NOT LISTED FOR SALE

2911-17 Central Ave Spring Valley, CA 91977

4 Beds
4 Baths
2,000 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: December 7, 2021

Last sale price $962,500 $481 Per Sq Ft

88 Days on Market

Highlights

  • Property is near park
  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • No HOA
  • Partially Fenced Property
  • 1-minute walk to Goodland Acres Park

About This Home

As of December 2021

BACK ON MARKET AT NO FAULT TO SELLER!! Buyer did not perform. 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 above $1,600/month. See attached Proforma in Document Section.

Last Agent to Sell the Property

Amy Worley

Bluesage Properties, Inc License #02020502 Listed on: 08/06/2021

Last Buyer's Agent

Oscar Paz

House To Home Realty License #01068271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 11,326 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Property Attached
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Location

  • Property is near park
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 53,54
  • Tax Tract Number 1685
  • Assessor Parcel Number 5032734800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • N/K

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,327
  • Trash Expense $1,680
  • Water Sewer Expense $3,637
  • New Taxes Expense $6,832
  • Operating Expense $21,351
  • Gross Income $72,840
  • Net Operating Income $51,489

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.26 Acres

Listing Details

  • Assessments: Yes
  • CapRate: 5.20
  • Park Name: N/K
  • Property Attached: Yes
  • Subdivision Name Other: SPRING VALLEY
  • Water Sewer Expenses: 3637.00
  • Zoning: Commercial
  • Property Type: Residential Income
  • Parcel Number: 5032734800
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 481.25

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1680.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Level, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 11325.60
  • Lot Size Acres: 0.2600

Multi Family

  • Gross Income: 72840.00
  • Gross Scheduled Income: 72840.00
  • Insurance Expense: 1327.00
  • Lot Size Area: 0.2600 Acres
  • Net Operating Income: 51489.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 21351.00
  • Rent Control: No
  • Total Expenses: 21351.00

Tax Info

  • New Taxes Expense: 6832.00
  • Tax Lot: 53,54
  • Tax Tract Number: 001685

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2026
Sold by
Bought by

Purchase Details

Listed on
Aug 6, 2021
Closed on
Nov 9, 2021
Sold by
Bought by
Seller's Agent
Amy Worley
Bluesage Properties, Inc
Buyer's Agent
Oscar Paz
House To Home Realty
List Price
$979,000
Sold Price
$962,500
Premium/Discount to List
-$16,500
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0388%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
0.0428%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
0.0883%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$962,500 Lawyers Title
-- None Available
$570,500 Chicago Title
-- Title365 Company
-- Accommodation
-- --
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 Borrower Loan Amount
Closed $768,000
Closed $300,000
Closed $175,000
Closed $120,250
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
12/07/2021 12/07/21 Sold $962,500 -0.7% $481 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $969,000 -1.0% $485 / Sq Ft
10/13/2021 10/13/21 For Sale $979,000 0.0% $490 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/28/2021 08/28/21 Price Changed $979,000 -2.0% $490 / Sq Ft
08/06/2021 08/06/21 For Sale $998,950 -- $499 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $14,377 $1,021,412 $610,194 $411,218
2024 $13,777 $1,001,385 $598,230 $403,155
2023 $13,338 $981,750 $586,500 $395,250
2022 $8,997 $611,689 $428,880 $182,809
2021 $8,929 $599,696 $420,471 $179,225
2020 $8,551 $593,548 $416,160 $177,388
2019 $8,424 $581,910 $408,000 $173,910
2018 $8,124 $570,500 $400,000 $170,500
2017 $2,675 $111,035 $42,975 $68,060
2016 $2,511 $108,859 $42,133 $66,726
2015 $2,485 $107,225 $41,501 $65,724
2014 $2,462 $105,126 $40,689 $64,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2105593

California Regional Multiple Listing Service (CRMLS)
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