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Sold for $1,070,000 on 06/21/24
  • Listing Provided by: 

    David Waitley DRE #00939416 davidwaitley@att.net,

    Heritage Re David Waitley Co B,

    Demi Waitley DRE #02027928 619-368-5734,

    Heritage Re David Waitley Co B

    $1,070,000

    3145-3147 Ronald Ct, Spring Valley, CA 91977

    --beds
    --baths
    2,184sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,041,800 Zestimate®
    $490/sqft
    $3,743 Estimated rent

    What's special

    Wonderful Spring Valley Triplex with potential Assumable Loan at a very low interest rate! DO NOT DISTURB TENANTS AND DO NOT DRIVE ON TO THE PROPERTY. Current Cap Rate is over 6% and projected Cap Rates support a value well over $1M. Great investment property with existing cash flow in place. Three updated units with new flooring and updates throughout, including AC. Comprised of three 2b/1b units with spacious shared driveway & two assigned parking spaces per unit. Multi-family property with residential income or live in one unit and rent the other two. Lamar Park is adjacent to this property just located steps from your front doors! Next door to 9 acres of open green space, playgrounds, picnic tables, and a perfect place to play and relax. Quick access to the 94 freeway.

    Zillow last checked: 7 hours ago

    Listing updated: June 21, 2024 at 01:44pm

    Listing Provided by:

    David Waitley DRE #00939416 davidwaitley@att.net,

    Heritage Re David Waitley Co B,

    Demi Waitley DRE #02027928 619-368-5734,

    Heritage Re David Waitley Co B

    Bought with:

    Maximo Perez, DRE #02140854

    Tidal Realty

    Source: CRMLS,MLS#: PTP2402370MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
    Interior area
    • Total structure area: 2,184
    • Total interior livable area: 2,184 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Gravel, On Site, Shared Driveway, Uncovered
    • Uncovered spaces: 6
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 10,165 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5032711900
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1959

    Community & neighborhood

    Community
    • Community features: Biking, Dog Park, Hiking, Park, Street Lights, Suburban, Sidewalks
    Location
    • Region: Spring Valley

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,041,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,041,800