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    8947 Troy Street

    Spring Valley, CA 91977
    • $2,000,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 200049906
    UPDATED: 23 min ago
    $2,000,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    8947-49 Troy Street is an 8 unit apartment building located in the community of Spring Valley. The two structures were built in 1969 on a 21,770 square foot lot. The property has strong unit mix of six 2 Bedroom / 1 Bath units and two 1 Bedroom / 1 Bath unit totaling 5,960 rentable square feet. There are 8+ open parking spaces. These spacious units have upside in rents. The financing must be assumed. $1M at 2.84%. Spring Valley is a community in the part of East San Diego County that consists of rolling hills and countryside. It is a 20-minute commute (17 miles) from downtown San Diego via Highway 94. The area offers a diverse geography sharing a landscape of choices, from a touch of urban living to snow dusted slopes in the rural back country in a mild climate influenced by ocean currents and abundant sunshine. Spring Valley is San Diego County+GGs largest unincorporated community, offering a small-town flavor to each of its residents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T12:28:53.637. 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 Hart Coastal Group. Licensed in the State of California, USA.

    www.hartcoastal.com/homes/111379624
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    8947 Troy Street Spring Valley, CA 91977

    • Price: $2,000,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 200049906
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    Neighborhood:
    91977 - Spring Valley
    County:
    San Diego
    Area:
    91977 - Spring Valley
    Property Description
    8947-49 Troy Street is an 8 unit apartment building located in the community of Spring Valley. The two structures were built in 1969 on a 21,770 square foot lot. The property has strong unit mix of six 2 Bedroom / 1 Bath units and two 1 Bedroom / 1 Bath unit totaling 5,960 rentable square feet. There are 8+ open parking spaces. These spacious units have upside in rents. The financing must be assumed. $1M at 2.84%. Spring Valley is a community in the part of East San Diego County that consists of rolling hills and countryside. It is a 20-minute commute (17 miles) from downtown San Diego via Highway 94. The area offers a diverse geography sharing a landscape of choices, from a touch of urban living to snow dusted slopes in the rural back country in a mild climate influenced by ocean currents and abundant sunshine. Spring Valley is San Diego County+GGs largest unincorporated community, offering a small-town flavor to each of its residents.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Cap Rate 4.09 Country Us Gross Scheduled Income 129576.00 Net Operating Income 81800.00 Operating Expense 43889.00 Property Sub Type Commercial/Residential Total Monthly Rent 10798

    Listing provided courtesy of Benn Vogelsang of Sandicor, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T12:28:53.637. 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 Hart Coastal Group. Licensed in the State of California, USA.

     
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