Active

10002 San Juan Street

Spring Valley CA, 91977

$3,250,000


Active

Commercial

Listed by Craig Stewart with Acre Investment Real Estate 619-255-3222

RENT INCREASES BRING THIS TO A 6.2% CAP RATE. We are proud to introduce Casa Helix Apartments, an excellent offering in the heart of Casa De Oro. This remarkable property is a testament to impeccable ownership, featuring nine well-maintained units, each with 2 bedrooms and 2 bathrooms. Set across two stories, the building boasts a thoughtful distribution of space, with four units situated on the first floor and an additional 5 units gracing the second floor. Many of the upper units feature private balconies, inviting residents to bask in the outdoors while relishing the serenity of their surroundings. Convenience meets practicality with on-site laundry facilities, offering residents effortless access to essential services. To further enhance the attractiveness of this offering, 9 garages are currently rented separately, bringing in additional income not enjoyed by most apartment investments. The tenants have access to open parking spaces as well. Constructed in 1987, this property embodies the advantages of newer construction, ensuring durability and modern amenities to cater to the needs of today's residents.

230020671SD

MLS ID

October 16, 2023

Listed

March 23, 2024

Updated

Map

10002 San Juan Street
Spring Valley CA, 91977

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.31 Acres


Roof

Tile

Other Property Details

Area Name

91977 - Spring Valley


Days on Market

21


Garage

No


Parking Total

18


View

No


County

San Diego


Pool

No


Zoning

R-4


Buyer Agency Compensation

1.5%

Listing Contact: 619-255-3222 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:22 AM UTC

 

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