Commercial-res IncomeFor Sale Price $13,000,000 3827 Conrad Drive, Spr

3827 Conrad Drive, Spring Valley, California 91977

Active
$13,000,000
Listing ID #220024073
Property Description

Spring Valley 44, a 44-unit apartment community, located in the Casa de Oro neighborhood of Spring Valley. Built in 1971, the property features 17 one-bedroom/ one-bathroom units, 11 two-bedroom/one-bathroom units, and 16 two-bedroom/ two-bathroom units. Spring Valley 44 is comprised of four buildings and is located on a 1.05-acre lot. Spring Valley 44 offers investors the opportunity to acquire a stable asset in a preferred Casa de Oro community with the ability to continue to capture upside in rental income through renovation of the units. The immediate surrounding community is comprised of residential housing, schools, and local retail outlets. Residents will enjoy the Property’s many common area amenities, including open parking, gated swimming pool, and on-site laundry facilities. Each unit has a generous amount of square footage and feature fully equipped kitchens with dishwashers, private patios (select units), and upgraded LVT (faux wood) flooring (select units). Located 11 miles East of San Diego, Spring Valley is the country’s largest unincorporated community and it is comprised of rolling hills and countryside. Named for the fresh water spring located there, the community boasts an enviable climate influenced by ocean currents and winter temperatures averaging 61 degrees. Residents enjoy the country feel, but have close proximity to employment, dining and retail via the 94 and 125 freeways.

Basic Details
Property Type : Commercial-res Income
Listing Type : For Sale
Listing ID : 220024073
Price : $13,000,000
Status Category : Active
 
Address Map
US
California
SD
Spring Valley
SPRING VALLEY (91977)
91977
Conrad Drive
3827
W117° 0' 46.7''
N32° 44' 56''
Additional Info
Endeavor
Chris
Roberson
17-10-2022 22:11:18
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500-182-09
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