2059 Sweetwater Road

Spring Valley, CA 91977

$1,450,000
Price
8
Beds
6
Baths
3,100 Sq. Ft.
$468 / Sq. Ft.
3,100
Sq. Ft.
$468
per Sq. Ft.

Description

2059 Sweetwater Rd offers an investment opportunity featuring an established duplex with significant development potential. The current property boasts two spacious 4-bedroom, 3-bathroom townhome-style units, each spanning approximately 1,500 square feet, situated on an expansive 36,154 square foot lot. The current ownership is in the final stages of obtaining development permits to expand the property with three additional duplexes, mirroring the existing layout. This presents an ideal scenario...2059 Sweetwater Rd offers an investment opportunity featuring an established duplex with significant development potential. The current property boasts two spacious 4-bedroom, 3-bathroom townhome-style units, each spanning approximately 1,500 square feet, situated on an expansive 36,154 square foot lot. The current ownership is in the final stages of obtaining development permits to expand the property with three additional duplexes, mirroring the existing layout. This presents an ideal scenario for investors looking to capitalize on a covered land play, generating income from the existing units while concurrently realizing the property's maximum potential through development.
  1. Listed by Adam Cairo • DRE #01948040 • Brokerage DRE #02172966 • Starker West, Inc.

Property Details for 2059 Sweetwater Road

Area
91977 - Spring Valley
Neighborhood
SV
Community
SPRING VALLEY
City Postal ID
SPRING VALLEY (91977)
Cross Street(s)
Sweetwater Rd

Location

Listing Courtesy of Starker West, Inc., Adam Cairo, DRE #01948040
Add your commute
LISTING UPDATED: 05/13/2024 02:11 PM

Property Details for 2059 Sweetwater Road

StatusActive
MLS #240010528
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2002
Lot Size0.83 AC / 36,154 SF
CountySan Diego County

Location

Listing Courtesy of Starker West, Inc., Adam Cairo, DRE #01948040
Add your commute

Building Information for 2059 Sweetwater Road

Stories2Residences-Year Built2002Building Size-Lot Size0.83 AC / 36,154 SF

Payment Calculator

$8,882 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$969

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2059 Sweetwater Road

Summary Information
Property and Location
  • System ID: 240010528
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 2002
  • Street Number Numeric: 2059
  • Street Name: Sweetwater Rd
  • Map Coordinates: 1290J1
  • Age Restrictions: N/K
  • Market Area: East County
  • Directions To Property: GPS
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 0
  • Cooling: None
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: N/K
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: .5 to 1 AC
  • Lot Size Source: Assessor Record
  • Complex/Park: SV
  • Assessors Parcel Num: 578-012-77-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 2057
  • Unit 1 Num of Bedrooms: 4
  • Unit 1 Num of Total Baths: 3
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 1,550
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: No
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $3,500
  • Unit 1 Rent Actual: $2,700
Unit 2
  • Unit Num for Unit 2: 2059
  • Unit 2 Num of Bedrooms: 4
  • Unit 2 Num of Total Baths: 3
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 1,550
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: No
  • Unit 2 Occupied: Tenant
  • Unit 2 Projected Rent: $3,500
  • Unit 2 Rent Actual: $2,200
Unit 3
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Unit 4 Num of Total Baths: 0

Property History for 2059 Sweetwater Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2059 Sweetwater Road

Taxable ValueLand$161,871Additions$754,052Total$915,923
Tax Record2023$11,624 ($969 / month)
Home Facts
Total Finished SqFt3,096 SqFtAbove Grade Finished SqFt3,096 SqFtLot Size36,154 SqFtStyleDuplexYear Built2002ZoningR-2:MINOR MULCountySAN DIEGOAPN578-012-77-00

Schools near 2059 Sweetwater Road

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 4 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Bancroft Elementary School
PublicK to 6

Mount Miguel High School
Public9 to 12

Quest Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2059 Sweetwater Road is a multi-family home for sale in Spring Valley, CA 91977. This property was listed for sale on May 11, 2024 by Starker West, Inc., it's currently listed at $1,450,000. It has been on the market for a total of 15 days and was last sold on June 20, 2018. This listing's school districts are Grossmont Union High School District, La Mesa-Spring Valley School District. Nearby schools include Bancroft Elementary School, Science, Technology, Engineering, Arts, And Math Academy At La Presa and Mount Miguel High School. 2059 Sweetwater Road is a 8-bed, 6-bath, 3,100 sqft multi-family home built in 2002.

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Listing Courtesy of Starker West, Inc., Adam Cairo, DRE #01948040

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