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… Read More 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. Read Less
Property listed by Real Broker, Deven Ortiz 310-259-7556
Listing Snapshot
Days Online
3
Last Updated
Lot Size
0.27 Acres
Year Built
1953
MLS Number
260007032SD
Additional Details
Building
Built in 1953, 2 buildings, 1 storey, Levels: One
Community
Park Name: Spring Valley
Cooling
CentralAir
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $30,000, Net Operating Income: $63,000
Lot
0.2698 acres
Roof
Composition
Taxes
Parcel Number: 5041020300, Zoning: R-1:SINGLE
Tenant Pays
CableTv, Sewer, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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