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937 Grand ave, Spring Valley, CA 91977
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937 Grand ave Spring Valley, CA 91977

$1,750,000
  • -- Beds
  • -- Baths
  • 3,540 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified
Map preview of 937 Grand ave, Spring Valley, CA 91977

Property Overview: 937 Grand ave Spring Valley, CA has -- bedrooms, -- bathrooms, 3,540 living square feet and 7,181 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great 4 Unit investment property that qualifies for 30-year fixed financing! This income property is located at Spring Valley and offers, two units that are -3 bedroom/1 bath and two units that are -2 bedroom/1 bath. Units have been fully remodeled and great tenants in place! Laundry facility on site and 4 individual storage rooms can be extra income, Convenient Alley access with lots parking space for tenants to use as well! Shown w Accepted offer!

Listed by Mike Aon | BRE #01300658 | Realty Executives Dillon
Last checked: 11 minutes ago | Last updated: March 17th, 2024 | Source CRMLS | DOM: 73
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Home details

Lot Sq. Ft
7,181
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
PTP2400934
City
Spring Valley
County
San Diego
Time on Site
89 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $123,540
  • Net Operating Income: $89,424
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $34,116
  • New Taxes: $25,000
  • Trash: $3,600
  • Insurance: $2,500
  • Water/Sewer: $3,000

Open Houses for 937 Grand ave

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Property Details for 937 Grand ave

Interior Features
Cooling Information
  • No Cooling
Heating Information
  • No Heating
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
Kitchen Information
  • No Appliances
Exterior Features
Exterior Information
  • No Fence
  • No Spa
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Off Street, Unassigned
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5842804400
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: GPS
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Spring Valley Agent

Sale History for 937 Grand ave

Last sold for $770,000 on January 3rd, 2020

  • February, 2024

  • Feb 20, 2024

    Date

    Active

    CRMLS: PTP2400934

    $1,999,999

    Price

  • February, 2020

  • Feb 10, 2020

    Date

    Sold

    CRMLS: 190061480

    $770,000

    Price

  • Dec 3, 2019

    Date

    Pending

    CRMLS: 190061480

    $818,000

    Price

  • Nov 14, 2019

    Date

    Active

    CRMLS: 190061480

    $818,000

    Price

  • Listing provided courtesy of CRMLS

    4 Unit income property located at Spring Valley, Two 3 bedroom 1 bath and two 2 bedroom and 1 bath. Newer laminate wood floor and Ceramic tiles, Most are long term tenant , Rent are well below market, Laundry facility on site and 4 storage room can be create extra incomes , Convenient Alley access with lots parking space, Show with accepted offer only. Neighborhoods: Spring Valley Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

  • January, 2020

  • Jan 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $770,000

    Price

  • April, 2009

  • Apr 1, 2009

    Date

    Sold (Public Records)

    Public Records

    $362,500

    Price

Show More

Tax History for 937 Grand ave

Assessed Value (2020): $426,832
Year Land Value Improved Value Assessed Value
2020 $235,494 $191,338 $426,832

Home Value Compared to the Market

This property vs the competition

937 Grand ave is listed 133.36% higher than the median list price for the city of Spring Valley which has a median list price of $749,900. The median price per/sqft for Spring Valley is $468 and this home is listed at $494.35 per/sqft which puts the price per square foot 5.63% higher than the median price per square foot for the city of Spring Valley.

About 937 Grand ave

Detailed summary of property

937 Grand ave is a multi family located in Spring Valley, CA 91977 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly 3,540 living square feet, and sits on an approximately 7,181 square foot lot. 937 Grand ave was first listed on ArdentRealEstateGroup.com on February 20, 2024. The homeowner is currently asking $1,750,000 and was originally asking $1,999,999. The median priced home in Spring Valley is $749,900 with a median price per square foot of $468. Based on Ardent Real Estate Group's Spring Valley Market Data, this home is listed 133.36% higher than the median priced home. Local competing homes currently for sale include 545 S Ranch View Circle, 1026 N Shattuck Pl and 715 California. While the average home in Spring Valley, CA is selling in 81 days, 937 Grand ave has a days on market of 73 days. There are currently 143 homes for sale in the Spring Valley real estate market and 110 of them are single family homes while 21 of them are condos and 12 are townhomes. For more information on this home for sale at 937 Grand ave Spring Valley, CA 91977 contact Ardent Real Estate Group and we will put you in touch with one of our Spring Valley agents.

Public Facts for 937 Grand ave

Public county record property details
Beds
10
Baths
4
Year built
1973
Sq. Ft.
3,540
Lot Size
7,181
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
5,6
APN
584-280-44-00

The source for these homes facts are from public records.

91977 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$748,000
Median List Price/Sq.Ft.
$467
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$505
Total Inventory
127
Median Sale to List Price %
99.29%
Avg Days on Market
17
Loan Type
Conventional (57.14%), FHA (19.05%), VA (19.05%), Cash (4.76%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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