$1,725,000

Residential Income In Spring Valley

  • 12 Beds
  • 6 Baths
  • 5,312 Sqft
  • Updated: August 1
  • Source:
    San Diego MLS  MLS#260018754

About the Property

Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property’s residential character. All six units have been thou
Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property’s residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property’s net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.
  • Property type

    Other

  • Floors

    2

  • Price/sqft

    $324

Features

Features

Lot

Indoor

  • Washer Dryer
  • Laundry Room
  • Stone Countertops

Outdoor

  • Parking
  • Garage
  • Gate
  • Garden

Explore the Area

3960-68 Helix St, Spring Valley, California, United States View on Google Maps
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South Coast Commercial, Inc. - San Diego

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South Coast Commercial, Inc. - San Diego
California, United States
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14
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2025
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South Coast Commercial, Inc. - San Diego
San Diego, California, United States
View agency profile
Last updated
August 1
First listed
Aug 1
Listing reference
260018754
Listing status
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