$1,000,000
$999,999
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1403 Capistrano Ave Spring Valley, CA 91977
6 Beds
4 Baths
2,931 SqFt
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,931 sqft
Price per Sqft $341
Subdivision Spring Valley
MLS Listing ID 240017915SD
Sold Date 09/26/24
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
Area 91977 - Spring Valley
Rooms
Other Rooms Guest House Attached
Basement Sump Pump
Ensuite Laundry In Garage, See Remarks
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s), Living Room Deck Attached, Multiple Staircases, Pantry, All Bedrooms Up, Walk-In Pantry, Walk-In Closet(s)
Laundry Location In Garage,See Remarks
Heating Fireplace(s), Natural Gas, Zoned
Cooling Central Air, Electric, Gas
Flooring Carpet, Tile
Fireplaces Type Electric, Gas, Living Room
Fireplace Yes
Appliance 6 Burner Stove, Dishwasher, Electric Range, Disposal, Gas Range
Laundry In Garage, See Remarks
Exterior
Garage Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Utilities Available Water Available
View Y/N Yes
View Panoramic, Reservoir
Roof Type Shingle
Porch Deck
Parking Type Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Street
Total Parking Spaces 4
Private Pool No
Building
Story 3
Entry Level Three Or More
Water Public
Level or Stories Three Or More
Additional Building Guest House Attached
New Construction No
Others
Senior Community No
Tax ID 5793782300
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Financing Cash to New Loan
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Bought with Sarah Newcomb • Real Broker