$849,900
●
House -
Off Market
661 Concepcion
Spring Valley, CA 91977
3 Beds
2 Baths
1,746 Ft²
$4,174
Est. Monthly
About This Property
Welcome Home to this Fully remodeled single-story home situated on
a huge corner lot! Updates include a brand new roof, windows, Light
and bright open floor plan, kitchen features decorative counters w/
waterfall edge, stainless steel appliances and an eat-in bar,
opening to a spacious dining room with large buffet-perfect for
entertaining. Primary suite offers a slider to the backyard &
bathroom with huge walk-in shower. Detached 2-car garage with alley
access and room to add an ADU. Home is conveniently located near
shopping, freeway access, and more. Do not miss out on this
Opportunity! Broker and Broker's Agents do not represent or
guarantee accuracy of the square footage, permitted or un-permitted
space, bd/ba count, lot size/dimensions, schools, or other
information concerning the conditions or features of the property.
Property has repaired foundation with engineer reports. Buyer
is advised to independently verify the accuracy of all information
through personal inspection & w/ appropriate professionals to
satisfy themselves.
Unit Size
1,746 Ft²
Days on Market
65 days
Land Size
-
Price per sqft
$487
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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: 8 months ago (SDMLS #250045746SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 4, 2026 | In contract | - | |
| In contract | |||
| Dec 14, 2025 | Listed by Real Broker | $849,900 | |
| Listed by Real Broker | |||
| Aug 1, 2025 | Price Decreased |
$599,900
↓ $35K
(5.5%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed | $634,900 | |
| Listed | |||
| | |||
|
CALLING ALL INVESTORS, BUILDERS AND VISIONARIES! THIS FULLY DEMOED CRACK SLAB PROPERTY IS A BLANK CANVAS READY FOR TRANSFORMATION. SITUATED ON A GENEROUS OVERSIZED CORNER LOT, THIS HOME OFFERS ENDLESS POSSIBILITIES INCLUDING ALLEY ACCESS, DETACHED 2 CAR GARAGE, 2 LIVING ROOMS WITH OPEN CONCEPT PERFECT FOR ENTERTAINING. DON'T MISS YOUR CHANCE TO BREATHE NEW LIFE INTO THIS DIAMOND IN THE ROUGH. GET YOUR CREW READY - THIS ONE WON'T LAST! Broker and Broker's Agents do not represent or guarantee accuracy of the square footage, permitted or unpermitted space, bd/ba count, lot size/dimensions, schools, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information through personal inspection & w/ appropriate professionals to satisfy themselves.
| |||
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
Closing Price
Sold On
Sold On
HOA + Taxes
About La Presa
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Listed by: Leann Thompson, Real Broker
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 250045746SD
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 250045746SD
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