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$1,725,000
260018754SD MLS ⋅ Active Status
Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.

3960 Helix St, Spring Valley
$1,350,000
NDP2605265 MLS ⋅ Active Status
This property is sitting in great location of the Colony of La Presa neighborhood, in the heart of Spring Valley. Close to the lake. You can find endless possibilities and business opportunities which are now available. It is previous dental office with a huge lot.

9325 Jamacha Blvd, Spring Valley
$997,500
PTP2602673 MLS ⋅ Active Under Contract Status ⋅ Bancroft Bar BLDG.
The property known as the Bancroft Bar and it's adjoining residential unit is on two parcels with the structures straddling both. The bar has been operating since the 1950s and continues to atract a wide array of customers due to its music venue reputation, neighborly vibe and myriad entertainments. The bar business is not owned by the property owner. The actual year built is unknown and the building size is estimated (bar portion 3,000 sf). There are three restrooms, multiple entries/exits and ventilation. The rear residence has a two bedroom/two bath home with window AC and mini splits. Approximately 16 cars park along the side street (Willowside Lane) and in front of the bar. Additional vehicles may be parked inside the rear residence fence. The cap rate is estimated at 5.5% for the scheduled actual income of both tenants. The western side of the property has a county maintained water overflow canal. The site is well located at the base of Casa de Oro near the Hwy 94 and MTS bus route 855.

9141 43 Campo Road, Spring Valley
$1,559,000
250035324SD MLS ⋅ Active Status
9208 Harness Street in Spring Valley, California is a 6-unit apartment building situated on 9,315 square feet of land with a strong unit mix of all two-bedroom, one-bath units totaling 3,600-square feet of structure built in 1951. Significant improvements and upgrades have been done to the property by past ownership. The building is a two-story wood-frame stucco building with concrete slab foundation and a flat roof. Each unit has a water heater, and residents have three dedicated tandem parking spaces and three single parking spaces. The property is conveniently located less than one mile from neighborhood retail outlets, public parks and schools, and just two miles from Sweetwater Summit Regional Park and Reservoir where residents can enjoy the quiet outdoors.

9208 Harness Street, Spring Valley

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