ActiveResidential · sale

3037 Highlands Blvd

Spring Valley, CA 91977

$669,000

  • 3 beds
  • 2 baths
  • 1,397 sq ft
  • 0.05 acres
  • Built 1975

Listed by The Home Company · MLS #PTP2606742

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1975.

Garage parking

2 garage spaces listed.

Property size

0.05 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

VA FHA approved close to major freeway access 9412554 for a short commute to airport Navy bases 32nd N Island SDSU This is an excellent investment rental and 1031 opportunity due to the privacy low maintenance and central location Remodeled with tasteful finishes including waterproof plank flooring on stairs and both levels and there is no carpet The open concept great room has 2 backyard access slider doors which brings in ample natural light The white kitchen has timeless quartz counters glass backsplash and stainless appliances There is a large laundry roompantry adjacent and the home has a water softnerfilteration system which helps in lifespan of plumbing appliances The 2car direct access garage has shelving for storage driveway space for 2 more cars and ample parking across since there are no neighbors in front Beautiful bougainvillea palm tree and mountain park views draws you into the backyard space where they are no neighbors behindThe low maintenance wrap around backyard has turf and saltillo tiles and is perfect for pets grilling and parties The primary bedroom has a large mirrored closet with a large patio balcony The bathroom has new dual sink vanity shaker cabinetry quartz counters newer toilet There is newer paint along baseboards walls and garage ceiling All bedrooms have ceiling fans and the home has central AC There is a builtin office nook on the top stair landing The community features 2 pools clubhouse sports courts tennis and playgrounds Schools are within walking distance Seller will entertain offers between 669K725K Visit us at our Open House and ask about ratebuy down opportunities or schedule your private viewing today All measurements are approximate Buyers Brokers and Selling Agents should verify measurements and complete thorough inspection and investigations prior to close of escrow to satisfy themselves with the current condition of the property Buyers to verify and approve all data reports inspections permits title MLS and all information pertaining to the property prior to removal of contingencies All contractsoffers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties

THE NEIGHBORHOOD

Explore the location.

3037 Highlands Blvd, Spring Valley, CA 91977

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1975
Full baths
1
Half baths
1
Garage spaces
2
Cooling
CentralAir,SeeRemarks
Appliances
BuiltInRange,Dishwasher,GasCooking,Disposal,Microwave,Refrigerator,RangeHood,WaterSoftener,WaterHeater
Flooring
SeeRemarks
Utilities
SeeRemarks
Fencing
Wood
Pool
No
Pool features
Community,SeeRemarks,Association
Spa
No
Zoning
PUD
Parcel
5054705000
HOA
Rancho San Diego
HOA amenities
Clubhouse,SportCourt,MaintenanceFrontYard,Barbecue,PicnicArea,PaddleTennis,Playground,Pool,PetRestrictions,RecreationRoom,TennisCourts
HOA fee frequency
Monthly
High school
Monte Vista
HOA fee
$236.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,787.50
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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3037 Highlands Blvd, Spring Valley, CA 91977 · MLS #PTP2606742

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Listing information

MLS #PTP2606742 · California Regional MLS

Listing brokerage: The Home Company
Listing agent: Kara Peter

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.