Clark Moses
Stonegate Realty & Mortgage
(858) 630-6787
54 Total Sales
1 in Spring Valley
$710,000 Price
9045 Lamar St Spring Valley, CA 91977
Spring Valley Area
2
Beds
1
Bath
4,770
Sq Ft
--
Built
Highlights
- 1-Story Property
- Central Air
- 4-minute walk to Lamar Park
About This Home
As of June 2020Lamar St consists of 6 Houses on two conjoining parcels in Spring Valley, CA. A value add opportunity that has huge rental upside. Rental increases were recently given to the tenants and are effective 5/1 and 6/1. Two of the tenants are section 8 tenants. Property is a Mid 5 Cap on current income, and 7.5% pro forma. A superior recession resistant cash flow opportunity that will keep your equity working for you.
Last Agent to Sell the Property
Jason Lee
Nara Advisors, Inc. License #02068011 Listed on: 04/10/2020
Last Buyer's Agent
OUT OF AREA
OUT OF AREA License #00000000
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Property Details
Home Type
- Multi-Family
Home Design
Interior Spaces
- 2 Bedrooms
- 4,770 Sq Ft Home
- 1-Story Property
Additional Homes
- Number of ADU Units: 6
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Total Actual Rent $9,132
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- Operating Expense $32,122
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Valley, CA
-
Clark Moses
-
Robert Guerrero
Robert Guerrero
CFL Realty
(858) 585-7613
20 Total Sales
1 in Spring Valley
$435,000 Price
-
Jacqueline Cox-Anderson
Jacqueline Cox-Anderson
Aquila Real Estate, Inc.
(858) 258-9101
8 Total Sales
2 in Spring Valley
$760K - $850K Price Range
-
Andrea Flint-Gogek
Andrea Flint-Gogek
Tranquility Real Estate Services
(619) 613-2567
144 Total Sales
5 in Spring Valley
$550K - $968K Price Range
-
Jesse Ramirez
Jesse Ramirez
Broadpoint Properties, Inc
(760) 573-2743
42 Total Sales
1 in Spring Valley
$695,000 Price
-
Athir Markos
Athir Markos
Coldwell Banker West
(619) 493-1756
153 Total Sales
6 in Spring Valley
$470K - $1.1M Price Range
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 |
|---|---|---|---|
| $1,365,000 | Chicago Title Company | ||
| Effect Marketing Group | $1,330,000 | Ticor Title Company Of Ca | |
| Garcia David | -- | Chicago Title Company Sd |
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 |
|---|---|---|---|
| Open | $955,500 | ||
| Closed | Maichen Group | $690,000 | |
| Previous Owner | Effect Marketing Group | $1,064,000 | |
| Previous Owner | Garcia David | $423,000 |
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 |
|---|---|---|---|---|
| 06/03/2020 06/03/20 | Sold | $1,370,000 | -2.1% | $287 / Sq Ft |
| 04/28/2020 04/28/20 | Price Changed | $1,400,000 | -1.8% | $294 / Sq Ft |
| 04/10/2020 04/10/20 | For Sale | $1,425,000 | -- | $299 / Sq Ft |
Source: San Diego MLS
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 | $16,845 | $1,082,047 | $602,377 | $479,670 |
| 2025 | $15,964 | $1,060,831 | $590,566 | $470,265 |
| 2024 | $15,964 | $1,040,032 | $578,987 | $461,045 |
| 2023 | $15,419 | $1,019,640 | $567,635 | $452,005 |
| 2022 | $15,097 | $999,648 | $556,505 | $443,143 |
| 2021 | $14,974 | $980,048 | $545,594 | $434,454 |
| 2020 | $9,045 | $512,863 | $260,008 | $252,855 |
| 2019 | $8,891 | $502,808 | $254,910 | $247,898 |
| 2018 | $8,460 | $492,950 | $249,912 | $243,038 |
| 2017 | $8,101 | $483,285 | $245,012 | $238,273 |
| 2016 | $7,705 | $473,809 | $240,208 | $233,601 |
| 2015 | $7,651 | $466,693 | $236,600 | $230,093 |
Source: Public Records
Agents Affiliated with this Home
-
JL
Seller's Agent in 2020
Jason Lee
Nara Advisors, Inc.
-
OA
Buyer's Agent in 2020
OUT OF AREA
OUT OF AREA
Map
Source: San Diego MLS
MLS Number: 200016734
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