$ 999,000
-
$999,000
Price -
5
Bed -
3
Bath -
0
SqFt
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About the Listing SAND-7899 - SAND-682826
PAID OFF SOLAR, NEW HVAC SYSTEMS, NEW WINDOWS & TRUE 2-UNIT VALUE-ADD OPPORTUNITY on over 0.25 acres with panoramic views of Downtown San Diego and Mt. Helix. Located on a crest-line street in Spring Valley, this income-producing property features two fully independent units: a 4 bed, 2 bath main residence and a large 1 bed, 1 bath guest house (approx. 640 sq ft, built in 1995) with vaulted ceilings, ideal for maximizing rental income or multi-generational living. This property is primed for investors seeking strong in-place income with additional upside. The current ownership has successfully operated a dog boarding business on-site, creating an additional revenue stream beyond traditional rents. Major capital improvements have already been completed, including paid off solar, new HVAC systems, and new windows—significantly reducing operating expenses and increasing long-term efficiency. The oversized 0.25+ acre lot offers substantial development potential—add additional units, expand existing structures, convert the detached 2-car garage, or create a multi-unit compound (buyer to verify zoning and highest & best use). With strong rental flexibility, multiple income streams, and future development upside, this is a rare opportunity for investors, builders, or owner-occupants looking to scale their portfolio. Convenient access to freeways, shopping, and employment centers further enhances tenant demand and long-term appreciation potential.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
260007032SD
Year Built
1953
Total Square Footage
0
Lot/Acreage
0.27
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R-1:SINGLE
- Roof: Composition
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5041020300
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
3237 S Bonita Spring Valley, CA 91977
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