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3163 Bancroft, Spring Valley, CA 91977

$1,294,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
3163 Bancroft, Spring Valley, CA 91977View this property at 3163 Bancroft, Spring Valley, CA 91977
3163 BancroftSpring ValleyCA91977

Property Description

Well maintained apartment complex. Remodeled back in 2007 with new dual pane windows and new stucco all around. Tile flooring on 90 percent of units for easy turn around. Roof in great condition, plumbing in great condition. Concrete driveway all around. No maintenance needed Consistent long term tenants, very quiet and nice tenants. Easy Management and Rentals, and Very Low Actual Vacancy. Low maintenance cost, Ample parking plus common laundry with 5 washers and 5 dryers with built in coin changer and stamp machine. Lots of room for expansion and rent increases. This investment should provide a good cash flow or Wonderful development opportunity !!!! check with City to build up 11 units on this giant 28,000 SQ FT lot !! County is
willing to work with you on your project !!! currently 11 units with 5 mobile homes generating a ton of money.But the 5 Mobile Homes. Do not walk on property or disturb tenants.

Full Property Details for 3163 Bancroft

General

  • Price: $1,294,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 160016079
  • Updated: 10/4/2017
  • Added: 702 day(s) ago

Property History

  • 3163 Bancroft, Spring Valley, CA
  • Reduced to $1,294,000 on 4/12/17
  • Reduced to $1,295,000 on 10/12/16
  • Listed at $1,400,000 on 3/24/16

Location

  • Area: SPRING VALLEY (91977)
  • County: San Diego

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.47

Listed by FOSTER HAMILTON Real Estate Co

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Schools

Schools serving 3163 Bancroft

School District:
La Mesa-Spring Valley School District, Grossmont Union High School District
School Name
Grades
Distance
Bancroft Elementary School
8805 Tyler St, Spring Valley, CA 91977
K-6
0.7 mi
Spring Valley Middle School
3900 Conrad Dr, Spring Valley, CA 91977
7-8
1.2 mi
Monte Vista High School, Spring Valley, CA
3230 Sweetwater Springs Blvd, Spring Valley, CA 91977
9-12
1.9 mi
Valhalla High School
1725 Hillsdale Rd, El Cajon, CA 92019
9-12
5.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 3163 Bancroft

3163 Bancroft, Spring Valley, CA 91977 (MLS# 160016079) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 3163 Bancroft is currently listed for $1,294,000 and was received on March 24, 2016. Want to learn more about 3163 Bancroft? Do you have questions about finding other Multi-Family real estate for sale in Spring Valley? You can browse all Spring Valley real estate or contact a Coldwell Banker agent to request more information.

Listed by FOSTER HAMILTON Real Estate Co