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    3918 N Cordoba Avenue

    Spring Valley, CA 91977
    • $899,000
    • STATUS: Active
    • ON SITE: 191 days
    • ID#: 210005960
    $899,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2000
    County:

    School Ratings & Info

    Description

    Attention all cash or 1031 investors/business entrepreneurs! This is an opportunity worth looking at - property is commercial zoned with alley access, residential income property with 2 duplex units PLUS 3rd unit/storage and/or garage conversion dwelling currently run as a 22 resident, Adult Residential Facility (ARF), age 18-59. There are 13 bedrooms and 4 bathrooms between all 3 dwellings. Possible residential income property investment, gut rehab/expansion for multifamily apartment units, renovate existing units as rental property. Buyer to investigate any and all permits for highest/best use, business operations. Property needs major renovations and has been in operation since the 70's by primary owner who passed away in 2018. This is a trustee sale. 2018-2019 financial P&L available only - contact agent for info Exterior: Wood/Stucco Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T00:28:52.49. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
    www.century21jordanlink.com/homes/114876184
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    3918 N Cordoba Avenue Spring Valley, CA 91977

    • Price: $899,000
    • Status: Active
    • ID#: 210005960
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2000
    Built
    Neighborhood:
    Spring Valley
    County:
    San Diego
    Area:
    91977 - Spring Valley
    Property Description
    Attention all cash or 1031 investors/business entrepreneurs! This is an opportunity worth looking at - property is commercial zoned with alley access, residential income property with 2 duplex units PLUS 3rd unit/storage and/or garage conversion dwelling currently run as a 22 resident, Adult Residential Facility (ARF), age 18-59. There are 13 bedrooms and 4 bathrooms between all 3 dwellings. Possible residential income property investment, gut rehab/expansion for multifamily apartment units, renovate existing units as rental property. Buyer to investigate any and all permits for highest/best use, business operations. Property needs major renovations and has been in operation since the 70's by primary owner who passed away in 2018. This is a trustee sale. 2018-2019 financial P&L available only - contact agent for info Exterior: Wood/Stucco Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0
    Exterior Features

    Parking Total 0 Roof Composition

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes

    Property Features

    Association Fee 0 Cap Rate 0 Gross Scheduled Income 202000 Levels One Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms CashConventional Net Operating Income 0 Senior Community YN No Zoning Commercial

    Listing provided courtesy of Tila Cota of Berkshire Hathaway Homeservice


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T00:28:52.49. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
     
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