• Sold
  • Multi Family · 2 Units

1008 Leland St Spring Valley, CA 91977 Get directions

$450,000 $321/Sq. ft.
4 Beds 2 Baths 1,400 Sq. ft. 10,056 Sq. ft. Lot
  • Age 58 Years
  • MLS# 170000140
  • Listed 2 Years 11 Months 14 Days Ago

Overview

Great investment with long term tenants who do not want to move. 2BR each with laundry and PLENTY of Parking fully gated. you can finance FHA/VA. County Planning says ok to build another structure, garage or carport.

Features

Bedrooms

  • Bedrooms: 4
  • Unit 1 # Bedrooms: 2
  • Unit 2 # Bedrooms: 2

Bathrooms

  • Baths Full: 2
  • Unit 1 # Total Baths: 1
  • Unit 2 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 2 # of Full Baths: 1

Building and Construction

  • Levels or Stories: 1
  • Stories: 1 Story
  • Stucco Exterior
  • Composition Roof
  • Unit 1 Estimated SqFt: 700
  • Unit 2 Estimated SqFt: 700

Exterior and Lot Features

  • Lot Size: 7, 500-10, 889 SF
  • Lot SqFt Approx: 10056
  • Level Topography
  • Fencing: Full

Garage and Parking

  • RV Parking Gated
  • Parking Non-Garage Unit 2: Gated
  • Parking Non-Garage Unit 3: Gated

Heating and Cooling

  • Heat Equipment: Wall/Gravity
  • Heat Source: Natural Gas
  • Water Heater Type: Gas

Utilities

  • Water: Meter on Property
  • Water District: OTAY WATER DISTRICT
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 2 Laundry Hook Ups: Yes

Appliances

  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 1
  • # of Units w/Dryers: 1

Homeowners Association

  • Pets: Yes

Other Property Info

  • Cross Street(s): Jamacha Road
  • Market Area: East County
  • County: San Diego
  • Community: Spring Valley
  • Neighborhood: La Presa Acres
  • Zoning: R-2:Minor
  • Directions To Property: Jamacha road, south on Leland
  • Complex/Park: Spring Valley
  • Assessors Parcel #: 584-061-32-00
  • Low Price: 450000
  • Unit # for Unit 1: 1008
  • Unit # for Unit 2: 1010

Listing Information

  • Class: 2-4 UNITS

Multi-Unit Info

  • Units in Building: 2
  • Unit 1 Occupied: Tenant
  • Unit 2 Occupied: Tenant
  • Unit 1 Rent Actual: 1200
  • Unit 2 Rent Actual: 1250
  • # of Units w/Patios: 2
  • # of Buildings: 1
  • Tenant Pays: Cable TV
  • Tenant Pays: Electricity
  • Terms: Cal Vet
  • Terms: Conventional
  • Terms: FHA
  • Unit 1 Deposit: 1200
  • Unit 2 Deposit: 1450
  • Unit 1 Exclusive Use Yard: Y
  • Unit 2 Exclusive Use Yard: Y
  • Gross Sched Income Proj.: 34800
  • Gross Sched Income Actual: 29400
  • Annual Expense Actual: 3600
  • Actual Net Operating Inc: 25800
  • Unit 1 Projected Rent: 1450
  • Unit 2 Projected Rent: 1450
  • Cap Rate Actual: 6.76
  • Gross Rent Multiplier Act: 6.8

Nearby Schools

Rating School Grades Distance
5 Science, Technology, Engineering, Arts, And Math Academy At La Presa School 4-8 0.1 mi
NA Quest Academy School 6-8 1.2 mi
3 Mount Miguel High School 9-12 0.9 mi
4 Kempton Street Elementary School K-3 0.2 mi
4 Audubon K-8 School K-8 1.4 mi
7 Monte Vista High School 9-12 2.6 mi
NA Lighthouse Christian Academy Private School K-12 1.2 mi
NA True Faith Academy Private School 1-12 1.2 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Neighborhood

Property History for 1008 Leland St

Property Price

Date Event Price Price / Sq ft Source
2017-09-07 Sold - - SanDiegoCountySPN
2017-01-01 Relisted $435,000 $310 SanDiegoCountySPN
2017-01-01 Listed $435,000 $310 SanDiegoCountySPN

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.