Spring Valley, CA 91977,1403 Capistrano Ave
Spring Valley, CA 91977,1403 Capistrano Ave
Spring Valley, CA 91977,1403 Capistrano Ave
46
$1,000,000
$999,999
Est.Price: ?

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6 BD
4 BA
2,931 SqFt

1403 Capistrano Ave Spring Valley, CA 91977

Est. payment /mo
SOLD DATE : 09/26/2024

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Key Details

Sold Price $1,000,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,931 sqft

Price per Sqft $341

Subdivision Spring Valley

MLS Listing ID 240017915SD

Bedrooms 6

Full Baths 3

Half Baths 1

Year Built 1991

Property Description

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.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Rooms

Other Rooms Guest House Attached

Interior

Heating Fireplace(s), Natural Gas, Zoned

Cooling Central Air, Electric, Gas

Flooring Carpet, Tile

Fireplaces Type Electric, Gas, Living Room

Laundry In Garage, See Remarks

Exterior

Parking Features Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Street

Garage Spaces 2.0

Garage Description 2.0

Pool None

Utilities Available Water Available

View Y/N Yes

View Panoramic, Reservoir

Roof Type Shingle

Building

Story 3

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

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California Regional MLS (CRMLS)
Listed by Najla Wehbe Dipp • eXp Realty of Southern California, Inc.
Bought with Sarah Newcomb • Real Broker

GET MORE INFORMATION

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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