Sold

1403 Capistrano Ave

Spring Valley CA, 91977

$1,000,000


$341.18 per sqft

Sold

6 Beds

4 Baths

2,931 sqft

Residential

Built in 1991

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 credit towards buyers closing costs or rate buydown. MAIN RESIDENCE HIGHLIGHTS: 4 bedrooms/2.5 bathrooms, providing ample space for relaxation & entertainment. Stylish blue kitchen w/quartz countertops. 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 >8%. Dual living spaces are perfect for generating rental income or accommodating extended family.

240017915

MLS ID

August 1, 2024

Listed

November 22, 2024

Updated

Map

1403 Capistrano Ave
Spring Valley CA, 91977

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

2 Staircases, Bathtub, Built-in Features, Ceiling Fan(s), Living Room Balcony, Living Room Deck Attached, Pantry, Remodeled Kitchen, Shower, Shower in Tub, Sump Pump, Kitchen Open to Family Rm


Appliances

Dishwasher, Disposal, Dryer, Washer, 6 Burner Stove, Gas & Electric Range


Laundry Description

Closet Stacked, In Garage


Floor Description

Carpet, Linoleum/Vinyl, Tile


Fireplace

Yes


Fireplace Description

Living Room, Electric, Gas


Cooling

Yes


Cooling Description

Central Air, Electric, Gas


Heating

Yes


Heating Description

Natural Gas, Zoned, Fireplace(s)

Exterior/Building Features

Lot Features

Cul-De-Sac, Irregular Lot


Architectual Style

Other


Roof

Shingle


Sewer

Sewer Connected, Public Sewer

Other Property Details

Area Name

East County


Days on Market

134


Garage

Yes


Garage Spaces

2


Parking

Garage(Attached, Garage - Front Entry, Garage - Single Door, Garage Door Opener), Non-Garage(Driveway, Street)


Parking Total

4


View

Yes


View Description

Panoramic, Valley/Canyon, Other/Remarks


County

San Diego


Water Source

Available, Meter on Property, Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

10/5/2024

Sold

$1,000,000

8/28/2024

Pending

Listed by eXp Realty of Southern California, Inc., Najla S Wehbe Dipp,
Listing Contact: 858-333-2455 

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