8911 Troy Street, Spring Valley CA, 91977

Active

8911 Troy Street

Spring Valley CA, 91977

$1,550,000

$586.68 per sqft

Active

2,642 sqft

Multi-family

Built in 2010

Listed by Max Delbecq with Top Gun CRE 619-550-4515

Renovated, 2-unit multifamily duplex with (5) rear storage sheds on 21K SF of commercially-zoned land. Commercial/mixed-use zoning (C-36), may allow for 16-20 unit and/or ADU development potential, possibly more with County-approved affordable density bonuses. Seller spared no expense in renovating these units - all new electrical, plumbing, and exterior/interior renovations. Assessor has deemed unit condition to be "equivalent of new". Turn-key condition for immediate cash flow during entitlements. (1) 2bed/1bath front house with private front yard + rear (1) 1bed/1bath. Plenty of room to add on and expand units and to redevelop. At least 35 parking spaces in current configuration, which may allow for additional income during entitlements. 5 rear storage sheds for additional income. Estimated $7K/month in gross achievable income in current configuration. High-traffic, family-friendly Spring Valley location near amenities, parks, schools, restaurants/retail, freeways, and public transit.

PTP2400395

MLSⓇ ID

January 19, 2024

Listed

March 28, 2024

Updated

Map

8911 Troy Street
Spring Valley CA, 91977

Interior Features

Total Stories: 1
Appliances: Dryer, Washer
Laundry Description: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.48 Acres
Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Paved, Street Level, Value In Land, Yard
Sewer: Public Sewer

Other Property Details

Area Name: 91977 - Spring Valley
Days on Market: 69
Garage: Yes
Garage Spaces: 5
Parking Total: 5
View: No
County: San Diego
Water Source: Public
Pool: No
Pool Features: None
Zoning: C-36 https://scoutred.co
Buyer Agency Compensation: 2%

Listing Contact: 619-550-4515

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/28/2024 at 1:53 PM UTC