Joe McLaughlin / Broker Associate

My Office Listings

9115-91117 Valencia St
East County Spring Valley 91977

$1,049,000
2-4 Units built: 1981

Main Photo: SPRING VALLEY Property for sale: 9115-91117 Valencia St
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Status:
Contingent
Prop. Type:
2-4 Units
MLS® Num:
250022716
Year Built:
1981
Discover this exceptional investment opportunity currently generating great income, making it a highly profitable choice for investors or traditional buyers looking to live in one unit while renting out the other. With separate water and gas meters for each unit, this investment is as practical as it is appealing. Featuring two identical, thoughtfully designed units, each offering 3 bedrooms and 2.5 baths, these mirror-image residences come with an attached 2.5-car garage and a fully fenced private backyard—ideal for outdoor privacy and relaxation. Step inside to an open-concept layout seamlessly connecting the kitchen and living room, creating an inviting space perfect for entertaining and daily living. The spacious master suite impresses with two oversized closets, offering ample storage and a touch of luxury. Each unit is adorned with beautiful features and boasts a modern, updated aesthetic that appeals to both residents and tenants alike. Situated in a quiet, secluded neighborhood with lush greenery, this property provides a serene retreat while still offering incredibly easy freeway access for convenient commuting. Don't miss out on this unique chance to secure a property that offers both a home and a lucrative income opportunity in one. *** Photos were taken when the units were vacant a year ago; current tenant occupancy means they may look different now.**
Lot Size:
4,000-7,499 SF
Number of Buildings:
1
Number of Units:
2
Year Built:
1981
Stories:
2 Story
Total Stories:
2
Market Area:
East County
Community:
SPRING VALLEY
County:
San Diego
Neighborhood Code:
Spring Valley
Name of Complex/Subdivision:
N/A
Home Owner Fees:
0.0
Home Owner Fees Include:
Other/Remarks
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV, Electricity, Gas/Propane, Hot Water
Other income:
0
Annual expense actual:
18204
Cap Rate.:
5.75
Gross Rent Multiplier:
13.37
Gross scheduled income:
78480
Finished Area for Unit 1:
1,450 sq. ft.
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
3
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
1
Deposit for Unit 1:
3345.0
Total Rent for Unit 1:
3345.0
Total Garage Spaces for Unit 1:
2
Garage for Unit 1:
Attached
Parking for Unit 1:
Carport
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Finished Area for Unit 2:
1,450 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
3
Full Bathrooms for Unit 2:
2
Half Bathrooms for Unit 2:
1
Deposit for Unit 2:
3195.0
Total Rent for Unit 2:
3195.0
Total Garage Spaces for Unit 2:
2
Garage for Unit 2:
Attached
Parking for Unit 2:
Carport
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
Bancroft Dr
Complex Features:
BBQ
Frontage:
2900'
Exposure Front:
N/K
Exterior Features:
Stucco
Cooling:
Central Forced Air
Heating:
Forced Air Unit
Heating fuel:
Electric, Natural Gas
Irrigation:
Sprinklers
Number of Units with Cooling:
2
Number of Units with Dishwashers:
2
Number of Units with Dryers:
2
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
2
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
2
Roof:
Composition
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cal Vet, Cash, Conventional, Exchange, FHA, VA
Parcel Number:
504-192-49-00
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Data was last updated May 12, 2025 at 07:10 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$1,242,000
Min list price:
$748,500
Max list price:
$4,290,000
Avg days on market:
50
Min days on market:
3
Max days on market:
479
Avg price per sq.ft.:
$121.81
These statistics are generated based on the current listing's property type and located in East County. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.