$718,000
●
House -
Off Market
3035 Avenida De Lamar
Spring Valley, CA 91977
3 Beds
2 Baths
1,416 Ft²
$3,585
Est. Monthly
About This Property
Welcome to a single-story residence nestled on a cul-de-sac in
Spring Valley. This versatile 3-bedroom, 2-bath home includes a
flexible 4th bedroom or office option, perfect for your evolving
needs. Owned and cherished by the same family since it was built in
1980, the home sits on an expansive, fully fenced, nearly ¼-acre
lot. The extra-large, level backyard offers endless possibilities –
ideal for a pool, ADU, RV parking, or your dream outdoor space.
Recent upgrade includes a brand-new roof installed in 2023, new H2O
heater in 2020. With solid bones and fully functional systems, this
home is waiting for your personal touch. Enjoy the freedom of no
HOA, no CC&Rs, and no Mello-Roos. Conveniently located with
quick access to Highways 94 and 125. New Rheem 40 gal H2O
heater in 2020. Partilal plumbing updating in 2015 both bathrooms.
Exterior painted 2019. Automatic sprinkler system in front yard.
Shed conveys.
Unit Size
1,416 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$516
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (SDMLS #250026270SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by J. E. Holden Realty | $730,000 | |
| Listed by J. E. Holden Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Spring Valley
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Listed by: Jill Holden, J. E. Holden Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250026270SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250026270SD
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