8911 Troy Street

Spring Valley, CA 91977

$1,500,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $567 / sqft

2010

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information

Listing Information

Address 8911 Troy Street
City Spring Valley
State CA
Zip 91977
County San Diego
Listing Agent Max Delbecq DRE#01964069
Courtesy Of Top Gun CRE
MLS PTP2400395
List Price $1,500,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size N/A
Lot Size 20,948
Year Built 2010
DOM 111

Exterior Information

Maps

Listing information courtesy of: Max Delbecq, Top Gun CRE . *Based on information from the Association of REALTORS/Multiple Listing as of May 8th, 2024 at 3:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.