Spring Valley

2925 Cherry Lane

$500,000

● Multifamily - Off Market

2925 Cherry Lane

Spring Valley, CA 91977

Studio

0 Bath

$856,731

RealtyHop Estimate

63.19%

Since Mar 1, 2018

CA-San Diego

Primary Model

About This Property

Great rental investment property in Spring Valley. Large spacious units each with own fenced backyard, patio and 2 assigned parking spaces in front of building. Laundry hookups available. Tile flooring throughout both units. Unit occupied by seller/owner had new tile flooring installed and popcorn ceiling removed and new wall A/C in both bedrooms. Great place to live in one unit and rent out the other. Tenant in place is new and has one year lease.. Neighborhoods: Spring Valley Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

Unit Size

Days on Market

52 days

Land Size

Price per sqft

Property Type

Multifamily

Property Taxes

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (SDMLS #180000089)

Price History

Date / Event	Date	Event
Feb 20, 2018	Sold	Premium
Sold
Dec 30, 2017	Listed by J & M Investment Solutions Inc	$525,000
Listed by J & M Investment Solutions Inc

Property Highlights

Interior Details

Appliances: Electric Water Heater

Exterior Details

Year Built: 1978

Levels: One

Pool Features: None

Utilities Details

Cooling Type: SeeRemarks

Heating Type: Electric

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20171230 12/30/2017		Studio	-	-	$525,000 Studio -	$500,000 -4.76% 02/20/2018	John Mapes John Mapes, Broker

Building Info

2925 Cherry Lane 2925 Cherry Lane, Spring Valley, CA 91977

More about this Building

Want to find out who owns 2925 Cherry Lane, Spring Valley, CA 91977? Get detailed property transactions here.

About Spring Valley

Stats & Trends

Median Asking:

$760,000

Sale Price/ft²

$496

Below Asking

0.01%

Average Days on Market

Average Home Size

1585 ft²

Average Home Age

40.6 years

Currently For Sale

44 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9860 Dale Ave, SPRING VALLEY, CA, 91977

$2,495 /mo

2 Beds
2 Baths
950 ft²

9860 Dale Ave #C8, SPRING VALLEY, CA, 91977 Listing by Jason Coriano

Unit for rent at 1121 Grand Ave, SPRING VALLEY, CA, 91977

$4,700 /mo

4 Beds
2 Baths
1,872 ft²

1121 Grand Ave, SPRING VALLEY, CA, 91977 Listing by Juan Julio Montanez

Unit for rent at 4258 Summit Dr, LA MESA, CA, 91941

$5,495 /mo

3 Beds
2 Baths
1,585 ft²

4258 Summit Dr, LA MESA, CA, 91941 Listing by Matt Roth

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: John Mapes, J & M Investment Solutions Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180000089

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information