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Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,931 sqft
Price per Sqft $341
Subdivision Spring Valley
MLS Listing ID 240017915
Sold Date 09/26/24
Style Detached
Bedrooms 6
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1991
Property Description
Discover unparalleled comfort & investment potential with this exquisite property, featuring a single-family home + an additional unit, nestled in a tranquil cul-de-sac on the scenic slopes of Dictionary Hill, offering breathtaking reservoir views. FINANCING BENEFITS: take advantage of an assumable VA loan w/ 2.875% if you have VA entitlement. Or seller will also consider a credit towards buyers closing costs or rate buydown. MAIN RESIDENCE HIGHLIGHTS: 4 bedrooms/2.5 bathrooms, providing ample space for relaxation & entertainment. Stylish blue kitchen w/quartz countertops. Cozy fireplace to enjoy the warmth and ambiance in the living room. Spectacular views throughout multiple balconies. Lower level includes four large bedrooms and two full bathrooms. The primary suite features a luxurious bathroom with a soaking tub, shower, double sinks, and access to a large deck with stunning views. Modern comfort and style with a full remodel completed five years ago. ADDITIONAL UNIT FEATURES: Built just one year ago, this 2-bedroom 1-bathroom unit offers independence with its own entrance and a small balcony off the front door. Includes a fireplace in the living room and a luxurious shared bathroom, ensuring a comfortable living space. OUTDOOR SPACE: A huge backyard offers endless possibilities for outdoor activities and gatherings. INVESTMENT OPPORTUNITY: Current rents are $4,650 for main house & $2,600 for additional unit, providing a strong cap rate of >8%. Dual living spaces are perfect for generating rental income or accommodating extended family.
Location
State CA
County San Diego
Community Spring Valley
Area Spring Valley (91977)
Rooms
Other Rooms 10x10
Guest Accommodations Attached
Master Bedroom 13x14
Bedroom 2 20x12
Bedroom 3 10x13
Bedroom 4 10x9
Bedroom 5 10x10
Living Room 25x15
Dining Room 17x13
Kitchen 11x13
Interior
Interior Features 2 Staircases, Bathtub, Built-Ins, Ceiling Fan, Living Room Balcony, Living Room Deck Attached, Pantry, Remodeled Kitchen, Shower, Shower in Tub, Sump Pump, Kitchen Open to Family Rm
Heating Natural Gas
Cooling Central Forced Air, Electric, Gas
Flooring Carpet, Linoleum/Vinyl, Tile
Fireplaces Number 2
Fireplaces Type FP in Living Room, Electric, Gas
Equipment Dishwasher, Disposal, Dryer, Garage Door Opener, Solar Panels, Washer, 6 Burner Stove, Gas & Electric Range
Appliance Dishwasher, Disposal, Dryer, Garage Door Opener, Solar Panels, Washer, 6 Burner Stove, Gas & Electric Range
Laundry Closet Stacked, Garage
Exterior
Exterior Feature Brick, Stucco, Wood/Stucco
Parking Features Attached, Garage - Front Entry, Garage - Single Door, Garage Door Opener
Garage Spaces 2.0
Fence Full
Utilities Available Electricity Connected, Natural Gas Connected
View Panoramic, Valley/Canyon, Other/Remarks, Reservoir
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Cul-De-Sac, Irregular Lot, Public Street
Story 3
Lot Size Range 7500-10889 SF
Sewer Sewer Connected, Public Sewer
Water Available, Meter on Property, Public
Architectural Style Other
Level or Stories 3 Story
Others
Ownership Fee Simple
Acceptable Financing Assumable, Cash, Conventional, FHA, VA, Cash To New Loan
Listing Terms Assumable, Cash, Conventional, FHA, VA, Cash To New Loan
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Bought with Sarah Newcomb • Real Broker
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