1605 Presioca Street

Spring Valley, CA 91977

$4,475,000
Last Sold Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
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.
  1. Listed by Jason J Lee • DRE #02068011 • JLM Real Estate Inc.

Property Details for 1605 Presioca Street

City Postal ID
SPRING VALLEY (91977)

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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LISTING UPDATED: 04/14/2022 11:37 AM

Property Details for 1605 Presioca Street

StatusSold
MLS #210029471
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size-
CountySan Diego County

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

Add your commute

Payment Calculator

$29,524 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,422

Property Taxes

$5,102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1605 Presioca Street

Summary Information
Property and Location
  • System ID: 210029471
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 1605
  • Street Name: Presioca St
  • Market Area: East County
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 578-160-09-00
Multi Family Information
Unit 1
  • Unit Rent: 1400
  • Unit Rent Total: $22,400
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 2
Building Details
  • Have: Property
  • Motive/Want: Sell
  • SqFt of Improvement: 13,056

Property History for 1605 Presioca Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1605 Presioca Street

Taxable ValueLand$2,550,000Additions$2,014,500Total$4,564,500
Tax Record2023$61,224 ($5,102 / month)
Home Facts
Total Finished SqFt13,056 SqFtAbove Grade Finished SqFt13,056 SqFtLot Size24,393 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningCOMMERCIALCountySAN DIEGOAPN578-160-09-00

Schools near 1605 Presioca Street

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

Monte Vista 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.

Similar Homes

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Similar Sold Homes

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

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