3163 Bancroft

Spring Valley, CA 91977 Pending

UPDATED:

Pending

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Listing Price

$1,294,000

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Bed

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Bath

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SqFt

Glen Henderson

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Key Details

Property Type: Com-Res Income

Lot Size: 0.47 Acres

Purchase Type: For Sale

Listing Status: Pending

MLS Listing ID: 160016079

Property Description

Well maintained apartment complex. Remodeled back in 2007 with new dual pane windows and new stucco all around. Tile flooring on 90 percent of units for easy turn around. Roof in great condition, plumbing in great condition. Concrete driveway all around. No maintenance needed Consistent long term tenants, very quiet and nice tenants. Easy Management and Rentals, and Very Low Actual Vacancy. Low maintenance cost, Ample parking plus common laundry with 5 washers and 5 dryers with built in coin changer and stamp machine. Lots of room for expansion and rent increases. This investment should provide a good cash flow or Wonderful development opportunity !!!! check with City to build up 11 units on this giant 28,000 SQ FT lot !! County is willing to work with you on your project !!! currently 11 units with 5 mobile homes generating a ton of money.But the 5 Mobile Homes. Do not walk on property or disturb tenants.

Location

State: CA

County: San Diego

Schools

Elementary Schools: La Mesa Dale Elementary School,Rancho Elementary School,Kempton Street Elementary School

Middle Schools: Parkway Middle School,Quest Academy,Spring Valley Middle School

High Schools: Grossmont Middle College High School,Reach Academy,Merit Academy

School District: La Mesa-Spring Valley School District,Grossmont Union High School District

Neighborhood Demographic

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Glen Henderson


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