9966 Dolores Street Unit 201-205, Spring Valley, CA 91977

$900,000

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List Price
$900,000
Status
ACTIVE
MLS#
PTP2604415
Year Built
1982
Lot Location
Level, Paved, Street Level
Days on Market
51
Property Type
Commercial
Property Sub Type
Office

Property Description

SELLER FINANCING AVAILABLE! We are pleased to present five contiguous 2nd-floor office condos offered for sale individually or as a portfolio. Each unit averages ~419 SF, is month-to-month leased to a business tenant, and has been recently updated with vinyl or carpet flooring, fresh paint, lighting, and ceiling fans. The units each have a wall AC, 1 or more partitioned interior offices, and reception area. Part of a 19-unit commercial condo complex with 18 off-street parking spaces. Common-area restrooms on each floor. HOA dues of ~$65–$75/month cover water, trash, landscaping, CAM, and exterior security lighting. Gas and electric separately metered. Common-area restrooms on each floor; stairwell access only (no elevator). Perfect for small businesses requiring an efficient local footprint such as engineering, insurance, law, real estate, construction, etc. Seller's preferred exit is a simultaneous 1031 exchange (swap) into a 4+ unit multifamily (OK with fixers), but will consider an outright sale or seller financing at 5–5.5% on 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.