Last Sold Price
4 beds1,488 sqft$257/sqft
8948 Lamar St, Spring Valley, CA 91977

Description

Traditional sale. Two houses one large lot located at end of dead end street. Single story separate houses with attached one car garages plus one parking space per house. Large yard on 8948 Lamar. Assessor records show only 8948 but it is 8948-8952 Lamar Street. Located on small street right off Lamar. Note signs on Lamar that show street numbers. Long time owners. Managed for 10 plus years by MTM Prop Mgmt. Lots space on lots. Possible expansion on 8948 Lamar. Quiet low traffic street. Potential...Traditional sale. Two houses one large lot located at end of dead end street. Single story separate houses with attached one car garages plus one parking space per house. Large yard on 8948 Lamar. Assessor records show only 8948 but it is 8948-8952 Lamar Street. Located on small street right off Lamar. Note signs on Lamar that show street numbers. Long time owners. Managed for 10 plus years by MTM Prop Mgmt. Lots space on lots. Possible expansion on 8948 Lamar. Quiet low traffic street. Potential

Great opportunity to live in one unit and continue to rent out other unit. Lots of potential for rent increases due to market availability of rentals in area. Mortgage rates should make this a great investment. Located on over one third of an acre on flat level lot. Placement of the two separate houses makes this an ideal situation to consider adding another unit. Great parking available currently for each unit. Has 1 car attached garages and additional patio style parking plus driveway for each unit. Long time family owned property with lots of upside.
LISTING CLOSED: 05/22/2015 12:00 AM

  1. Listed by Marvin Gergen • DRE #00586504 • MTM Property Management &Real • 619-992-8112

Property Details for 8948 Lamar Street

Status
MLS #
140064748
Days on Market
118
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1971
Lot Size
0.32 AC / 13,939 SF
Area
Other (LCOTH)
Neighborhood
Spring Valley
Community
SPRING VALLEY
View Description
N/K
City Postal ID
SPRING VALLEY (91977)
Cross Street(s)
Bancroft and Lamar

Location

Listing Courtesy of MTM Property Management &Real, Marvin Gergen, DRE #00586504

Sold By The Davidson Group Realty, Alisa D. Livesley, DRE #01919543

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Building Information for 8948 Lamar Street

Stories1Residences-Year Built1971Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$1,942 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,942

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8948 Lamar Street

Summary Information
Property and Location
  • System ID: 140064748
  • Class: 2-4 UNITS
  • Walk Score: 34
  • Levels: 1 Story
  • Year Built: 1971
  • Complex Features: N/K
  • Age Restrictions: N/K
  • Market Area: East County
  • Directions To Property: Bancroft south of 94; turn West on Lamar; right at sign that lists all homes on this dead end street. 8940-8952 on sign
  • Telecommunications: Cable (coaxial)
Parking
  • Parking for RV: None Known
HOA and Fees
  • Home Owner Fees: $0
  • Home Owners Fee Includes: N/K
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
  • Other Fee Type: N/K
Supplement
  • Supplement: Great opportunity to live in one unit and continue to rent out other unit. Lots of potential for rent increases due to market availability of rentals in area. Mortgage rates should make this a great investment. Located on over one third of an acre on flat level lot. Placement of the two separate houses makes this an ideal situation to consider adding another unit. Great parking available currently for each unit. Has 1 car attached garages and additional patio style parking plus driveway for each unit. Long time family owned property with lots of upside.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Wall/Gravity
  • Water Heater Type: Gas
  • Heat Source: Natural Gas
Exterior Features
  • Exterior: Wood/Stucco
  • Roof: Composition
  • Fencing: Partial
  • Security: N/K
  • Pool: N/K
  • Pool Heat: None Known
  • Spa Heat: None Known
Property Information
Property and Assessments
  • Total Stories: 1
  • Pets: Yes
  • Entry Only: Yes
  • Lot Size: .25 to .5 AC
  • Lot Size Source: Assessor Record
  • Lot Dimensions Approx: 60x210
  • Frontage: N/K
  • Topography: Level
  • Site: Public Street
  • Zoning: RV15
  • Complex/Park: none
  • Land Use Code: 0
  • Assessors Parcel Num: 5032713500
  • Miscellaneous: N/K
Utilities
  • Water: Meter on Property
  • Sewer/Septic: Sewer Connected
  • Irrigation: N/K
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 8948
  • Parking Garage Unit 1: Attached
  • Parking Non-Garage Unit 1: Detached
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $1,200
  • Unit 1 Estimated SqFt: 744
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: $1,350
  • Unit 1 Rent Actual: $1,250
Unit 2
  • Unit Num for Unit 2: 8952
  • Parking Garage Unit 2: Attached
  • Parking Non-Garage Unit 2: Detached
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $1,250
  • Unit 2 Estimated SqFt: 744
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Tenant
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Projected Rent: $1,350
  • Unit 2 Rent Actual: $1,300
Unit 3
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Unit 4 Num of Total Baths: 0
Building Details
  • Heating: Natural Gas

Property History for 8948 Lamar Street

DateEvent & SourcePriceAppreciation
May 22, 2015

Sold

SDMLS #140064748

$382,000
May 22, 2015

Sold

CRMLS #140064748

$382,000
May 22, 2015

Sold

CLAW #140064748MR

$382,000
DateEvent & SourcePrice
05/22/2015

Sold

SDMLS #140064748

$382,000
05/22/2015

Sold

CRMLS #140064748

$382,000
05/22/2015

Sold

CLAW #140064748MR

$382,000

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

Schools near 8948 Lamar Street

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Bancroft Elementary School
PublicK to 8

Spring Valley Middle School
Public6 to 8

Monte Vista High School
Public9 to 12

Sparrow Academy
CharterK to 5

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

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Listing Courtesy of MTM Property Management &Real, Marvin Gergen, DRE #00586504

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