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Sold for $1,000,000 on 09/26/24
  • $1,000,000

    1403 Capistrano Ave, Spring Valley, CA 91977

    6beds
    2,931sqft
    Single Family Residence
    Built in 1991
    -- sqft lot
    $980,800 Zestimate®
    $341/sqft
    $5,188 Estimated rent

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    $5,188/mo

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    $5,188/mo

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    $6,148/mo

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    $6,148/mo

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    What's special

    Discover unparalleled comfort & investment potential with this exquisite property, featuring a single-family home + an additional unit, nestled in a tranquil cul-de-sac on the scenic slopes of Dictionary Hill, offering breathtaking reservoir views. FINANCING BENEFITS: take advantage of an assumable VA loan w/ 2.875% if you have VA entitlement. Or seller will also consider a credit towards buyers closing costs or rate buydown. MAIN RESIDENCE HIGHLIGHTS: 4 bedrooms/2.5 bathrooms, providing ample space for relaxation & entertainment. Stylish blue kitchen w/quartz countertops. Cozy fireplace to enjoy the warmth and ambiance in the living room. Spectacular views throughout multiple balconies. Lower level includes four large bedrooms and two full bathrooms. The primary suite features a luxurious bathroom with a soaking tub, shower, double sinks, and access to a large deck with stunning views. Modern comfort and style with a full remodel completed five years ago. ADDITIONAL UNIT FEATURES: Built just one year ago, this 2-bedroom 1-bathroom unit offers independence with its own entrance and a small balcony off the front door. Includes a fireplace in the living room and a luxurious shared bathroom, ensuring a comfortable living space. OUTDOOR SPACE: A huge backyard offers endless possibilities for outdoor activities and gatherings. INVESTMENT OPPORTUNITY: Current rents are $4,650 for main house & $2,600 for additional unit, providing a strong cap rate of >8%. Dual living spaces are perfect for generating rental income or accommodating extended family.

    Zillow last checked: 7 hours ago

    Listing updated: February 03, 2025 at 08:13pm

    Listed by:

    Najla S Wehbe Dipp DRE #02024371 858-333-2455,

    eXp Realty of Southern California, Inc.

    Bought with:

    Sarah Newcomb, DRE #01900898

    Real Broker

    Source: SDMLS,MLS#: 240017915MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Zoned Areas, Fireplace
    Cooling
    • Central Forced Air, Electric, Gas
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Solar Panels, Washer, 6 Burner Stove, Gas & Electric Range
    • Laundry: Other/Remarks
    Features
    • 2 Staircases, Bathtub, Built-Ins, Ceiling Fan, Living Room Balcony, Living Room Deck Attached, Pantry, Remodeled Kitchen, Shower, Shower in Tub, Sump Pump, Kitchen Open to Family Rm
    • Flooring: Carpet, Linoleum/Vinyl, Tile
    • Number of fireplaces: 2
    • Fireplace features: FP in Living Room, Electric, Gas
    Interior area
    • Total structure area: 2,931
    • Total interior livable area: 2,931 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage - Front Entry, Garage - Single Door, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: 3 Story
    • Stories: 3
    • Patio & porch: Deck
    • Pool features: N/K
    • Spa features: N/K, Bath Tub
    • Fencing: Full
    • Has view: Yes
    • View description: Panoramic, Valley/Canyon, Other/Remarks, Reservoir
    Details
    • Additional structures: Attached
    • Parcel number: 5793782300
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Brick, Stucco, Wood/Stucco
    • Roof: Shingle
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Sewer Connected, Public Sewer
    • Water: Available, Meter on Property, Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Spring Valley
    • Subdivision: SPRING VALLEY

    HOA & financial

    HOA
    • Services included: N/K

    Other

    Other facts
    • Listing terms: Assumable,Cash,Conventional,FHA,VA,Cash To New Loan
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    Estimated market value
    $980,800