1040-1040.5 Gillespie Drive

Spring Valley, CA 91977

$1,175,000
Price
7
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity for investors! Situated at the end of a private road are two almost new full-sized detached manufactured homes on a large lot. The first is 4 bed 3 bath 1,546 sq ft. The second is 3 bed 2 bath 1,183 sq ft. Both have open floor plans with island kitchens, laundry rooms, master walk-in closets, 9' ceilings, tall windows and ceiling fans. Each has its on yard.Great opportunity for investors! Situated at the end of a private road are two almost new full-sized detached manufactured homes on a large lot. The first is 4 bed 3 bath 1,546 sq ft. The second is 3 bed 2 bath 1,183 sq ft. Both have open floor plans with island kitchens, laundry rooms, master walk-in closets, 9' ceilings, tall windows and ceiling fans. Each has its on yard.
  1. Listed by Brian Turner • DRE #01183765 • Brokerage DRE #01264205 • Cabrillo Mortgage & Realty Service

Property Details for 1040-1040.5 Gillespie Drive

Parking Spaces Total
0
Total Units
2.0
Lot Size Source
Public Records
Stories Total
1
Spa
No
View
No
Association Fee
$.00
Subdivision Name
Spring Valley
LISTING UPDATED: 11/18/2024 07:36 AM

Property Details for 1040-1040.5 Gillespie Drive

StatusActive
MLS #240026107SD
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2022
Lot Size-
CountySan Diego County

Building Information for 1040-1040.5 Gillespie Drive

Stories1Residences-Year Built2022Building Size-Lot Size-

Property Information for 1040-1040.5 Gillespie Drive

Rental Info
Rental Info
  • Tenant Pays: Trash Collection, Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $84,600
  • Net Operating Income: $73,800
  • Cap Rate: 6.3
Community / Development
Community / Development
  • Park Name: NONE
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater
  • Cooling: Central Air
Exterior Features
  • Roof: Composition
  • Fence: Yes
  • Fencing: Partial
Land/Lot Info
  • Levels: One
Unit Information
Unit 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,500
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,550
  • Unit Type Type: 2
Unit 3
  • Unit Type Baths Total: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Baths Total: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Buildings: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number With Patio: 2

Property History for 1040-1040.5 Gillespie Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1040-1040.5 Gillespie Drive

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 5 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Kempton Street Elementary School
PublicK to 6

Mount Miguel High School
Public9 to 12

Quest Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1040-1040.5 Gillespie Drive is a multi-family home for sale in Spring Valley, CA 91977. This property was listed for sale on November 5, 2024 by Cabrillo Mortgage & Realty Service, it's currently listed at $1,175,000. This listing's school districts are Grossmont Union High School District, La Mesa-Spring Valley School District. Nearby schools include Kempton Street Elementary School, Science, Technology, Engineering, Arts, And Math Academy At La Presa and Mount Miguel High School. 1040-1040.5 Gillespie Drive is a 7-bed, 0-bath, multi-family home built in 2022.

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Listing Courtesy of Cabrillo Mortgage & Realty Service, Brian Turner, DRE #01183765

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