NOT LISTED FOR SALE

458 Grand Ave Spring Valley, CA 91977

8 Beds
4 Baths
4,204 Sq Ft
1965 Built

Last Sold October 29, 2020

Last sale price $920,000 $219 Per Sq Ft

6 Days on Market

About This Home

As of October 2020

Great opportunity to own a 4 unit complex with 0% vacancy. Steady rental income! All units have tile flooring and private patios. Close access to freeway and schools. Additional income provided by onsite communal washer and dryer. Plenty of street and rear-parking.

Last Agent to Sell the Property

Grace Lee

Luxome Realty, Inc. License #02014898 Listed on: 09/01/2020

Co-Listed By

RJ Bernales

Real Broker License #01952229

Last Buyer's Agent

Coby Herzog

Compass License #02011079

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Parking

  • Alley Access

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Bars

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity
  • Assessor Parcel Number 584-480-52-00

Community Details

Overview

  • 4 Units
  • Spring Valley Community

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Laundry Facilities
  • Net Operating Income $61,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Jamacha
  • Neighborhood: spring valley
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1965
  • 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: Stucco

Utilities

  • Cooling: Wall/Window
  • Security: Security Bars
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: Spring valley
  • Pets Allowed: Allowed w/Restrictions
  • Community: SPRING VALLEY
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks
  • Assessor Parcel Number: 584-480-52-00

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 61720
  • Gross Rent Multiplier Actual: 12.7
  • Number Of Buildings: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 3000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $920,000 0.0% $219 / Sq Ft
09/26/2020 09/26/20 Price Changed $920,000 +2.2% $219 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $899,900 -- $214 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $17,297 $1,326,509 $848,966 $477,543
2024 $17,297 $1,300,500 $832,320 $468,180
2023 $16,759 $1,275,000 $816,000 $459,000
2022 $12,838 $938,399 $392,164 $546,235
2021 $12,724 $920,000 $384,475 $535,525
2020 $6,158 $384,743 $160,787 $223,956
2019 $6,065 $377,200 $157,635 $219,565
2018 $5,814 $369,805 $154,545 $215,260
2017 $5,609 $362,555 $151,515 $211,040
2016 $5,349 $355,447 $148,545 $206,902
2015 $5,304 $350,109 $146,314 $203,795
2014 $5,224 $343,251 $143,448 $199,803
Source: Public Records

Agents Affiliated with this Home

  • Grace Lee

    Seller's Agent in 2020

    Grace Lee

    Luxome Realty, Inc.

    (619) 300-9797

    5 in this area

    106 Total Sales

    Grace Lee
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    RJ Bernales

    Real Broker

    Section Image

  • C

    Buyer's Agent in 2020

    Coby Herzog

    Compass

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200042351

San Diego MLS
California San Diego County Spring Valley 91977

458 Grand Ave, Spring Valley, CA

Not Listed for Sale

MultiFamily

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