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 412 Grand Ave (MLS ID: 220015407) - 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
$365Est. 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
Shaky escrow due Buyer's non-compliance. GREAT OPPORTUNITY FOR HANDYMAN OR CONTRACTOR INVESTOR. MAJOR FIXER UPPER, LOAN MAY BE A CHALLENGE DUE TO CURRENT CONDITION OF THE PROPERTY. SOLD AS-IS, BUYER AND AGENT TO VERIFY ALL. NO REPAIRS. PRICING REDUCED TO REFLECT POOR CONDITION OF THE PROPERTY. [Supplement]: The seller has never occupied the property and is exempt from supplying the buyer with a TDS. SOLD in AS-IS condition. Buyer to complete thorough investigations prior to close of escrow. The buyer/agent shall verify all information contained herein before close of escrow. All information contained herein is deemed reliable but is not guaranteed.
SDMLS #76049403
Feb 15, 2008
Listing Removed
—
Jun 19, 2007
Listed
$499,500
$119/sq ft
SDMLS #66070890
Jan 5, 2007
Listing Removed
—
Aug 16, 2006
Listed
$650,000
$155/sq ft
Public Records
Jan 27, 2006
Sold
$785,000
$187/sq ft
Public Records
Aug 20, 2004
Sold
$725,000
$173/sq ft
Public Records
Apr 3, 2002
Sold
$300,000
$71/sq ft
CRMLS #12004503
Apr 30, 2002
Sold
$308,500
$73/sq ft
Nov 1, 2001
Listed
$326,000
$78/sq ft
Public Records
Mar 1, 1979
Sold
$49,000
$12/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 (+235.1%)
$816,000 + $599,250
$1,415,250
2022
$5,391 (−13.6%)
$800,000 + $587,500
$1,387,500
2021
$6,239 (−43.9%)
$242,691 + $60,667
$303,358
2020
$11,122 (+120.7%)
$237,933 + $59,478
$297,411
2019
$5,040 (+4.8%)
$428,400 + $387,600
$816,000
2018
$4,810 (+4.1%)
$230,877 + $57,715
$288,592
2017
$4,619 (+5.2%)
$221,912 + $55,475
$277,387
2016
$4,391 (+0.9%)
$221,912 + $55,475
$277,387
2015
$4,353 (+1.4%)
$240,000 + $310,000
$550,000
2014
$4,292 (+0.2%)
$210,097 + $52,523
$262,620
2013
$4,285 (+2.4%)
$210,097 + $52,523
$262,620
2012
$4,185 (+1.4%)
$209,148 + $52,286
$261,434
2011
$4,125 (+1.2%)
$205,048 + $51,261
$256,309
2010
$4,078
$201,028 + $50,256
$251,284
2009
$4,077 (−46.2%)
$199,526 + $49,881
$249,407
2008
$7,584
$200,000 + $50,000
$250,000
Tax history for 418 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 (+235.1%)
$816,000 + $599,250
$1,415,250
2022
$5,391 (−13.6%)
$800,000 + $587,500
$1,387,500
2021
$6,239 (−43.9%)
$242,691 + $60,667
$303,358
2020
$11,122 (+120.7%)
$237,933 + $59,478
$297,411
2019
$5,040 (+4.8%)
$428,400 + $387,600
$816,000
2018
$4,810 (+4.1%)
$230,877 + $57,715
$288,592
2017
$4,619 (+5.2%)
$221,912 + $55,475
$277,387
2016
$4,391 (+0.9%)
$221,912 + $55,475
$277,387
2015
$4,353 (+1.4%)
$240,000 + $310,000
$550,000
2014
$4,292 (+0.2%)
$210,097 + $52,523
$262,620
2013
$4,285 (+2.4%)
$210,097 + $52,523
$262,620
2012
$4,185 (+1.4%)
$209,148 + $52,286
$261,434
2011
$4,125 (+1.2%)
$205,048 + $51,261
$256,309
2010
$4,078
$201,028 + $50,256
$251,284
2009
$4,077 (−46.2%)
$199,526 + $49,881
$249,407
2008
$7,584
$200,000 + $50,000
$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
5844805000
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
Exterior
Exterior Features
Fencing: Partial
Roof: Composition
Building Information
Sq. Ft.: 4200.0
# 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: 5844805000
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
$1.46M – $1.76M
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