8911 Troy Spring Valley, CA $1,550,000

8911 Troy | SPRING VALLEY (91977)

$1,550,000 Registered users get up to $7,750More Info

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. SDMLS 306088193

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MLS Listing ID: 
SDMLS 306088193
Purchase
Community Information
Association Fee: 
$0
Construction
Exterior Features: 
Value in Land
DisabilityFeatures: 
No
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total Bathrooms Description: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.48
Lot Size (Area): 
20,948
Lot Area Units: 
Sq Ft
Waterfront: 
0
Lot Features
Yard: 
Level
Public Record
Parcel Number: 
5032900800
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
1/19/2024
Contract Details
Details about the listing contract.
Buyer's Agent Compensation: 
2
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Max Delbecq
Listing Co-Agent Name: 
Kenneth Herskind
Listing Office Name: 
Top Gun CRE

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