Discover the perfect blend of comfort and potential income with this stunning single-family home plus ADU, ideally located in a Cul-de-sac, on the serene slopes of Dictionary Hill with breathtaking views of the reservoir. Assumable VA loan at an incredibly low rate of 2.8%. ***Main Residence Highlights: This home features 4 bedrooms and 2.5 bathrooms, providing ample space for relaxation and entertainment. The main floor boasts a stylish blue kitchen with quartz countertops and a cozy fireplace in the living room. Two balconies, one off the dining room and another off the living room, offer spectacular views and perfect spots for hosting. The lower level houses four large bedrooms and two full bathrooms. The primary suite includes a luxurious bathroom with a soaking tub, shower, and double sinks, and provides access to a large deck with stunning views. Fully remodeled about five years ago, ensuring modern comfort and style. ***ADU Features: Contemporary Living. Built just one year ago, this 2-bedroom, 1-bathroom ADU offers independence with its own entrance and a small balcony off the front door. The interior includes a fireplace in the living room and a luxurious shared bathroom, making it a comfortable living space. ***A shared huge backyard offers endless possibilities for outdoor activities and gatherings. ***Investment Potential: Attractive cap rate of 7.9% with current rents of $4,650 for the main house and $2,600 for the ADU. ***Experience the perfect mix of residential charm and investment savvy with expansive views and a peaceful hillside setting.
|
DAYS ON MARKET
|
13
|
LAST UPDATED
|
5/8/2024
|
|
TRACT
|
Spring Valley
|
YEAR BUILT
|
1991
|
|
COMMUNITY
|
Spring Valley
|
GARAGE SPACES
|
2.0
|
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR |
Central Air, Electric, Gas |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
6 Burner Stove, Dishwasher, Disposal, Electric Range, Gas Range |
| AREA |
Spring Valley |
| BASEMENT |
Sump Pump, Yes |
| BUYER'S BROKERAGE COMPENSATION |
|
| CONSTRUCTION |
Brick, Stucco |
| FIREPLACE |
Yes |
| GARAGE |
Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Front, On Street, Yes |
| HEAT |
Fireplace(s), Natural Gas, Zoned |
| INTERIOR |
All Bedrooms Up, Balcony, Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Multiple Staircases, Pantry, Walk-In Closet(s), Walk-In Pantry |
| PARKING |
Door-Single,Driveway,Garage Faces Front,Garage,Garage Door Opener,On Street |
| POOL DESCRIPTION |
None |
| STORIES |
3 |
| SUBDIVISION |
Spring Valley |
| UTILITIES |
Water Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Panoramic,Reservoir |
| WATER |
Public |
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Listed with eXp Realty of Southern California, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/20/24 5:11 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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