UNITED STATES / CA / Spring Valley / East County

3163 Bancroft

Spring Valley, CA 91977

$1,294,000
PRICE
2
BEDS
1
BATHS


​​​​​​​MLS ID: 160016079

About 3163 Bancroft

Well maintained apartment complex. Remodeled back in 2007 with new dual pane windows and new stucco all around. Tile flooring on 90 percent of units for easy turn around. Roof in great condition, plumbing in great condition. Concrete driveway all around. No maintenance needed Consistent long term tenants, very quiet and nice tenants. Easy Management and Rentals, and Very Low Actual Vacancy. Low maintenance cost, Ample parking plus common laundry with 5 washers and 5 dryers with built in coin changer and stamp machine. Lots of room for expansion and rent increases. This investment should provide a good cash flow or Wonderful development opportunity !!!! check with City to build up 11 units on this giant 28,000 SQ FT lot !! County is willing to work with you on your project !!! currently 11 units with 5 mobile homes generating a ton of money.But the 5 Mobile Homes. Do not walk on property or disturb tenants.

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Features

General:
0.47 Acres
Number of Units:
16
Price Per Unit:
80875

Location

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