1403 Capistrano Ave, Spring Valley, CA 91977

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Property Description

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.


Interior Features

Laundry Information
Location(s) In Garage, See Remarks
Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 4
Flooring Information
Material Carpet, Tile
Interior Information
Features Built-in Features, Balcony, Ceiling Fan(s), Living Room Deck Attached, Multiple Staircases, Pantry, All Bedrooms Up, Walk-In Pantry, Walk-In Closet(s)
Cooling Type Central Air, Electric, Gas

Listing Information

Address 1403 Capistrano Ave
City Spring Valley
State CA
Zip 91977
County San Diego
Listing Agent Najla Wehbe Dipp DRE #02024371
Courtesy Of eXp Realty of Southern California, Inc.
List Price $999,999
Status Pending
Type Residential
Subtype Single Family Residence
Structure Size 2,931
Lot Size N/A
Year Built 1991

Listing information courtesy of: Najla Wehbe Dipp, eXp Realty of Southern California, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 28th, 2024 at 1:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.