$462,500
●
House -
Off Market
443 Concepcion Ave
Spring Valley, CA 91977
3 Beds
2 Baths
1,053 Ft²
$743,334
RealtyHop Estimate
56.49%
Since Jan 1, 2020
CA-San Diego
Primary Model
About This Property
Bring your chickens, dogs, and outdoor entertaining dreams! Enjoy
the ease of indoor-outdoor living in this well-cared for 3 bedroom,
2 bathroom single story home privately situated off-street level on
a spacious lot. Sip your morning coffee and sun from the recently
fenced front patio terrace and enjoy dinner al fresco in your
backyard. Freshly painted interior with modern and efficient Midea
mini-split air conditioning system, and linoleum tile flooring
throughout. A must see! See supplement for more. Enclosed
back patio is the perfect staging area for entertaining guests and
opens to the large backyard that could be reimagined in numerous
ways such as hosting a vegetable garden, outdoor dining area, play
set, etc. It already boasts a fantastic chicken coup! No HOA and no
Mello Roos, this is is fantastic opportunity to own in a great
community. Easy access to the 94, 125, and 54 freeways and just a
short distance from schools, hiking trails, and shopping centers..
Neighborhoods: Spring Valley Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
1,053 Ft²
Days on Market
54 days
Land Size
0.17 acres
Price per sqft
$451
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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: 5 months ago (SDMLS #190057538)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Oct 20, 2019 | Listed by Pacific Sotheby's Int'l Realty | $475,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
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
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Sold On
Sold On
HOA + Taxes
About La Presa
Similar Homes for Sale
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Listed by: Cassandra Altmann, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190057538
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190057538
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