Sold

3827 Conrad Drive

Spring Valley CA, 91977

$11,650,000


$315.21 per sqft

Sold

5 Beds

36,960 sqft

Commercial

Spring Valley 44, a 44-unit apartment community, located in the Casa de Oro neighborhood of Spring Valley. Built in 1971, the property features 17 one-bedroom/ one-bathroom units, 11 two-bedroom/one-bathroom units, and 16 two-bedroom/ two-bathroom units. Spring Valley 44 is comprised of four buildings and is located on a 1.05-acre lot. Spring Valley 44 offers investors the opportunity to acquire a stable asset in a preferred Casa de Oro community with the ability to continue to capture upside in rental income through renovation of the units. The immediate surrounding community is comprised of residential housing, schools, and local retail outlets. Residents will enjoy the Property's many common area amenities, including open parking, gated swimming pool, and on-site laundry facilities. Each unit has a generous amount of square footage and feature fully equipped kitchens with dishwashers, private patios (select units), and upgraded LVT (faux wood) flooring (select units). Located 11 miles East of San Diego, Spring Valley is the country's largest unincorporated community and it is comprised of rolling hills and countryside. Named for the fresh water spring located there, the community boasts an enviable climate influenced by ocean currents and winter temperatures averaging 61 degrees. Residents enjoy the country feel, but have close proximity to employment, dining and retail via the 94 and 125 freeways.

220024073

MLS ID

September 20, 2022

Listed

October 2, 2024

Updated

Map

3827 Conrad Drive
Spring Valley CA, 91977

Interior Features

Total Stories

2


Bedrooms

5


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Features

Landscaped

Other Property Details

Area Name

East County


Days on Market

168


Garage

No


Parking

Spaces


Parking Total

40


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

5/30/2023

Price change

$11,650,000

-5%

5/30/2023

Sold

$11,650,000

Listed by Endeavor, Chris Roberson,
Listing Contact: 619-559-7002 

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

© 2024 San Diego Multiple Listing Service. All rights reserved. 

Data last updated 4:01 AM UTC, 10/2/2024

Powered byLuxury Presence