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10741 Garden Way

Spring Valley, CA 91978
  • $1,339,000
  • STATUS: ACTIVE
  • ON SITE: 49 Days
  • ID#: NDP2306153
Price Reduced
UPDATED: 34 min ago
$1,339,000
  • 5
    BEDS
  • 0.5
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 1,661
    SQFT
  • $806
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:

Description

Welcome to an incredible investment opportunity in Spring Valley, California! This property boasts three independent units on a spacious half-acre lot, presenting great potential for savvy investors and homeowners seeking rental income. Two separate tenants are already in place, each paying $2,000 per month, providing an immediate revenue stream. The previous owner spared no expense, investing over $250,000 in extensive upgrades to the property. Key improvements include enhanced plumbing with cleaned sewer lines and an additional entrance, ensuring efficient drainage. The entire electrical system has been redone, with added breakers in the ADU, ensuring safety and modern functionality. Noteworthy upgrades in the front home include five new windows, providing ample natural light and enhancing the overall appeal. Energy-efficient recessed LED lighting has been installed throughout the main house, complementing the contemporary design and reducing energy consumption. Both the main house and side ADU feature brand new bathrooms, while the guest property boasts a completely new kitchen, making these units highly desirable for potential tenants. Luxury Vinyl Plank (LVP) floors valued at $18,000 have been installed in living spaces, while new vanities throughout, worth over $20,000, add a touch of luxury. The main house's grandeur is further enhanced by 8-foot ceilings vaulted to an impressive 12.6 feet, complemented by skylights and beams, a project totaling over $42,000 in value. The property has been equipped with new insulation throughout and a new roof valued at over $20,000, Welcome to an incredible investment opportunity in Spring Valley, California! This property boasts three independent units on a spacious half-acre lot, presenting great potential for savvy investors and homeowners seeking rental income. Two separate tenants are already in place, each paying $2,000 per month, providing an immediate revenue stream. The previous owner spared no expense, investing over $250,000 in extensive upgrades to the property. Key improvements include enhanced plumbing with cleaned sewer lines and an additional entrance, ensuring efficient drainage. The entire electrical system has been redone, with added breakers in the ADU, ensuring safety and modern functionality. Noteworthy upgrades in the front home include five new windows, providing ample natural light and enhancing the overall appeal. Energy-efficient recessed LED lighting has been installed throughout the main house, complementing the contemporary design and reducing energy consumption. Both the main house and side ADU feature brand new bathrooms, while the guest property boasts a completely new kitchen, making these units highly desirable for potential tenants. Luxury Vinyl Plank (LVP) floors valued at $18,000 have been installed in living spaces, while new vanities throughout, worth over $20,000, add a touch of luxury. The main house's grandeur is further enhanced by 8-foot ceilings vaulted to an impressive 12.6 feet, complemented by skylights and beams, a project totaling over $42,000 in value. The property has been equipped with new insulation throughout and a new roof valued at over $20,000, ensuring optimal energy efficiency and long-term durability. One of the most significant investments is the fully paid-off 14-panel, 300-watt solar system, reducing utility expenses and environmental impact. With these impressive improvements, you can enjoy hassle-free ownership and stable rental income. This investment gem is situated in a desirable area of San Diego, close to amenities, schools, parks, and major transportation routes, adding to its appeal for potential tenants or homeowners. Don't miss out on this exceptional opportunity in San Diego!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.skoglinrealestate.com/homes/142211728
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10741 Garden Way Spring Valley, CA 91978

  • Price: $1,339,000
  • Status: ACTIVE
  • On Site: 49 Days
  • Updated: 34 min ago
  • ID#: NDP2306153
5
Beds
3
Baths
1
½ Baths
0.5
Acres
1,661
SQFT
$806
$/SQFT
1980
Built
Neighborhood:
Mount Helix
County:
San Diego
Area:
Spring Valley (91978)
High School:
Grossmont Union High School District
Property Description
Welcome to an incredible investment opportunity in Spring Valley, California! This property boasts three independent units on a spacious half-acre lot, presenting great potential for savvy investors and homeowners seeking rental income. Two separate tenants are already in place, each paying $2,000 per month, providing an immediate revenue stream. The previous owner spared no expense, investing over $250,000 in extensive upgrades to the property. Key improvements include enhanced plumbing with cleaned sewer lines and an additional entrance, ensuring efficient drainage. The entire electrical system has been redone, with added breakers in the ADU, ensuring safety and modern functionality. Noteworthy upgrades in the front home include five new windows, providing ample natural light and enhancing the overall appeal. Energy-efficient recessed LED lighting has been installed throughout the main house, complementing the contemporary design and reducing energy consumption. Both the main house and side ADU feature brand new bathrooms, while the guest property boasts a completely new kitchen, making these units highly desirable for potential tenants. Luxury Vinyl Plank (LVP) floors valued at $18,000 have been installed in living spaces, while new vanities throughout, worth over $20,000, add a touch of luxury. The main house's grandeur is further enhanced by 8-foot ceilings vaulted to an impressive 12.6 feet, complemented by skylights and beams, a project totaling over $42,000 in value. The property has been equipped with new insulation throughout and a new roof valued at over $20,000, Welcome to an incredible investment opportunity in Spring Valley, California! This property boasts three independent units on a spacious half-acre lot, presenting great potential for savvy investors and homeowners seeking rental income. Two separate tenants are already in place, each paying $2,000 per month, providing an immediate revenue stream. The previous owner spared no expense, investing over $250,000 in extensive upgrades to the property. Key improvements include enhanced plumbing with cleaned sewer lines and an additional entrance, ensuring efficient drainage. The entire electrical system has been redone, with added breakers in the ADU, ensuring safety and modern functionality. Noteworthy upgrades in the front home include five new windows, providing ample natural light and enhancing the overall appeal. Energy-efficient recessed LED lighting has been installed throughout the main house, complementing the contemporary design and reducing energy consumption. Both the main house and side ADU feature brand new bathrooms, while the guest property boasts a completely new kitchen, making these units highly desirable for potential tenants. Luxury Vinyl Plank (LVP) floors valued at $18,000 have been installed in living spaces, while new vanities throughout, worth over $20,000, add a touch of luxury. The main house's grandeur is further enhanced by 8-foot ceilings vaulted to an impressive 12.6 feet, complemented by skylights and beams, a project totaling over $42,000 in value. The property has been equipped with new insulation throughout and a new roof valued at over $20,000, ensuring optimal energy efficiency and long-term durability. One of the most significant investments is the fully paid-off 14-panel, 300-watt solar system, reducing utility expenses and environmental impact. With these impressive improvements, you can enjoy hassle-free ownership and stable rental income. This investment gem is situated in a desirable area of San Diego, close to amenities, schools, parks, and major transportation routes, adding to its appeal for potential tenants or homeowners. Don't miss out on this exceptional opportunity in San Diego!
Exterior Features

Entry Level Unit 1 Exclusive Use Yard Yes Lot Dimensions Approx Half Acre | 217 Parking Spaces Total 12 Pool N/K Residential Styles Detached Residential Unit Location No Common Walls Site SidewalksLandscaped View Mountains/HillsPanoramicValley/CanyonNeighborhood

Interior Features

Bath Totals 4 Bedrooms Total 5 Cooling Other/Remarks Equipment Available DryerWasher Fireplace Fp in Family Room Searchable Rooms Bedroom Entry LevelBonus RoomDenFormal EntrySun RoomKitchenLiving RoomRecreationAll Bedrooms DownFoyerLaundry Stories 1 Story

Property Features

Additional Property Use Ranch/Farm Assessments N/K Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Miscellaneous Horse AllowedHorse FacilitiesMountainousRuralValley Sales Restrictions Standard Sewer Septic Public Sewer Terms CashConventionalExchangeVaSubmit Units In Complex 0 Water Public Zoning Contact Li

San Diego MLS logo Listing provided courtesy of Lance Decker Trinidad of Lux Team: 760-812-0907. Listing information © 2023 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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