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$1,645,000

Beds
10
Baths
4.0
sq ft
Unknown

3628 S Bonita St, Spring Valley, CA 91977

3628 S Bonita St

Spring Valley, CA 91977

  • 33 days on market
Fantastic investment opportunity in Spring Valley! This updated fourplex has all units rented. Each unit has its own water meter! Bonus: The seller has plans approved with the city for two 1,200 sq ft ADUs. This presents a unique opportunity to increase both rental income and overall property value significantly. With the addition of these ADUs, you can expect to generate an estimated $8,600 in additional monthly revenue. Potential total monthly revenue of $18,900. This property not only promises immediate returns but also the potential for future growth, making it an exceptional choice for savvy investors looking to capitalize on the thriving rental market in Spring Valley.

Details

Property type

Est. home value

$541,402

Lot size

9,026 sq ft

Price per sq ft

Unknown

Year built

1972

Price History

11/20/2024
SanDiego

SanDiego #240027236

Listed
$1,645,000
+67.86%
11/07/2023
SanDiego

SanDiego #PTP2305078

Sold
$980,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pedro Lafarga

Loan start date

January 2024

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

7.03%

Loan type

Commercial

Seller

Bernardo Diaz and Alpha Group Sd Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 10:25 AM

Listing updated: 11/20/2024 at 7:56 PM

Listed by: Katsiaryna Stsefaniak, HNM Realty Phone #: (212) 464-8000

MLS: SanDiego #240027236

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