Listed by Bill Anderson, Acre Investment Real Estate,

9233 Kenwood Drive

Spring Valley, CA, 91977

$9,500,000

$9,500,000
Active
Active
 - For Sale
property_type
Commercial
We are pleased to offer Spring Gardens (the “Property”), a pristine rental community in Spring Valley, CA. The offering presents real estate investors with the opportunity to acquire a stabilized real estate asset with immediate rental upside that has been meticulously renovated and professionally managed. The property is being offered free and clear of debt encumbrances. The 27,978 square foot Property is comprised of five (5) two-bedroom / one-bathroom, eight (8)two-bedroom / two-bathroom, one (1) three-bedroom /one-bathroom, and fourteen (14) three-bedroom / two-bathroom units. The Property consists of a nicely landscaped setting spread out on a large lot totaling 41,817 square feet. Originally constructed in 1979, the Property was extensively renovated in 2016 and is well-maintained by the current owner. The renovation of the property consisted of both the exterior of the building and the interiors of the units. The exterior renovations include - paint, vinyl windows, and gated access with an intercom, which provides tenants with added convenience and security. The interiors were appointed with - new cabinets, granite countertops, fixtures, sinks, flooring, light fixtures, double-mirrored closets, window coverings, interior doors, and appliances including - refrigerators, ranges, and hoods. Each unit offers a washer and dryer, air-conditioning, window coverings, and either a balcony or patio. Select Units have storage closets on the patio or balcony. Amenities: BBQ Exterior: ,,
MLS® ID:
220014323SD
Listed:
6/7/22
Updated:
8/8/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Wall/Window Unit(s)

Exterior/Building Features

Lot Size
0.96 acres lot

Other Property Details

Area Name
91977 - Spring Valley
Garage
No
Parking
N
Parking Total
28.0
View
N
County
San Diego
Pool
No
Zoning
Commercial

 

Listed by Bill Anderson, Acre Investment Real Estate,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/8/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:27 PM UTC, 8/8/22

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