9966 Dolores Street Unit 201-205, Spring Valley, CA 91977
- $800,000
- List Price
- $800,000
- Price Change
- ▼ $100,000 1785791520
- Status
- ACTIVE
- MLS#
- PTP2604415
- Year Built
- 1982
- Lot Location
- Level, Paved, Street Level
- Days on Market
- 55
- Property Type
- Commercial
- Property Sub Type
- Office
Property Description
SELLER FINANCING AVAILABLE! Five contiguous 2nd-floor office condos in a 19-unit complex, offered individually or as a portfolio. Units average ~419 SF, are currently leased month-to-month to diverse tenants (engineering, insurance, real estate, construction, and more), and rent for $400–$575/month. Each has been recently upgraded with new flooring, paint, lighting, and ceiling fans, plus a wall AC unit and (in most units) partitioned offices with a reception area. The complex offers 18 off-street parking spaces, floor-level common restrooms, and stairwell-only access (no elevator). HOA dues of ~$65–$75/month per unit cover water, sewer, trash, landscaping, common-area maintenance, and exterior security lighting; gas and electric are separately metered and tenant-paid. Seller prefers a two-party simultaneous 1031 exchange into a 4+ unit multifamily property (fixers preferred), but will also consider an outright sale — individually or as a portfolio — with seller financing available at 5–5.5% over a 10-year term.
Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $30,000
- Operating Expense
- 16289
Listing courtesy of Listing Agent: Max Delbecq (maxd@topguncre.com) from Listing Office: Top Gun CRE.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.