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Sold on 06/21/2024
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3145 Ronald Ct, Spring Valley, CA 91977

$1,070,000

Last sold 06/21/2024 after 56 Days

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    bed

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    bath

Multi-family not for sale
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About 3145 Ronald Ct

Property type Multi-family
Year built 1959
HOA fee $0/month
Lot size 10,165 Sqft
Rental estimate
Property description
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.
Listed by
Listing Agent - David Waitley
Listing Agent Contact: Davidwaitley@att.net
Listing Office - Heritage Re David Waitley Co B
Source: CRMLS mls logo
MLS#PTP2402370 • last updated 2 years ago
Movoto checked CRMLS for data 8 minutes ago
Overview
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.2334
Lot Size (SqFt) 10165
Year Built 1959
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 2184
Parking Gravel, On Site, Shared Driveway, Uncovered
# Uncovered Spaces 6
# Parking Spaces 6
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Pool None
Location
County San Diego
Community Features Sidewalks, Street Lights, Suburban, Biking, Dog Park, Hiking, Park
Neighborhood Spring Valley
Zoning R3
Directions 94 To Bancroft To Lamar To Ronald Ct
APN 5032711900
Multifamily Details
Operating Expense 18000
Cap Rate 8
Total Expenses 18000
Gross Income 66200
Gross Scheduled Income 82000
Rental est.: $1,601/month
Gross rent multiplier: 55.7
  • Oct 2026
    mls logo MLS # 260024480SD
  • Oct 8, 2026 Listed
    $1,299,000 (+21.4%)
  • Jun 2024
    mls logo MLS # PTP2402370
  • Jun 21, 2024 Sold
    $1,070,000 (-2.7%)
  • May 8, 2024 Pending
    —
  • May 8, 2024 Price Change
    $1,099,900 (+37.5%)
  • Apr 26, 2024 Listed
    $799,900 (+37.9%)
  • Oct 2020
    mls logo MLS # 200030128
  • Oct 1, 2020 Sold
    $580,000 (+5.5%)
  • Jul 6, 2020 Pending
    —
  • Jun 30, 2020 Listed
    $549,900 (-1.8%)
  • Sep 2012
    mls logo MLS # 72020657
  • Sep 25, 2012 Sold
    $560,000 (+111.3%)
  • Mar 13, 2007 Listed
    $549,900
  • Mar 2011
    mls logo MLS # 110013462
  • Mar 4, 2011 Listed
    $265,000 (-51.8%)
  • 3145 Ronald Ct
    $1.07M
  • —
  • 91977
    $670K -4% y/y
  • Spring Valley
    $675K -3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Monte Vista High School
public Grades 9-12
Grossmont Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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