$1,020,000
SOLD JUL 7, 2025

8713-15 Central Way Spring Valley, CA 91977

7 Beds
7 Baths
-- Sq Ft
0.38 Acres

Recently Sold

2% Above List Price

6 Days on Market

About This Home

As of July 2025

Located in the heart of Spring Valley, this Duplex with added JADU is a fantastic opportunity for investors or owner-occupants looking for strong rental income and long-term value. The property features two spacious 3-bedroom, 2.5-bathroom units, each with its own large private yard—perfect for outdoor entertaining or relaxing in a quiet setting. The third junior unit is a beautifully renovated 1-bedroom, 1-bathroom space, ideal for maximizing rental potential or serving as a comfortable owner’s residence. Unit 8715 has been recently updated with new kitchen cabinets, modern flooring, and stylish fixtures, offering a fresh and contemporary feel. Additional amenities include on-site shared laundry for tenant convenience and ample off-street parking. Centrally located near shopping, schools, and public transportation, this well-maintained property offers steady cash flow and long-term growth potential in a high-demand rental market. Don’t miss out on this excellent investment opportunity in one of Spring Valley’s most desirable neighborhoods.

Last Agent to Sell the Property

Andres Torres

LPT Realty,Inc License #02013813 Listed on: 05/29/2025

LPT Realty,Inc

Last Buyer's Agent

Chris Bourgeois

eXp Realty of Southern California, Inc. License #02223171

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,937

Year Built

  • Built in 1989

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Flag Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 503-392-52-00

Community Details

Overview

  • 3 Units
  • Central Way Community

Building Details

  • Net Operating Income $70,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,937

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Central Ave
  • Neighborhood: Spring Valley
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Total Stories: 2
  • Year Built: 1989
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 4
  • Prkng Non Garage Spac U2: 3
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Central Way
  • Community: SPRING VALLEY

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Flag Lot
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: R2
  • Assessor Parcel Number: 503-392-52-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 70668
  • Gross Rent Multiplier Actual: 10.6
  • Gross Sched Income Actual: 7860
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jun 9, 2025
Sold by
Lewis Jordan
Bought by
Lewis Steven
Seller's Agent
Andres Torres
LPT Realty,Inc
Buyer's Agent
Chris Bourgeois
eXp Realty of Southern California, Inc.
List Price
$999,900
Sold Price
$1,020,000
Premium/Discount to List
$20,100
2.01%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-53.71%
Original Mortgage
$765,000
Outstanding Balance
$764,355
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$165,602

Purchase Details

Listed on
Oct 19, 2021
Closed on
Apr 15, 2022
Sold by
Cleggfamco Lp
Bought by
Mcnew Family Trust
Seller's Agent
Linda Keach
Linda Keach
Buyer's Agent
Linda Keach
Linda Keach
List Price
$689,000
Sold Price
$730,000
Premium/Discount to List
$41,000
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Dec 26, 2006
Sold by
Clegg Edwin and Clegg Veva
Bought by
Cleggfamco Lp

Purchase Details

Closed on
Feb 28, 2001
Sold by
Crocker James C and Crocker Fern C
Bought by
Clegg Edwin and Clegg Veva
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title
Grant Deed $1,020,000 Chicago Title
Grant Deed -- First American Title
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $1,020,000 +2.0% --
06/05/2025 06/05/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $999,900 +37.0% --
05/02/2022 05/02/22 Sold $730,000 +6.0% $330 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $689,000 -- $312 / 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 $9,937 $774,681 $424,483 $350,198
2024 $9,937 $759,492 $416,160 $343,332
2023 $9,632 $744,600 $408,000 $336,600
2022 $4,678 $320,162 $111,357 $208,805
2021 $4,642 $313,885 $109,174 $204,711
2020 $4,447 $310,667 $108,055 $202,612
2019 $4,382 $304,577 $105,937 $198,640
2018 $4,228 $298,606 $103,860 $194,746
2017 $4,107 $292,752 $101,824 $190,928
2016 $3,946 $287,013 $99,828 $187,185
2015 $3,909 $282,703 $98,329 $184,374
2014 $3,844 $277,166 $96,403 $180,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250028921

San Diego MLS

APN: 503-392-52