3628 S Bonita St, Spring Valley, CA 91977 | For Sale

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For Sale $1,645,000

$1,645,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 9,026 Sq Ft

Description

Fantastic investment opportunity in Spring Valley! This updated fourplex has all units rented. Each unit has its own water meter! Bonus: The seller has plans approved with the city for two 1,200 sq ft ADUs. This presents a unique opportunity to increase both rental income and overall property value significantly. With the addition of these ADUs, you can expect to generate an estimated $8,600 in additional monthly revenue. Potential total monthly revenue of $18,900. This property not only promises immediate returns but also the potential for future growth, making it an exceptional choice for savvy investors looking to capitalize on the thriving rental market in Spring Valley.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,645,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1972
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 5012492000
MLS # 240027236SD
Property ID 320055294
Lot Sqft 9,026
Zoning Unknown
Total Units 4
Days on Market 1
Original List Price $1,645,000
Date Updated November 20, 2024
Date Created November 20, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $5,600 $0
Net Income (Yr) $ 107,816
Cap Rate 7%
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Listing Provided By

Katsiaryna Stsefaniak an agent of . Lic #01983334


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 20, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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