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Discover unparalleled comfort & investment potential with this exquisite property, featuring a single-family home + an additional unit, nestled in a tranquil cul-de-sac on the scenic slopes of Dictionary Hill, offering breathtaking reservoir views. FINANCING BENEFITS: take advantage of an assumable VA loan w/ 2.875% if you have VA entitlement. Or seller will also consider a credit towards buyers closing costs or rate buydown. MAIN RESIDENCE HIGHLIGHTS: 4 bedrooms/2.5 bathrooms, providing ample space for relaxation & entertainment. Stylish blue kitchen w/quartz countertops. Cozy fireplace to enjoy the warmth and ambiance in the living room. Spectacular views throughout multiple balconies. Lower level includes four large bedrooms and two full bathrooms. The primary suite features a luxurious bathroom with a soaking tub, shower, double sinks, and access to a large deck with stunning views. Modern comfort and style with a full remodel completed five years ago. ADDITIONAL UNIT FEATURES: Built just one year ago, this 2-bedroom 1-bathroom unit offers independence with its own entrance and a small balcony off the front door. Includes a fireplace in the living room and a luxurious shared bathroom, ensuring a comfortable living space. OUTDOOR SPACE: A huge backyard offers endless possibilities for outdoor activities and gatherings. INVESTMENT OPPORTUNITY: Current rents are $4,650 for main house & $2,600 for additional unit, providing a strong cap rate of >8%. Dual living spaces are perfect for generating rental income or accommodating extended family.
Address |
1403 Capistrano Ave
Spring Valley, CA 91977 |
Listing Status | SOLD |
Sold Price | $1,000,000 |
Asking Price | $999,999 |
Original Listing | $999,999 @ 2024-04-11 |
Terms | Assumable,Cash,Conventional,FHA,VA,Cash To New Loan |
Sold Terms | Cash to New Loan |
Escrow Date | 2024-08-23 |
Closing Date | 2024-09-26 |
Days on MLS | 23 |
Age Restriction | N/K |
Property Type | Fee Simple |
Total Units | 2 building / 2 complex |
Property Restrictions | None Known |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
HOA Fee Includes | N/K |
Square Footage | 2931 sf |
Flooring | Carpet, Linoleum/Vinyl, Tile |
Bedrooms | 6 + 0 optional |
Full Bathrooms | 3 |
Half Baths | 1 |
Family Room | 0 |
Living Room | 25x15 |
Dining Room | 17x13 |
Kichen | 11x13 |
Master Bedroom | 13x14 |
2nd Bedroom | 20x12 |
3rd Bedroom | 10x13 |
4th Bedroom | 10x9 |
5th Bedroom | 10x10 |
Directions | Drive East on Jamacha Rd. Turn left on Capistrano Ave. Home will be located on the right. |
Cross Street | Chestnut St |
Market Area | East County |
Community Area | SPRING VALLEY |
Neighborhood | Dictionary Hill |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 579-378-23-00 |
Geographic Areas | |
Highway Locator |
East of I-15 East of I-5 South of I-8 East of I-805 South of SR-52 |
Ocean Distance | 16.9 miles |
Year Built | 1991 (source: Assessor) |
Laundry Location | Closet Stacked,Garage |
Elevator | Not Listed |
Cooling | Central Forced Air, Electric, Gas |
Heating | Natural Gas Zoned Areas, Fireplace |
Irrigation | N/K |
TV/Telecomm | N/K |
Sewer/Septic | Sewer Connected,Public Sewer |
Fireplaces | 2 (FP in Living Room, Electric, Gas) |
Equipment | Dishwasher, Disposal, Dryer, Garage Door Opener, Solar Panels, Washer, 6 Burner Stove, Gas & Electric Range |
Interior Features | 2 Staircases, Bathtub, Built-Ins, Ceiling Fan, Living Room Balcony, Living Room Deck Attached, Pantry, Remodeled Kitchen, Shower, Shower in Tub, Sump Pump, Kitchen Open to Family Rm |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 240017915 |
Courtesy of | eXp Realty of Southern California, Inc. |
https://www.californiatophomes.com/240017915
Style | Detached 3 Story |
Material | Brick,Stucco,Wood/Stucco |
Lot Size | 7,500-10,889 SF |
Fencing | Full |
Topography | Bluff/Canyon Rim,Canyon/Valley,Mountainous,Rolling,Slope Gentle,Slope Steep |
Roof | Shingle |
Swimming Pool | N/K |
Patio | Deck |
Site | Cul-De-Sac, Irregular Lot, Public Street |
Parking |
Attached
Garage - Front Entry
Garage - Single Door
Garage Door Opener
Total Spaces: 4
Garage Spaces: 2
Non-Garage Spaces:
2 -
Driveway,Street
|
View | Panoramic, Valley/Canyon, Other/Remarks, Reservoir |