1403 Capistrano Ave, Spring Valley

Spring Valley Home For Sale

Discover the perfect blend of comfort and potential income with this stunning single-family home plus an additional unit, ideally located in a Cul-de-sac, on the serene slopes of Dictionary Hill with breathtaking views of the reservoir. Assumable VA loan at an incredibly low rate of 2.8%. ***Main Residence Highlights: This home features 4 bedrooms and 2.5 bathrooms, providing ample space for relaxation and entertainment. The main floor boasts a stylish blue kitchen with quartz countertops and a cozy fireplace in the living room. Two balconies, one off the dining room and another off the living room, offer spectacular views and perfect spots for hosting. The lower level houses four large bedrooms and two full bathrooms. The primary suite includes a luxurious bathroom with a soaking tub, shower, and double sinks, and provides access to a large deck with stunning views. Fully remodeled about five years ago, ensuring modern comfort and style. ***Additional unit Features: Contemporary Living. Built just one year ago, this 2-bedroom, 1-bathroom It offers independence with its own entrance and a small balcony off the front door. The interior includes a fireplace in the living room and a luxurious shared bathroom, making it a comfortable living space. ***A shared huge backyard offers endless possibilities for outdoor activities and gatherings. ***Investment Potential: Attractive cap rate of 7.9% with current rents of $4,650 for the main house and $2,600 for the other unit. ***Perfect mix of residential charm and investment savvy with expansive views and a peaceful hillside setting.

Property Details

1403 Capistrano AveSquare Ft: 2,931Bedrooms: 6Bathrooms: 4Price: $1,050,000Zip: 91977
MLS® #: 240010088SDNeighborhood: Spring ValleyLevels: Three Or MoreGarages: 2School District: Days on Market: 39Listed By: Najla Wehbe Dipp, eXp Realty of Southern California, Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
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Additional Information

  • City:
    Spring Valley
  • County:
    San Diego
  • Zip:
    91977
  • MLS® #:
    240010088SD
  • Bedrooms:
    6
  • Bathrooms:
    4
  • Square Ft:
    2,931
  • Lot Size:
    0.00
  • Neighborhood:
    Spring Valley
  • Levels:
    Three Or More
  • Garages:
    2
  • HOA Dues:
    $

Price Change History for 1403 Capistrano Ave, Spring Valley, (MLS® #240010088SD)

Date Details Price Change
Price Reduced (from $1,100,000) $1,050,000 $50,000 (4.55%)
Active
Pending (from Active)
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Based on information from California Regional Multiple Listing Service, Inc. as of July 3rd, 2024 at 7:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.