8911 Troy Street

Spring Valley, CA 91977

$1,550,000
Price
20,948 / 0.48
Lot Size / Acres

Description

Renovated, 2-unit multifamily duplex with (5) rear storage sheds on 21K SF of commercially-zoned land. Commercial/mixed-use zoning (C-36), may allow for 16-20 unit and/or ADU development potential, possibly more with County-approved affordable density bonuses. Seller spared no expense in renovating these units - all new electrical, plumbing, and exterior/interior renovations. Assessor has deemed unit condition to be "equivalent of new". Turn-key condition for immediate cash flow during entitlements....Renovated, 2-unit multifamily duplex with (5) rear storage sheds on 21K SF of commercially-zoned land. Commercial/mixed-use zoning (C-36), may allow for 16-20 unit and/or ADU development potential, possibly more with County-approved affordable density bonuses. Seller spared no expense in renovating these units - all new electrical, plumbing, and exterior/interior renovations. Assessor has deemed unit condition to be "equivalent of new". Turn-key condition for immediate cash flow during entitlements. (1) 2bed/1bath front house with private front yard + rear (1) 1bed/1bath. Plenty of room to add on and expand units and to redevelop. At least 35 parking spaces in current configuration, which may allow for additional income during entitlements. 5 rear storage sheds for additional income. Estimated $7K/month in gross achievable income in current configuration. High-traffic, family-friendly Spring Valley location near amenities, parks, schools, restaurants/retail, freeways, and public transit.
  1. Listed by Max Delbecq • DRE #01964069 • Brokerage DRE #02059064 • Top Gun CRE • maxd@topguncre.com
  2. Listed by Kenneth Herskind • DRE #01872460 • Brokerage DRE #02059064 • Top Gun CRE

Property Details for 8911 Troy Street

View
Neighborhood
Parking Spaces Total
0
Lot Size Source
Public Records
Assessor Parcel Number
503-290-08-00
New Construction
Yes
Pool
No
View
Yes
Association
No

Location

Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069; Top Gun CRE, Kenneth Herskind, DRE #01872460
Add your commute
LISTING UPDATED: 03/27/2024 10:17 PM

Property Details for 8911 Troy Street

StatusActive
MLS #PTP2400394
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.48 AC
CountySan Diego County

Location

Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069; Top Gun CRE, Kenneth Herskind, DRE #01872460
Add your commute

Virtual Tour

Building Information for 8911 Troy Street

Lot Size0.48 AC

Payment Calculator

$9,043 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8911 Troy Street

Community / Development
Community / Development
  • Assessments YN: No
  • Community Features: Curbs, Foothills, Horse Trails, Sidewalks, Street Lights, Suburban, Valley, Biking, Hiking, Park
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
  • Miscellaneous: Value in Land
Distance To
  • Distance To Water: Buyer to verify
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Lot 20000-39999 Sqft, Level, Near Public Transit, Paved, Utilities - Overhead, Value In Land, Yard
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 8911 Troy 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 8911 Troy Street

Taxable ValueLand$312,120Additions$234,090Total$546,210
Tax Record2023$7,005 ($584 / month)
Home Facts
Beds4Total Finished SqFt1,458 SqFtAbove Grade Finished SqFt1,458 SqFtLot Size20,948 SqFtStyleSingle Family ResidenceYear Built1961ZoningR-1:SINGLE FACountySAN DIEGOAPN503-290-08-00

Schools near 8911 Troy 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.

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8911 Troy Street is a 0.48 ac of land for sale in Spring Valley, CA 91977. This property was listed for sale on January 19, 2024 by Top Gun CRE, it's currently listed at $1,550,000. It has been on the market for a total of 104 days and was last sold on April 30, 2007. This listing's school districts are Grossmont Union High School District, La Mesa-Spring Valley School District. Nearby schools include Bancroft Elementary School, Science, Technology, Engineering, Arts, And Math Academy At La Presa and Monte Vista High School. 8911 Troy Street is a 0-bed, 0-bath, 0.48 ac of land on a 20,948 sq. ft. / 0.48 acres lot.

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Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069; Top Gun CRE, Kenneth Herskind, DRE #01872460

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