NOT LISTED FOR SALE

407 Grand Ave Spring Valley, CA 91977

8 Beds
4 Baths
-- Sq Ft
1979 Built

Last Sold October 25, 2019

Last sale price $860,000

13 Days on Market

About This Home

As of October 2019

Traditional Sale Great Large 4 unit property with all being 2bed 1 bath. Great cash flow, parking space in the front and behind the building. Each Unit has laundry hook up and property has be remodeled in 2014 and has been will maintained. DON'T DISTURB TENANTS

Last Agent to Sell the Property

Peter Sohn

David S. Zecha, Broker License #01424901 Listed on: 08/26/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 584-490-09-00

Community Details

Overview

  • 4 Units
  • Colony Of La Presa Community

Building Details

  • Net Operating Income $53,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: san carlos st
  • Neighborhood: Colony Of La Presa
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Colony Of La Presa
  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 584-490-09-00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 53280
  • Annual Expense Actual: 6720
  • Gross Sched Income Actual: 60000
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $860,000 -4.4% --
09/09/2019 09/09/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $900,000 +57.9% --
03/18/2014 03/18/14 Sold $570,000 0.0% $161 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $570,000 0.0% $161 / Sq Ft
11/05/2013 11/05/13 Rented $950 0.0% --
11/05/2013 11/05/13 For Rent $950 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190047456

San Diego MLS

APN: 584-490-09-00