8911 Troy Street Spring Valley, CA 91977
Renovated, 2-unit multifamily duplex with (5) rear storage sheds on 21K SF of commercially-zoned land. Commercial/mixed-use zoning (C-36), may allow for 16-20 unit and/or ADU development potential, possibly more with County-approved affordable density bonuses. Seller spared no expense in renovating these units - all new electrical, plumbing, and exterior/interior renovations. Assessor has deemed unit condition to be "equivalent of new". Turn-key condition for immediate cash flow during entitlements. (1) 2bed/1bath front house with private front yard + rear (1) 1bed/1bath. Plenty of room to add on and expand units and to redevelop. At least 35 parking spaces in current configuration, which may allow for additional income during entitlements. 5 rear storage sheds for additional income. Estimated $7K/month in gross achievable income in current configuration. High-traffic, family-friendly Spring Valley location near amenities, parks, schools, restaurants/retail, freeways, and public transit.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site120 Days
- MLS StatusActive
- MLS ID NumberPTP2400395
- Home Size Source N/A
- Year Built2010
- Lot Size0.4809 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 5
- Sewer Public Sewer
- Number of Stories 1
- Acreage 0.4809
- Property Sub Type Duplex
- Garage Spaces 5
- Zoning C-36 https://scoutred.com/zoning/251
- Listing Conditions Standard
Interior Features
- Laundry Features Dryer IncludedElectric Dryer HookupIndividual RoomInsideWasher HookupWasher Included
- Fireplace No
Exterior Features
- Spa No
- Pool Features None
- Lot Back YardFront YardLandscapedLawnLevel with StreetLot 20000-39999 SqftLevelNear Public TransitPark NearbyPavedUtilities - OverheadValue In LandYard
Community Features
- Association Dues 0
- Community Features CurbsHorse TrailsRuralSidewalksStreet LightsSuburbanBikingHikingPark
- Senior Community No
- MLS Area 91977 - Spring Valley