1403 Capistrano Ave, Spring Valley, CA 91977

6 beds 4 baths 0 sq.ft.

Offerered at: $1,100,000.00

Project/Tract: Spring Valley
County: San Diego
Year Built: 1991
Association Fees: $0.00/mo.

Property Description

Discover the perfect blend of comfort and potential income with this stunning single-family home plus an additional unit, ideally located in a Cul-de-sac, on the serene slopes of Dictionary Hill with breathtaking views of the reservoir. Assumable VA loan at an incredibly low rate of 2.8%. ***Main Residence Highlights: This home features 4 bedrooms and 2.5 bathrooms, providing ample space for relaxation and entertainment. The main floor boasts a stylish blue kitchen with quartz countertops and a cozy fireplace in the living room. Two balconies, one off the dining room and another off the living room, offer spectacular views and perfect spots for hosting. The lower level houses four large bedrooms and two full bathrooms. The primary suite includes a luxurious bathroom with a soaking tub, shower, and double sinks, and provides access to a large deck with stunning views. Fully remodeled about five years ago, ensuring modern comfort and style. ***Additional unit Features: Contemporary Living. Built just one year ago, this 2-bedroom, 1-bathroom It offers independence with its own entrance and a small balcony off the front door. The interior includes a fireplace in the living room and a luxurious shared bathroom, making it a comfortable living space. ***A shared huge backyard offers endless possibilities for outdoor activities and gatherings. ***Investment Potential: Attractive cap rate of 7.9% with current rents of $4,650 for the main house and $2,600 for the other unit. ***Perfect mix of residential charm and investment savvy with expansive views and a peaceful hillside setting.

ESSENTIAL INFO

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