3145 Ronald Court, Spring Valley, CA 91977

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Property Description

Wonderful Spring Valley Triplex with potential Assumable Loan at a very low interest rate! DO NOT DISTURB TENANTS AND DO NOT DRIVE ON TO THE PROPERTY. Current Cap Rate is over 6% and projected Cap Rates support a value well over $1M. Great investment property with existing cash flow in place. Three updated units with new flooring and updates throughout, including AC. Comprised of three 2b/1b units with spacious shared driveway & two assigned parking spaces per unit. Multi-family property with residential income or live in one unit and rent the other two. Lamar Park is adjacent to this property just located steps from your front doors! Next door to 9 acres of open green space, playgrounds, picnic tables, and a perfect place to play and relax. Quick access to the 94 freeway.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 3145 Ronald Court
City Spring Valley
State CA
Zip 91977
County San Diego
Listing Agent David Waitley DRE #00939416
Co-Listing Agent Demi Waitley DRE #02027928
Courtesy Of Heritage Re David Waitley Co B
List Price $1,099,900
Status Pending
Type Residential Income
Structure Size N/A
Lot Size 10,165
Year Built 1959

Listing information courtesy of: David Waitley, Demi Waitley, Heritage Re David Waitley Co B. *Based on information from the Association of REALTORS/Multiple Listing as of May 8th, 2024 at 5:09 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.