49
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$799,999
Est. payment /mo
5 Beds
3 Baths
2,194 SqFt
Off Market
9240 Vista Dr Spring Valley, CA 91977
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Key Details
Property Type Multi-Family
Listing Status Off Market
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $364
Bedrooms 5
Full Baths 3
Lot Size 1.000 Acres
Property Description
Price Adjustment which means... Opportunity is Knocking on all 3 of these doors.
LIMITED TIME TO VIEW. No showings after Tuesday 2/28. Text me at 760-683-4801 and I will let you know when to show up.
3 Separate units on a 1 Acre Lot with room for an additional ADU or garage conversion to make it 4 units on the top half.
AND/OR...
Split the lot into two 1/2 Acre parcels. (Still add the ADU on the first 1/2 for a total of 4 units)
Sell the bottom 1/2 acres and recoup a lot of your original purchase price.
OR...
Split the lot into TWO 1/2 acre parcels and build an additional 4 units to make it a 7 or 8 unit complex on 2 APN's. Your Choice.
Back half of the property has access with a dirt driveway for easy access that could be paved to give access to the other 4 potential units.
The additional 2 dwellings on at the main property may not be permitted however a licensed contractor built them to spec so... get the city to convey and you have yourself a legal Tri-Plex for little out of pocket, if you want.
There is so much opportunity here for your existing or exit strategy, including buy and hold, development, fix and flip, government assistance programs for tenants (check with local jurisdictions for legality).
Let's figure out the best use of this gem of a piece of property and land use.
Rent out the 3 units while developing the other 1/2 acre? Or Sell it off?
Doesn't need a lot, and The Price Is Right, so Come On Down!
This property also has Tangelo, Gala, Dinsmore, Lemon, Lime, & Navel Orange Trees.
3 detached homes, 1 car garage, a few storage sheds and a half an acre that hasn't been developed.
LIMITED TIME TO VIEW. No showings after Tuesday 2/28. Text me at 760-683-4801 and I will let you know when to show up.
3 Separate units on a 1 Acre Lot with room for an additional ADU or garage conversion to make it 4 units on the top half.
AND/OR...
Split the lot into two 1/2 Acre parcels. (Still add the ADU on the first 1/2 for a total of 4 units)
Sell the bottom 1/2 acres and recoup a lot of your original purchase price.
OR...
Split the lot into TWO 1/2 acre parcels and build an additional 4 units to make it a 7 or 8 unit complex on 2 APN's. Your Choice.
Back half of the property has access with a dirt driveway for easy access that could be paved to give access to the other 4 potential units.
The additional 2 dwellings on at the main property may not be permitted however a licensed contractor built them to spec so... get the city to convey and you have yourself a legal Tri-Plex for little out of pocket, if you want.
There is so much opportunity here for your existing or exit strategy, including buy and hold, development, fix and flip, government assistance programs for tenants (check with local jurisdictions for legality).
Let's figure out the best use of this gem of a piece of property and land use.
Rent out the 3 units while developing the other 1/2 acre? Or Sell it off?
Doesn't need a lot, and The Price Is Right, so Come On Down!
This property also has Tangelo, Gala, Dinsmore, Lemon, Lime, & Navel Orange Trees.
3 detached homes, 1 car garage, a few storage sheds and a half an acre that hasn't been developed.
Location
State CA
County San Diego
Listed by Darrell Kucan • The Frances Mouser Team
NEARBY SCHOOL & BUSINESS
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