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Sold on 10/03/2022

412 Grand Ave, Spring Valley, CA 91977

  • $1,338,000

    Last sold 10/03/2022 for $1.38M

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 412 Grand Ave

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Movoto estimate
Property description
BEST CASHFLOW ON THE MARKET! Four turnkey spacious townhome style units. Units are huge, 1050 SF 2BR 1BA units, each with their own private patio. Laundry facilities on site, as well as ample surface parking with 8 spots. Property is being sold alongside 418 Grand Ave (MLS ID: 220015406) - carbon copy property on adjoining lot. Tenants pay 100% of all utilities through RUBS, and with strong rents this property yields tremendous cashflow. Units are all well maintained with many upgrades, such as vinyl flooring in all. Pride of ownership property that has been kept in meticulous condition. Sprucing and freshening up of units will lead to peak market rents. Lastly, large lots allow for ADU additions.
Listed by
Listing Agent - Florian P Sighe
Listing Office - The Browar Group
Source: San Diego MLS mls logo
MLS#220015407 • last updated 3 years ago
Movoto checked San Diego MLS for data 14 minutes ago
Overview
Cooling/AC N/K
Levels/Style 2 Story
Status SOLD
Virtual Tour N/A
SubType Res Income 2-4 Units
MLS # 220015407
Short Sale (Y/N) No
Year Built 1965
Exterior
Exterior Stucco
Roof Composition
Lot Desc 4, 000-7, 499 SF
Fencing Partial
Amenities / Utilities
Security Features N/K
Location
Neighborhood Spring Valley
County San Diego
Community SPRING VALLEY
Community Features Laundry Facilities
Cross Street Grand
APN 584-480-49-00
Multifamily Details
Unit 2: Deposit 3098
Unit 3: Deposit 3098
Unit 3: SqFt 1050
Unit 4: SqFt 1050
Unit 2: # Bedrooms 2
Unit 4: Projected Rent 1950
Unit 1: Deposit 1300
Unit 3: # Bedrooms 2
Unit 1: Occupied Tenant
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 4: # Total Baths 1
Unit 3: # of Full Baths 1
Unit :1 # of Full Baths 1
Unit 4: # Bedrooms 2
Unit 1: SqFt 1050
Unit 2: Occupied Tenant
Unit 3: Occupied Tenant
Unit 4: Occupied Tenant
Unit 1: # Bedrooms 2
Unit 2: SqFt 1050
Unit 3: Projected Rent 1950
Unit 2: Actual Rent 1799
Unit 3: Actual Rent 1831
Unit 1: Projected Rent 1950
Unit 4: Actual Rent 1799
Unit 2: Projected Rent 1950
Unit 2: # of Full Baths 1
Unit 4: # of Full Baths 1
Unit 4: Deposit 1549
# of Units w/Refrigerator 4
Total # of Units 4
# of Units w/Range/Oven 4
# of Units w/Patios 4
Gross Rent Multiplier (Actual) 14.1
Gross Scheduled Income 98468
  • Oct 2022
    mls logo MLS # 220015407
  • Oct 5, 2022 Sold
    $1,387,500 (-0.9%)
  • Jul 25, 2022 Pending
    —
  • Jun 17, 2022 Listed
    $1,400,000

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Nearby homes for sale in Spring Valley, CA

  • Real Estate
  • CA
  • San Diego County
  • Spring Valley
  • 91977
  • Colony of la Presa
  • 412 Grand Ave
$1.33M
Range: $1.19M-$1.48M
Last 30 days 

Nearby recently sold homes in Spring Valley, CA

  • 412 Grand Ave
    $1.38M
  • Colony of la Presa
    —
  • 91977
    $700K -3% y/y
  • Spring Valley
    $699K -4% y/y
No chart available
Statistics calculated by Movoto
4/10
Mount Miguel High School
public Grades 9-12
Grossmont Union High School District
Source: GreatSchools.org © 2026. All rights reserved.
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