1403 Capistrano Ave, Spring Valley

Spring Valley Home For Sale

Discover unparalleled comfort & investment potential with this exquisite property, featuring a single-family home + an additional unit, nestled in a tranquil cul-de-sac on the scenic slopes of Dictionary Hill, offering breathtaking reservoir views. FINANCING BENEFITS: take advantage of an assumable VA loan w/ 2.875% if you have VA entitlement. Or seller will also consider a 1-1 rate buydown. MAIN RESIDENCE HIGHLIGHTS: 4 bedrooms/2.5 bathrooms, providing ample space for relaxation & entertainment. Stylish blue kitchen w/quartz countertops. (Pictures show kitchen virtually modified into white as well). Cozy fireplace to enjoy the warmth and ambiance in the living room. Spectacular views throughout multiple balconies. Lower level includes four large bedrooms and two full bathrooms. The primary suite features a luxurious bathroom with a soaking tub, shower, double sinks, and access to a large deck with stunning views. Modern comfort and style with a full remodel completed five years ago. ADDITIONAL UNIT FEATURES: Built just one year ago, this 2-bedroom 1-bathroom unit offers independence with its own entrance and a small balcony off the front door. Includes a fireplace in the living room and a luxurious shared bathroom, ensuring a comfortable living space. OUTDOOR SPACE: A huge backyard offers endless possibilities for outdoor activities and gatherings. INVESTMENT OPPORTUNITY: Current rents are $4,650 for main house & $2,600 for additional unit, providing a strong cap rate of 7.9%. Dual living spaces are perfect for generating rental income or accommodating extended family.

Property Details

1403 Capistrano AveSquare Ft: 2,931Bedrooms: 6Bathrooms: 4Price: $1,050,000Zip: 91977
MLS® #: 240017822SDNeighborhood: Spring ValleyLevels: Three Or MoreGarages: 2School District: Listed By: Najla Wehbe Dipp, eXp Realty of Southern California, Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • City:
    Spring Valley
  • County:
    San Diego
  • Zip:
    91977
  • MLS® #:
    240017822SD
  • Bedrooms:
    6
  • Bathrooms:
    4
  • Square Ft:
    2,931
  • Lot Size:
    0.00
  • Neighborhood:
    Spring Valley
  • Levels:
    Three Or More
  • Garages:
    2
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of July 31st, 2024 at 11:20am 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.