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1403 Capistrano Ave, Spring Valley, CA 91977

Sale Price: $1,000,000
Aug 1, 20242,931 sqft6 beds4 baths
Listed by: Najla Wehbe Dipp
License #: 02024371
Phone #: 858-333-2455
eXp Realty of Southern California, Inc.
Source:
CRMLS Logo
MLS #: 240017915SD

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,201

TurboHome Estimated Value

$1,006,700

$343 sqft

High Valuation
$1,057,035
$361/sqft
Normal Valuation
$1,006,700
$343/sqft
Low Valuation
$956,365
$326/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$343/sqft$1,006,700

Neighborhood: Spring Valley

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Comparative Value

$826K

$930K

$1000K

$1.02M

$1.04M

1619 Maria Ave, Spring Valley, CA 91977

Sale Price: $826,000

Selected Comparable

8802 Tyler St, Spring Valley, CA 91977

Sale Price: $930,000

Selected Comparable

1403 Capistrano Ave, Spring Valley, CA 91977

List Price: $999,999

Subject Property

1403 Capistrano Ave, Spring Valley, CA 91977

Sale Price: $1,000,000

Selected Comparable

10463 Celestial Waters Dr, Spring Valley, CA 91977

Sale Price: $1,017,000

Selected Comparable

10442 Lake Breeze Dr, Spring Valley, CA 91977

Sale Price: $1,041,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1403 Capistrano Ave, Spring Valley, CA 91977

1403 Capistrano Ave, Spring Valley, CA 91977

List: $999,999

Listed: 8/1/2024

Area:2,931 sqft
Price/sqft:$341
Beds:6
Baths:4
Year Built:
Lot Size:9,871

Comparable Properties

COMPARABLE
Choose comps
1403 Capistrano Ave, Spring Valley, CA 91977

1403 Capistrano Ave, Spring Valley, CA 91977

Sale: $1,000,000

9/26/20240.00 mi

Area:2,931 sqft
Price/sqft:$341
Beds:6
Baths:4
Year Built:
Weight:24.2%
10463 Celestial Waters Dr, Spring Valley, CA 91977

10463 Celestial Waters Dr, Spring Valley, CA 91977

Sale: $1,017,000

6/5/20250.43 mi

Area:3,170 sqft
Price/sqft:$321
Beds:5
Baths:4
Year Built:
Weight:19.6%
10442 Lake Breeze Dr, Spring Valley, CA 91977

10442 Lake Breeze Dr, Spring Valley, CA 91977

Sale: $1,041,000

5/5/20250.57 mi

Area:3,096 sqft
Price/sqft:$336
Beds:5
Baths:4
Year Built:
Weight:19.2%
8802 Tyler St, Spring Valley, CA 91977

8802 Tyler St, Spring Valley, CA 91977

Sale: $930,000

8/4/20251.41 mi

Area:2,766 sqft
Price/sqft:$336
Beds:5
Baths:4
Year Built:
Weight:19.2%
1619 Maria Ave, Spring Valley, CA 91977

1619 Maria Ave, Spring Valley, CA 91977

Sale: $826,000

6/20/20250.28 mi

Area:2,280 sqft
Price/sqft:$362
Beds:7
Baths:4
Year Built:
Weight:17.8%

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