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9032 - 9034 Mac Lane

Spring Valley, CA 91977
  • $1,145,000
  • STATUS: ACTIVE
  • ON SITE: 153 Days
  • ID#: 230008097
UPDATED: 42 min ago
$1,145,000
  • 6
    BEDS
  • 0.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,220
    SQFT
  • $516
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1991
County:

School Ratings & Info

Description

Strong 5% CAP RATE! Two Large and spacious 3BDRM 2BTH Single Level Homes with Garages, Backyards, Driveways, Fireplaces and an Effective Year built of 1991! Homes were recently renovated in 2022 with updated flooring, exterior and interior paint. Laundry Hook ups in garages, Forced air heating and the list goes on.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/139160221
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9032 - 9034 Mac Lane Spring Valley, CA 91977

  • Price: $1,145,000
  • Status: ACTIVE
  • On Site: 153 Days
  • Updated: 42 min ago
  • ID#: 230008097
6
Beds
4
Baths
0
½ Baths
0.2
Acres
2,220
SQFT
$516
$/SQFT
1991
Built
Neighborhood:
Spring Valley
County:
San Diego
Area:
Spring Valley (91977)
Property Description
Strong 5% CAP RATE! Two Large and spacious 3BDRM 2BTH Single Level Homes with Garages, Backyards, Driveways, Fireplaces and an Effective Year built of 1991! Homes were recently renovated in 2022 with updated flooring, exterior and interior paint. Laundry Hook ups in garages, Forced air heating and the list goes on.
Exterior Features

Exterior Stucco Fencing Full Frontage N/K Irrigation N/K Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Parking Non Garage Desc Unit1 AssignedUncovered Parking Non Garage Desc Unit2 AssignedUncovered Pool N/K Roof Composition Spa N/K Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 2 Units With Range Oven 2 Units With Refrigerators 0 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 7.54 Age Restrictions N/K Annual Expense Actual 3800 Annual Expense Projected 4000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Spring Valley Complex Park None Cross Streets Bancroft Drive Gross Rent Multiplier Actual 13.27 Gross Rent Multiplier Project 15.66 Gross Scheduled Income Actual 73080 Gross Scheduled Income Project 86400 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Net Operating Income Projected 70225 Other Fees 0.0 Other Income Actual 0 Pets Allowed W/Restrictions Possession Other/Remarks Projected Cap Rate 7.11 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays TrashWaterElectricityOther/Remarks Terms ConventionalFhaVa Unit Number For Unit1 9032 Unit Number For Unit2 9034 Unit1 Deposit 3500 Unit1 Occupied Tenant Unit1 Projected Rent 3600.0 Unit1 Rent Actual 3055.0 Unit2 Deposit 3000 Unit2 Occupied Tenant Unit2 Projected Rent 3600.0 Unit2 Rent Actual 3035.0 Water Meter On Property

San Diego MLS logo Listing provided courtesy of Larry Parra of Movanti Realty: 619-719-6356. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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