BEST CASHFLOW ON THE MARKET! Four turnkey spacious townhome style units. Units are huge, 1050 SF 2BR 1BA units, each with their own private patio. Laundry facilities on site, as well as ample surface parking with 8 spots. Property is being sold alongside 418 Grand Ave (MLS ID: 220015406) - carbon copy property on adjoining lot. Tenants pay 100% of all utilities through RUBS, and with strong rents this property yields tremendous cashflow. Units are all well maintained with many upgrades, such as vinyl flooring in all. Pride of ownership property that has been kept in meticulous condition. Sprucing and freshening up of units will lead to peak market rents. Lastly, large lots allow for ADU additions.
Multi-familyProperty Type
1965Year Built
$348Est. Price/Sq.Ft.
Listed by Florian Sighe•DRE #02072593• The Browar Group
•619-894-3030 (agent)
•florian@thebrowargroup.com (agent)
Bought with Florian Sighe•DRE #02072593• The Browar Group
BANK OWNED! At this price this 4 unit property will sell fast! Each unit has an open floor plan and good sized rooms. Great opportunity for handyman or contractor investor. Buyer to verify all before COE.
SDMLS #80047679
Dec 8, 2008
Listing Removed
—
Jun 30, 2008
Listed
$485,000
$115/sq ft
Public Records
Feb 17, 1988
Sold
$165,000
$39/sq ft
Public Records
Mar 24, 1983
Sold
$130,000
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,372 (+3.9%)
$848,966 + $623,459
$1,472,425
2024
$18,643 (+3.2%)
$832,320 + $611,235
$1,443,555
2023
$18,067 (+199.6%)
$816,000 + $599,250
$1,415,250
2022
$6,031 (−13.3%)
$800,000 + $587,500
$1,387,500
2021
$6,953 (−37.5%)
$182,016 + $175,950
$357,966
2020
$11,122 (+97.2%)
$178,448 + $172,500
$350,948
2019
$5,641 (+4.5%)
$428,400 + $387,600
$816,000
2018
$5,399 (+3.8%)
$173,156 + $167,385
$340,541
2017
$5,199 (+5.0%)
$166,433 + $160,886
$327,319
2016
$4,953 (+0.9%)
$166,433 + $160,886
$327,319
2015
$4,910 (+1.5%)
$240,000 + $310,000
$550,000
2014
$4,838 (+0.2%)
$157,572 + $152,320
$309,892
2013
$4,830 (+2.5%)
$157,572 + $152,320
$309,892
2012
$4,712 (+1.5%)
$156,860 + $151,632
$308,492
2011
$4,642 (+1.2%)
$153,785 + $148,659
$302,444
2010
$4,585 (+12.5%)
$150,770 + $145,745
$296,515
2009
$4,077 (+5.2%)
$149,644 + $144,656
$294,300
2008
$3,874
$175,000 + $75,000
$250,000
Tax history for 412 Grand Ave
Year
Property tax
Land + Additions
Assessment*
2025
$19,372 (+3.9%)
$848,966 + $623,459
$1,472,425
2024
$18,643 (+3.2%)
$832,320 + $611,235
$1,443,555
2023
$18,067 (+199.6%)
$816,000 + $599,250
$1,415,250
2022
$6,031 (−13.3%)
$800,000 + $587,500
$1,387,500
2021
$6,953 (−37.5%)
$182,016 + $175,950
$357,966
2020
$11,122 (+97.2%)
$178,448 + $172,500
$350,948
2019
$5,641 (+4.5%)
$428,400 + $387,600
$816,000
2018
$5,399 (+3.8%)
$173,156 + $167,385
$340,541
2017
$5,199 (+5.0%)
$166,433 + $160,886
$327,319
2016
$4,953 (+0.9%)
$166,433 + $160,886
$327,319
2015
$4,910 (+1.5%)
$240,000 + $310,000
$550,000
2014
$4,838 (+0.2%)
$157,572 + $152,320
$309,892
2013
$4,830 (+2.5%)
$157,572 + $152,320
$309,892
2012
$4,712 (+1.5%)
$156,860 + $151,632
$308,492
2011
$4,642 (+1.2%)
$153,785 + $148,659
$302,444
2010
$4,585 (+12.5%)
$150,770 + $145,745
$296,515
2009
$4,077 (+5.2%)
$149,644 + $144,656
$294,300
2008
$3,874
$175,000 + $75,000
$250,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
1965
Sq. Ft.
4,205
Year built
1965
Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
5844804900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RU
Urban Residential District
The RU Use Regulations are intended to create and enhance areas where permanent family residential uses are permitted and institutional residential care uses are
conditionally permitted and civic uses are permitted when they serve the needs of the residents. Typically, the RU Use Regulations would be applied to rural, suburban, or urban areas where adequate levels of public services are available. Various applications of the RU Use Regulations with appropriate development designators can create areas which have a single-family character or areas which, because of the scale of structures, are recognizable as high-density areas.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
Room Information
Laundry Features: Common Area
Exterior
Exterior Features
Fencing: Partial
Roof: Composition
Building Information
# of Stories Total: 2
Construction Materials: Stucco
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Res Income 2-4 Units
Lot Information
Lot Size Units: Acres
Location
Location Information
Subdivision Name: SPRING VALLEY
Community Information
Building Name: Spring Valley
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 4,205
Stories: —
Lot Size: 6,970 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: 1965
County: San Diego County
APN: 5844804900
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
List AOR: San Diego Association of REALTOR
Around this home
Schools
La Presa Elementary School
Public K-5 • Assigned • 0.4mi
4/10
Science, Technology, Engineering, Arts, And Math Academy At La Presa
Public 5-8 • Assigned • 0.7mi
6/10
Mount Miguel High School
Public 9-12 • Assigned • 1.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 93° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Spring Valley, CA • 91977
Average low and high temperatures (°F)
70
48
72
50
74
53
72
53
73
56
77
60
81
63
83
63
83
65
79
58
73
52
71
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 7.4 hours in December, placing it above the
U.S. average for solar exposure.
8.7 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.39M – $1.68M
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