1304 Buena Vista Avenue, Spring Valley, CA 91977

$2,495,000

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List Price
$2,495,000
Status
ACTIVE
MLS#
PTP2606822
Year Built
2024
Lot Size
12,000
Acres
0.28
Lot Location
Drip Irrigation/Bubblers, Sprinklers In Rear, Sprinklers In Front, Rectangular Lot, Sprinklers Timer, Sprinklers On Side, Yard
Days on Market
3
Property Type
Multifamily
Style
Contemporary
Stories
Two Levels

Property Description

Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package.

Additional Information

Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Dryer, Washer
Pool Description
None
Heat
Central, Electric, Forced Air, Wall Furnace
Cooling
Yes
Cooling Description
Central Air, Electric, Wall/Window Unit(s)
View
Mountain(s), Neighborhood
Exterior Construction
Drywall, Frame, Stucco
Patio
Balcony
Roof
Asphalt, Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Interior Features
Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Storage, Two Story Ceilings, Bedroom on Main Level, Walk-In Closet(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$166,800
Operating Expense
40660

Listing courtesy of Listing Agent: Alex Aguilar (Alex@AxiaSD.com) from Listing Office: Axia Real Estate Group, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.