3145 Ronald Court, Spring Valley, CA 91977

$1,099,900
List Price
$1,099,900
Price Change
▲ $300,000 1715237315
MLS#
PTP2402370
Status
PENDING
Type
Multifamily
Neighborhood
Spring Valley

Property Description

Wonderful Spring Valley Triplex with potential Assumable Loan at a very low interest rate! DO NOT DISTURB TENANTS AND DO NOT DRIVE ON TO THE PROPERTY. Current Cap Rate is over 6% and projected Cap Rates support a value well over $1M. Great investment property with existing cash flow in place. Three updated units with new flooring and updates throughout, including AC. Comprised of three 2b/1b units with spacious shared driveway & two assigned parking spaces per unit. Multi-family property with residential income or live in one unit and rent the other two. Lamar Park is adjacent to this property just located steps from your front doors! Next door to 9 acres of open green space, playgrounds, picnic tables, and a perfect place to play and relax. Quick access to the 94 freeway.

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Heritage Re David Waitley Co B, David Waitley.