1
Map
$525,000
●
Multifamily -
Off Market
8970 Golf Drive
Spring Valley, CA 91977
Studio
0 Bath
$880,466
RealtyHop Estimate
67.71%
Since Sep 1, 2017
CA-San Diego
Primary Model
About This Property
Variance Granted for 2-4 unit. What a neat property! The
Front home is a 4 Bedroom 2 bath + laundry rm + family room that's
been Freshly Painted & has Brand New Carpet. The Back Home is a 1
bedroom + den w/ Laundry room and private fenced yard. The Kitchen
and Baths are updated in both homes. The homes are connected by a
large shared patio & grill area that could easily become an outdoor
kitchen. Other Bonus Features are the 1/3 ACRE LOT with room for
RV, Boat and more. The orange tree is full of fruit! Are you
Green minded? Seller has added: A water filtration system to the
Front Home and it has just been serviced. He also added gutters and
rain water catchments in multiple locations. The yard has room for
many fruit trees. There are 2 papaya plants and please, + an Orange
Tree out front! Neighborhoods: Casa De Oro South Other Fees:
0 Sewer: Sewer Connected Unit # for Unit 1: 8970 - A Unit # for
Unit 2: 8970 - B Unit 1 Parking Spaces: 4 Unit 2 Parking Spaces: 4
Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of
Furnished Units: 0 Topography: LL
Unit Size
-
Days on Market
42 days
Land Size
0.35 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1970
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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: 4 months ago (SDMLS #170038502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 14, 2017 | Listed by Coldwell Banker Realty | $525,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Exterior Details
Year Built: 1970
Levels: One
Lot Size Area: 15235
Lot Size Units: Square Feet
Lot Size Acres: 0.35
Lot Size Square Feet: 15235
Lot Size Dimensions: 178x86
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Electric, See Remarks, Wood, Combination
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/14/2017
| |
6 Bed
|
3 Bath
|
2300 ft²
|
$525,000
6 Bed
3 Bath
2300 ft²
|
$525,000
08/25/2017
|
Melinda Anhalt
Coldwell Banker Res. Brokerage
|
|
08/09/2013
| |
5 Bed
|
3 Bath
|
1650 ft²
|
$349,900
5 Bed
3 Bath
1650 ft²
|
$350,000
+0.03%
09/18/2013
|
Polly Watts
Maxim Properties
|
Building Info
About Spring Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Melinda Anhalt, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170038502
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170038502
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