$999,000

3237 S Bonita, Spring Valley, CA 91977

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

PAID OFF SOLAR, NEW HVAC SYSTEMS, NEW WINDOWS & TRUE 2-UNIT VALUE-ADD OPPORTUNITY on over 0.25 acres with panoramic views of Downtown San Diego and Mt. Helix. Located on a crest-line street in Spring Valley, this income-producing property features two fully independent units: a 4 bed, 2 bath main residence and a large 1 bed, 1 bath guest house (approx. 640 sq ft, built in 1995) with vaulted ceilings, ideal for maximizing rental income or multi-generational living. This property is primed for investors seeking strong in-place income with additional upside. The current ownership has successfully operated a dog boarding business on-site, creating an additional revenue stream beyond traditional rents. Major capital improvements have already been completed, including paid off solar, new HVAC systems, and new windows—significantly reducing operating expenses and increasing long-term efficiency. The oversized 0.25+ acre lot offers substantial development potential—add additional units, expand existing structures, convert the detached 2-car garage, or create a multi-unit compound (buyer to verify zoning and highest & best use). With strong rental flexibility, multiple income streams, and future development upside, this is a rare opportunity for investors, builders, or owner-occupants looking to scale their portfolio. Convenient access to freeways, shopping, and employment centers further enhances tenant demand and long-term appreciation potential.

Listing Status:
Active
Date Added:
March 24, 2026
Data Last Updated:
April 1, 2026 at 7:11PM
Listing Office:
Real Broker : 855-450-0442
Listing Agent:
Deven J Ortiz : 760-420-1284
MLS ID:
260007032
  • A/C: Central Forced Air
  • Roofing: Composition
  • General: StuccoWood1 Story
  • HOA Amenities: 0.0
  • Originating MLS: SDMLS
  • County: San Diego
  • Zoning: R-1:SINGLE504-102-03-00
  • Fencing: Full
  • Utilities: Sewer Connected
  • Source: SDMLS

This listing courtesy of Deven J Ortiz , Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Highlands Elementary School

3131 S Barcelona St, Spring Valley, CA, 91977

Grades KG-5

0.36 miles away

S

Spring Valley Academy

3900 Conrad Dr, Spring Valley, CA, 91977

Grades 6-8

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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