3163 Bancroft, Spring Valley, CA 91977

$1,295,000 Approx. USD 0 beds, 0 baths

Agent Remarks

Well maintained apartment complex. Remodeled back in 2007 with new dual pane windows and new stucco all around. Tile flooring on 90 percent of units for easy turn around. Roof in great condition, plumbing in great condition. Concrete driveway all around. No maintenance needed Consistent long term tenants, very quiet and nice tenants. Easy Management and Rentals, and Very Low Actual Vacancy. Low maintenance cost, Ample parking plus common laundry with 5 washers and 5 dryers with built in coin changer and stamp machine. Lots of room for expansion and rent increases. This investment should provide a good cash flow or Wonderful development opportunity !!!! check with City to build up 24 units on this giant 28,000 SQ FT lot !! County is willing to work with you on your project !!! currently 11 units with 5 mobile homes generating a ton of money. Do not walk on property or disturb tenants.

Listing Details

Property type: Com-Res Income (Multi-family)
Status: ACTIVE
MLS# 160016079
List price is $1,295,000 Reduced by $105,000 on 10/12/2016
Beds: 0
Baths: 0
0.47 acres
County: San Diego
MLS area: SPRING VALLEY (91977)

Last Updated: 10/12/2016

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This listing belongs to the SPRING VALLEY (91977) MLS area

Lat/Long: 32.740044, -117.004845.
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Broker: Courtesy of FOSTER HAMILTON Real Estate Co
Listing Agent: Ulysses Lepe CRB CRS

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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