1040 Gillespie Dr

2,729 Sq. Ft.
$394 / Sq. Ft.
2,729
Sq. Ft.
$394
per Sq. Ft.

Description

Two almost new houses on large lot on private street. Plenty of parking. Yards. Low maintenance. Double sinks and walk-in closets in the master's. Laundry rooms. Open floor plans. Island kitchens. PULLS IN $7,050mth IN RENT!Two almost new houses on large lot on private street. Plenty of parking. Yards. Low maintenance. Double sinks and walk-in closets in the master's. Laundry rooms. Open floor plans. Island kitchens. PULLS IN $7,050mth IN RENT!
  1. Listed by Brian Turner • DRE #01183765 • Cabrillo Mortgage & Realty Service • pmcassi@yahoo.com

Property Details for 1040 Gillespie Drive

Neighborhood
SPRING VALLEY
Community
SPRING VALLEY
Area Zip
SPRING VALLEY (91977)
Standard Status
Active
LISTING UPDATED: 04/05/2026 02:26 PM

Property Details for 1040 Gillespie Drive

StatusActive
MLS #260005450
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Cabrillo Mortgage & Realty Service, Brian Turner, DRE #01183765
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Building Information for 1040 Gillespie Drive

Stories1Residences2Year Built2021Building Size-Lot Size-

Payment Calculator

$5,504 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,413

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1040 Gillespie Drive

Summary
Location and General Information
  • Coordinates: -117.008752, 32.713106
  • Latitude: 32.713106
  • Longitude: -117.008752
  • Directions: JAMACHA RD. OR JAMACHA BLVD. TO GILLESPIE. TAKE PRIVATE ROAD WEST TO END. CrossStreet: ST. GEORGE
  • MLS Area Major: East County
  • Building Name: NK
Taxes and HOA
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Property
Lot Information
  • Building Area Total: 2729.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Lot Size: .25 to .5 AC
Property and Assessments
  • Parcel Number: 5845101900
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Age Restrictions: N/K
  • Year Built: 2021
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other/Remarks
  • Fencing: Partial
  • Roof: Composition
  • Security Features: N/K
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Stories Total: 1
  • Cooling: Central Forced Air
  • Levels: 1 Story
  • Bedrooms Count: 7
  • Baths Total: 4.0
Multi Family
Income & Expenses
  • Operating Expense: $12,000
  • Other Income Actual: $0
  • Gross Scheduled Income: $84,600
Multi Family Information
  • Unit Numfor Unit1: 1040
  • Unit Numfor Unit2: 1040.5
  • Num Units w Cooling: 2
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: Trash, Electricity, Gas/Propane

Property History for 1040 Gillespie Drive

DateEvent & SourcePriceAppreciation
Mar 8, 2026

Listed (Active)

SDMLS #260005450

$1,075,000
Mar 8, 2026

Listed (Active)

CLAW #260005450SD

$1,075,000
Mar 8, 2026

Listed (Active)

CRMLS #260005450SD

$1,075,000
DateEvent & SourcePrice
03/08/2026

Listed (Active)

SDMLS #260005450

$1,075,000
03/08/2026

Listed (Active)

CLAW #260005450SD

$1,075,000
03/08/2026

Listed (Active)

CRMLS #260005450SD

$1,075,000

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

Public Records for 1040 Gillespie Drive

Taxable ValueLand$51,000Additions-Total$51,000
Tax Record2020$1,087 ($91 / month)
Home Facts
Beds0StyleResidentialZoningR1CountySAN DIEGOAPN5845101900

Schools near 1040 Gillespie Drive

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Kempton Street Elementary School
PublicK to 5

Mount Miguel High School
Public9 to 12

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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1040 Gillespie Drive is a multi-family home for sale in Spring Valley, CA 91977. This property was listed for sale on March 8, 2026 by Cabrillo Mortgage & Realty Service, it's currently listed at $1,075,000. This listing's school districts are La Mesa-Spring Valley School District, Grossmont Union High School District. Nearby schools include Kempton Street Elementary School, Science, Technology, Engineering, Arts, And Math Academy At La Presa and Mount Miguel High School. 1040 Gillespie Drive is a 7-bed, 4-bath, 2,729 sqft multi-family home built in 2021.

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Listing Courtesy of Cabrillo Mortgage & Realty Service, Brian Turner, DRE #01183765

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