3827 Conrad Drive

3827 Conrad Drive

Spring Valley, CA 91977

$11,650,000
Last Sold Price
5
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Sold 3/30/23

Sold 3/30/23

an aerial view of multiple house
a view of a house with backyard and sitting area
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a view of a kitchen with a refrigerator and a stove top oven
a view of a kitchen cabinets and wooden floor
a view of washer and dryer in a room
a workspace with furniture and wooden floor
a bathroom with a bathtub a sink and a mirror
a view of a swimming pool with a lounge chairs

Description

Spring Valley 44, a 44-unit apartment community, located in the Casa de Oro neighborhood of Spring Valley. Built in 1971, the property features 17 one-bedroom/ one-bathroom units, 11 two-bedroom/one-bathroom units, and 16 two-bedroom/ two-bathroom units. Spring Valley 44 is comprised of four buildings and is located on a 1.05-acre lot. Spring Valley 44 offers investors the opportunity to acquire a stable asset in a preferred Casa de Oro community with the ability to continue to capture upside in...Spring Valley 44, a 44-unit apartment community, located in the Casa de Oro neighborhood of Spring Valley. Built in 1971, the property features 17 one-bedroom/ one-bathroom units, 11 two-bedroom/one-bathroom units, and 16 two-bedroom/ two-bathroom units. Spring Valley 44 is comprised of four buildings and is located on a 1.05-acre lot. Spring Valley 44 offers investors the opportunity to acquire a stable asset in a preferred Casa de Oro community with the ability to continue to capture upside in rental income through renovation of the units. The immediate surrounding community is comprised of residential housing, schools, and local retail outlets. Residents will enjoy the Property’s many common area amenities, including open parking, gated swimming pool, and on-site laundry facilities. Each unit has a generous amount of square footage and feature fully equipped kitchens with dishwashers, private patios (select units), and upgraded LVT (faux wood) flooring (select units). Located 11 miles East of San Diego, Spring Valley is the country’s largest unincorporated community and it is comprised of rolling hills and countryside. Named for the fresh water spring located there, the community boasts an enviable climate influenced by ocean currents and winter temperatures averaging 61 degrees. Residents enjoy the country feel, but have close proximity to employment, dining and retail via the 94 and 125 freeways.
  1. Listed by Chris Roberson • DRE #01935221 • Endeavor

Property Details for 3827 Conrad Drive

City Postal ID
SPRING VALLEY (91977)

Location

Listing Courtesy of Endeavor, Chris Roberson, DRE #01935221

Sold By Pursuit Realty, Christopher Roberson, DRE #01840360

Add your commute
LISTING UPDATED: 05/30/2023 04:46 PM

Property Details for 3827 Conrad Drive

StatusSold
MLS #220024073
Days on Market157
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 Endeavor, Chris Roberson, DRE #01935221

Sold By Pursuit Realty, Christopher Roberson, DRE #01840360

Add your commute

Payment Calculator

$74,477 per month

30 year fixed, 7.25% Interest

Principal and Interest

$63,579

Property Taxes

$10,898

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3827 Conrad Drive

Summary Information
Property and Location
  • System ID: 220024073
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 3827
  • Street Name: Conrad Drive
  • Market Area: East County
Interior and Exterior Features
Exterior Features
  • Exterior: Fully Landscaped
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 500-182-09
Multi Family Information
Unit 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 1
Unit 3
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Number of Bathrooms: 2
Building Details
  • Age: 1971
  • Amenities: BBQ, Heated Pool
  • Construction: Stucco
  • Have: Yes
  • Motive/Want: 1031
  • Parking: Spaces
  • SqFt of Improvement: 36,960
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: Y

Property History for 3827 Conrad Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3827 Conrad Drive

Taxable ValueLand$4,161,600Additions$5,410,080Total$9,571,680
Tax Record2023$130,771 ($10,898 / month)
Home Facts
Total Finished SqFt36,960 SqFtAbove Grade Finished SqFt36,960 SqFtLot Size45,738 SqFtStyleMulti-Family Res (5+ Units)Year Built1971ZoningCOMMERCIALCountySAN DIEGOAPN500-182-09-00

Schools near 3827 Conrad Drive

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Casa De Oro Elementary School
Public - K to 6
Spring Valley Middle School
Public - 5 to 8
Monte Vista High School
Public - 9 to 12
Sparrow Academy
Charter - K to 8
Rating
School
Distance
Casa De Oro Elementary School
PublicK to 6

Spring Valley Middle School
Public5 to 8

Monte Vista High School
Public9 to 12

Sparrow Academy
CharterK 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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Listing Courtesy of Endeavor, Chris Roberson, DRE #01935221

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