$860,000
●
House -
Off Market
538 Felicita Avenue
Spring Valley, CA 91977
5 Beds
3 Baths
2,041 Ft²
$4,223
Est. Monthly
About This Property
Unique opportunity with incredible potential! This spacious
property offers a versatile layout ideal for multigenerational
living or possible future conversion into a multifamily setup
(buyer to verify). The first level features 2 bedrooms,
including a generously sized primary bedroom, providing convenience
and accessibility. The second level offers 3 additional bedrooms,
including another large room comparable to a primary suite, plus
space with future potential for a kitchen installation opening the
door for expanded living flexibility or rental income
possibilities. With its rare layout and value-add potential,
this property is perfect for buyers looking to customize, invest,
or create a dual living environment. Don't miss this unique
opportunity!
Unit Size
2,041 Ft²
Days on Market
48 days
Land Size
0.18 acres
Price per sqft
$421
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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Cap Rate Calculator
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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: 6 months ago (SDMLS #PTP2602301)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Price Increased |
$859,999
↑ $160K
(22.9%) | |
| Price Increased | |||
| Mar 26, 2026 | Listed by ShoppingSDHouses | $699,999 | |
| Listed by ShoppingSDHouses | |||
Property Highlights
Garage
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 La Presa
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Listed by: Eva Flores Espinoza, ShoppingSDHouses
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PTP2602301
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PTP2602301
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