1605 Presioca Street

Sold 4/12/22

Sold

Last Sold Price

$4,475,000

2 beds2 baths13,056 sqft

1605 Presioca St, Spring Valley, CA 91977

Multi FamilyProperty Type

$343/sq ftPrice per sq ft

Description

The Hillside Terrace Apartments are a 16 Unit apartment complex built in 1986 with all 2 bed/2 bath units. The current owner has renovated half of the units on the property and two of the units are renting for $1900 and $1950, a great benchmark for what the rents could be if every unit was stabilized and brought to market rent. This property also consists of 3 single car garages and 19 off street parking spaces.The Hillside Terrace Apartments are a 16 Unit apartment complex built in 1986 with all 2 bed/2 bath units. The current owner has renovated half of the units on the property and two of the units are renting for $1900 and $1950, a great benchmark for what the rents could be if every unit was stabilized and brought to market rent. This property also consists of 3 single car garages and 19 off street parking spaces.

Listed by: Jason J Lee 619.891.0403 jlee@greysteel.com DRE #02068011 • JLM Real Estate Inc

Listing closed: 04/12/2022 12:00 AM • Source: SDMLS, MLS#: 210029471

Recent comparable sales

Median sold price

$452,000

Avg days on market

Sale-to-list ratio

97.3%

a front view of a house with yard and parking space

1/17

$4,150,000

Sold 12/16/25

5
Bedrooms: 2
Bathrooms: 10,188
Square Feet: Unavailable
Acres

9258 Birch Street, Spring Valley, CA 91977

$415,000

Sold 07/09/25

2
Bedrooms: 2
Bathrooms: 869
Square Feet: Unavailable
Acres

9270 Amys Street, Unit 39, Spring Valley, CA 91977

a view of a balcony with wooden floor and a yard

$475,000

Sold 04/01/26

2
Bedrooms: 2
Bathrooms: 869
Square Feet: Unavailable
Acres

9270 Amys Street, Unit 40, Spring Valley, CA 91977

an aerial view of a house with swimming pool garden and patio

1/42

$435,000

Sold 09/10/25

2
Bedrooms: 2
Bathrooms: 869
Square Feet: 9.16
Acres

9270 Amys Street, Unit 13, Spring Valley, CA 91977

a view of a house with backyard and sitting area

1/25

$620,000

Sold 10/16/25

2
Bedrooms: 2
Bathrooms: 1,112
Square Feet: 0.19
Acres

1130 Buena Vista Avenue, Spring Valley, CA 91977

1/30

$452,000

Sold 05/07/25

2
Bedrooms: 2
Bathrooms: 824
Square Feet: 1.12
Acres

1145 Helix Street, Unit 3, Spring Valley, CA 91977

a view of empty room with window and wooden floor

$455,735

Sold 01/20/26

2
Bedrooms: 2
Bathrooms: 824
Square Feet: 1.12
Acres

1145 Helix Street, Unit 4, Spring Valley, CA 91977

$419,900

Sold 03/18/26

2
Bedrooms: 2
Bathrooms: 824
Square Feet: Unavailable
Acres

1145 Helix Street, Unit 5, Spring Valley, CA 91977

$157,500

Sold 08/17/26

2
Bedrooms: 2
Bathrooms: 1,200
Square Feet: 0.01
Acres

1815 Sweetwater, Unit 1, Spring Valley, CA 91977

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Location

Listing Courtesy of JLM Real Estate Inc, Jason J Lee, DRE #02068011

Sold By Out of Area Office, Out of Area Agent, DRE #0000000000

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$29,383 per month

30 year fixed, 7.03% Interest

Principal and Interest

$23,890

Property Taxes

$5,493

HOA Dues

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Property Information for 1605 Presioca Street

Property Details

MLS Type: Commercial-Res Income / Com-Res Income
County: San Diego County
Area Zip: SPRING VALLEY (91977)
Standard Status: Closed

Building Information

Residences: 16

Summary

Location and General Information

Coordinates: -117.001224, 32.720058
Latitude: 32.720058

Longitude: -117.001224
MLS Area Major: East County

Virtual Tour

Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/snd/210029471
PPInsta: https://www.propertypanorama.com/instaview/snd/210029471

Property

Lot Information

Building Area Total: 13056.0
Building Area Units: Sqft

Living Area: 13056
Living Area Units: Sqft
Lot Size Area: 0.0
Lot Size Units: Acres
Lot Size:

Property and Assessments

Property Sub Type: Com-Res Income
Property Type: Residential Income

Year Built: 0
Assumable Finance: 0.0

Interior and Exterior Features

Interior Features

Bathrooms Half: 0
Bedrooms Count: 2

Baths Total: 2.0

Multi Family

Income & Expenses

Operating Expense: $1,593,134
Proj Gross Multiplier: 11.3

Gross Scheduled Income: $26,800

Multi Family Information

Unit Rent1: 1400
Num of Units1: 16

Unit Rent Total1: $22,400
Number Of Units Total: 16

Property History for 1605 Presioca Street

Date	Event & Source	Price	Appreciation
Apr 12, 2022	Sold SDMLS #210029471	$4,475,000	—
Mar 6, 2022	Sold (Public Record) Public Record #1487378478	$4,475,000	+11.7% / yr
Jan 2, 2022	Pending SDMLS #210029471		—
Oct 21, 2021	Listed (Active) SDMLS #210029471	$4,500,000	—
Jul 8, 2019	Expired SDMLS #190006087		—
Jan 31, 2019	Listed (Active) SDMLS #190006087	$3,695,000	—
Mar 10, 2017	Sold (Public Record) Public Record #590029708	$2,575,000	+12.7% / yr
Mar 10, 2017	Sold SDMLS #160059399	$2,575,000	—
Jan 3, 2017	Pending SDMLS #160059399		—
Nov 2, 2016	Listed (Active) SDMLS #160059399	$2,880,000	—
May 31, 2013	Sold SDMLS #120049721	$1,625,000	—
May 4, 2013	Sold (Public Record) Public Record #353580175	$1,625,000	+9.8% / yr
Mar 28, 2013	Pending SDMLS #120049721		—
Oct 2, 2012	Listed (Active) SDMLS #120049721	$1,695,000	—
May 14, 2012	Expired SDMLS #110028554		—
May 14, 2011	Listed (Active) SDMLS #110028554	$1,900,000	—
Jan 26, 2005	Sold (Public Record) Public Record #150367071	$750,500	-47.8% / yr
Oct 30, 2004	Expired SDMLS #46047059		—
Jul 30, 2004	Listed (Active) SDMLS #46047059	$2,320,000	—
Nov 12, 2003	Sold SDMLS #36038061	$1,660,000	—
Nov 7, 2003	Sold (Public Record) Public Record #123680779	$1,660,000	+4.6% / yr
Jul 15, 2003	Pending SDMLS #36038061		—
Jul 9, 2003	Listed (Active) SDMLS #36038061	$1,690,000	—
Jun 4, 1990	Sold (Public Record) Public Record #31776562	$902,600	—

Date	Event & Source	Price
04/12/2022	Sold SDMLS #210029471	$4,475,000
03/06/2022	Sold (Public Record) Public Record #1487378478	$4,475,000 +11.7% / yr
01/02/2022	Pending SDMLS #210029471	—
10/21/2021	Listed (Active) SDMLS #210029471	$4,500,000
07/08/2019	Expired SDMLS #190006087	—
01/31/2019	Listed (Active) SDMLS #190006087	$3,695,000
03/10/2017	Sold (Public Record) Public Record #590029708	$2,575,000 +12.7% / yr
03/10/2017	Sold SDMLS #160059399	$2,575,000
01/03/2017	Pending SDMLS #160059399	—
11/02/2016	Listed (Active) SDMLS #160059399	$2,880,000
05/31/2013	Sold SDMLS #120049721	$1,625,000
05/04/2013	Sold (Public Record) Public Record #353580175	$1,625,000 +9.8% / yr
03/28/2013	Pending SDMLS #120049721	—
10/02/2012	Listed (Active) SDMLS #120049721	$1,695,000
05/14/2012	Expired SDMLS #110028554	—
05/14/2011	Listed (Active) SDMLS #110028554	$1,900,000
01/26/2005	Sold (Public Record) Public Record #150367071	$750,500 -47.8% / yr
10/30/2004	Expired SDMLS #46047059	—
07/30/2004	Listed (Active) SDMLS #46047059	$2,320,000
11/12/2003	Sold SDMLS #36038061	$1,660,000
11/07/2003	Sold (Public Record) Public Record #123680779	$1,660,000 +4.6% / yr
07/15/2003	Pending SDMLS #36038061	—
07/09/2003	Listed (Active) SDMLS #36038061	$1,690,000
06/04/1990	Sold (Public Record) Public Record #31776562	$902,600

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

Public records

1605 Presioca Street

Baths

Total Finished SqFt

3,056 SqFt

Above Grade Finished SqFt

3,056 SqFt

Stories

Lot Size

24,394 SqFt

Style

Multi-Family Dwelling (2-4)

Schools near 1605 Presioca Street

This home is within Grossmont Union High School District.


Rating	School	Type	Grades	Distance
3/10	Bancroft Elementary School	Public - Serves this home	K to 8	0.8 mi
6/10	Science, Technology, Engineering, Arts, And Math Academy At La Presa	Public - Serves this home	5 to 8	0.6 mi
6/10	Monte Vista High School	Public - Serves this home	9 to 12	2.0 mi
NR	Trust Blended Learning	Public - Nearby school	K to 8	2.2 mi
8/10	Sparrow Academy	Charter - Choice school	K to 5	2.6 mi
6/10	The Learning Choice Academy - East County	Charter - Choice school	K to 12	2.6 mi


Rating	School	Distance
3/10	Bancroft Elementary School PublicK to 8 Serves this home	0.8 mi
6/10	Science, Technology, Engineering, Arts, And Math Academy At La Presa Public5 to 8 Serves this home	0.6 mi
6/10	Monte Vista High School Public9 to 12 Serves this home	2.0 mi
NR	Trust Blended Learning PublicK to 8 Nearby school	2.2 mi
8/10	Sparrow Academy CharterK to 5 Choice school	2.6 mi
6/10	The Learning Choice Academy - East County CharterK to 12 Choice school	2.6 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1605 Presioca Street, Spring Valley, CA 91977	$4,475,000	2	2	13,056	–
1604 Presioca Street, Unit 9, Spring Valley, CA 91977	$395,000	2	2	1,008	47,916
1604 Presioca Street, Unit 3, Spring Valley, CA 91977	$437,000	2	2	1,008	–
1604 Presioca Street, Unit 16, Spring Valley, CA 91977	$450,000	2	2	1,036	–
1604 Presioca Street, Unit 26, Spring Valley, CA 91977	$445,000	2	2	1,036	–
1604 Presioca Street, Unit 15, Spring Valley, CA 91977	$436,500	2	2	1,036	47,930
1604 Presioca Street, Unit 23, Spring Valley, CA 91977	$470,000	2	2	1,008	1,008
1604 Presioca Street, Unit 13, Spring Valley, CA 91977	–	2	1.5	1,036	–
1604 Presioca Street, Unit 1, Spring Valley, CA 91977	–	2	1.5	1,036	–
1604 Presioca Street, Unit 20, Spring Valley, CA 91977	–	2	1.5	1,036	–
1604 Presioca Street, Unit 10, Spring Valley, CA 91977	$125,000	2	1.5	1,036	–
1604 Presioca Street, Unit 12, Spring Valley, CA 91977	$70,000	2	2	1,008	–
1604 Presioca Street, Unit 17, Spring Valley, CA 91977	$105,000	2	1.5	1,036	–
1604 Presioca Street, Unit 30, Spring Valley, CA 91977	$170,000	2	1.5	1,036	–
1604 Presioca Street, Unit 27, Spring Valley, CA 91977	$178,000	2	2	1,036	–
1604 Presioca Street, Unit 2, Spring Valley, CA 91977	$78,000	2	1.5	1,036	–

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Listing Courtesy of JLM Real Estate Inc, Jason J Lee, DRE #02068011

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1605 Presioca St, Spring Valley, CA 91977

Spring Valley, CA

Property Details

Building Information

Summary

Property

Interior and Exterior Features

Multi Family

Baths

Total Finished SqFt

Above Grade Finished SqFt

Stories

Lot Size

Style

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