exterior Features

  • Fencing: Partial
  • Roof: Composition
  • Construction Type: Other/Remarks

Utilities

  • Cooling: Central Forced Air

Rental Info

  • Tenant Pays: Trash, Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 12000.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,946 $394,911 $56,889 $338,022
2025 $5,946 $387,169 $55,774 $331,395
2024 $5,648 $379,579 $54,681 $324,898
2023 $3,484 $202,529 $53,609 $148,920
2022 $2,877 $198,558 $52,558 $146,000
2021 $1,152 $51,528 $51,528 $0
2020 $1,087 $51,000 $51,000 $0
2019 $136 $9,500 $9,500 $0
2018 $133 $9,314 $9,314 $0
2017 $132 $9,132 $9,132 $0
2016 $128 $8,953 $8,953 $0
2015 $127 $8,819 $8,819 $0
2014 $125 $8,647 $8,647 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2026 08/29/26 Price Changed $975,000 -4.9% $357 / Sq Ft
08/11/2026 08/11/26 For Sale $1,025,000 0.0% $376 / Sq Ft
06/24/2026 06/24/26 Price Changed $1,025,000 0.0% $376 / Sq Ft
06/24/2026 06/24/26 For Sale $1,025,000 0.0% $376 / Sq Ft
06/04/2026 06/04/26 Pending -- -- --
06/04/2026 06/04/26 Off Market $1,025,000 -- --
05/22/2026 05/22/26 Pending -- -- --
05/14/2026 05/14/26 Price Changed $1,075,000 +4.9% $394 / Sq Ft
05/12/2026 05/12/26 Price Changed $1,025,000 -4.7% $376 / Sq Ft
05/02/2026 05/02/26 Price Changed $1,075,000 +4.9% $394 / Sq Ft
05/02/2026 05/02/26 Price Changed $1,025,000 -4.7% $376 / Sq Ft
03/08/2026 03/08/26 For Sale $1,075,000 -- $394 / Sq Ft
Source: San Diego MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Gift Deed -- Ticor Title
Interfamily Deed Transfer -- First American Title
Grant Deed $50,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $505,000 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Source: San Diego MLS

MLS Number: 260005450

San Diego MLS

APN: 584-510-19

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