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Property for sale: 4032-4034 N Bonita St. in Spring Valley

4032-4034 N Bonita St. Spring Valley

Main Photo: Property for sale: 4032-4034 N Bonita St. in Spring Valleybanner
$2,210,000 /252778.0
Prop. Type:
Com-Res Income
MLS® Num:
210002621
Status:
Sold
Sold Date:
Mar 29, 2021
Year Built:
1950
Superior unit mix of one-2 bed/1.5 bath detached house and eight-2 bed/one bath apartments. *There is an additional non-permitted one bed/one bath unit below the house. Built in 1950. Almost all units have been renovated upon turnover. Seller has done about $220k of renovations with a new roof on the detached house and interior upgrades. Laundry room with owned newer Speed Queen Quantum Gold top of the line washer/dryers. Density bonus law of 2018 grants the right of owners of multifamily assets to convert non-permitted residential space to permitted. Local jurisdiction, San Diego County, has 60 days to approve the conversion. That means relatively easy recognition or legalization of a non-permitted unit. Part of a 6 asset portfolio, all of which are available individually.
Price:
$2,210,000 /252778.0
Property Type:
Com-Res Income
Year Built:
1950
Floor Area:
Switch units of measure15,564 sq. ft.
Lot Size:
Switch units of measure15,681.6 sq. ft.
MLS® Num:
210002621
Status:
Sold
Data was last updated April 21, 2021 at 03:10 AM (UTC)
Alvaro Virissimo Broker
Cell:619-300-9114
Fax:619-313-4213
DRE#:01492265
Triple Advantage Real Estate
10755 Scripps Poway Pkwy #439
San Diego, CA
92131 US


Sarrah Virissimo

 

Sarrah@sdtripleadvantage.com


Cell:     619-920-2581

Fax:     619-313-4213

DRE#:         01887301

  

Triple Advantage Real Estate

10755 Scripps Poway Pkwy #439

San Diego, CA

92131 US