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3420 Bancroft Dr
Spring Valley, CA 91977
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Excellent unit mix of all 2-Bedroom/1-Bathroom
- 1989 construction, gated entry, pitched roof, on-site laundry, large 10,360 Sq. Ft. lot
- Potential to add a large ADU (sixth unit), concrete parking lot with 8 spaces
- Approximately 35-40% upside in rental income after renovations are completed
- Select units have private yard spaces, patios, and balconies
- Newer AC units installed, beautiful landscaping , opportunity to implement RUBS
Property Facts
| No. Units | 5 | Building Size | 3,630 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | C | Parking Ratio | 2.2/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | R-3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,630 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.2/1,000 SF |
| Zoning | R-3 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
- Dining Room
- Freezer
- Handrails
- Lawn
- Patio
- Porch
Site Amenities
- Fenced Lot
- Laundry Facilities
- Gated
- Recycling
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $1,543 | 726 |
Property Taxes
| Parcel Number | 503-100-01 | Improvements Assessment | $465,000 |
| Land Assessment | $800,000 | Total Assessment | $1,265,000 |
Property Taxes
Parcel Number
503-100-01
Land Assessment
$800,000
Improvements Assessment
$465,000
Total Assessment
$1,265,000
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