1608 Ramona, Spring Valley, California 91977, Spring Valley, 91977 - 2 bed, 3 bath
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Spring Valley, California 91977
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $795,001 Fair Market Value by 5%. This valuation gap offers $46,001 in Instant Equity. Featuring a Condition Rating of 4, the home includes an Income-Generating ADU and Owned Solar System, providing significant utility savings. While the interior requires cosmetic updates, the Panoramic Ocean Views and cul-de-sac location offer immense upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1608 Ramona Subject | $749,000* List Price | 2 | 3 | 1,367 | $582 | - |
A 901 Saint George Ct Sold | $740,000 | 4 | 2 | 1,221 | $606 | 1.0 mi |
B 9017 Orville Street Sold | $565,500 | 3 | 2 | 1,246 | $454 | 1.0 mi |
C 1227 La Mesa Ave Sold | $815,000 | 4 | 3 | 1,828 | $446 | 0.5 mi |
D 648 San Juhn Sold | $690,000 | 4 | 2 | 1,220 | $566 | 0.8 mi |
E 9451 San Francisco Street Sold | $659,000 | 2 | 1 | 1,050 | $628 | 0.8 mi |
F 944 Maya St Sold | $650,000 | 3 | 2 | 1,394 | $466 | 0.6 mi |
G 538 Paraiso Ave. Sold | $745,000 | 3 | 2 | 1,452 | $513 | 0.9 mi |
H 9750 Birch St Pending | $750,000 List Price | 3 | 2 | 1,312 | $572 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is well beyond the 20-year threshold for 'Fair' condition. While the addition of owned solar and an ADU are significant upgrades, the interior photos show dated laminate flooring, worn wall surfaces, and older fixtures. The unique geometric structure and deck appear functional but likely require maintenance and cosmetic modernization to meet current standards.
Perched on a desirable corner lot at the end of a cul-de-sac, the property offers breathtaking, unobstructed panoramic views of the ocean, bay, coastline, and city lights.
The inclusion of an Accessory Dwelling Unit (ADU) provides exceptional versatility, offering excellent potential for rental income or multi-generational living.
The home features an energy-efficient, fully owned solar system, delivering substantial long-term savings on utility costs and increasing overall property value.
The property features a two-car carport rather than a traditional enclosed garage, which may limit secure storage options and vehicle protection from the elements.
With only 2 bedrooms for a 1,367 square foot multi-story residence, the layout may have restricted appeal for larger families or buyers seeking more traditional bedroom spaces.
Perched on a desirable corner lot at the end of a cul-de-sac, this distinctive two-story home showcases a unique geometric design and breathtaking panoramic ocean views. Energy-efficient owned solar adds value, while a private deck provides the perfect setting to relax and take in the scenery. The property also includes an ADU, offering excellent potential for rental income or multi-generational living. Additional features include a two-car carport with storage and convenient access to nearby shopping, dining, parks, the Dictionary Hill Hiking Trail, and the Open Space Reserve. A truly one-of-a-kind property combining character, versatility, and spectacular views.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 0.8 mi
Grades 4-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,367 | 1,654 |
| Lot Size | 5,895 | 6,534 |
| Price | $749.0K | $814.2K |
| Price per sq ft | $548 | $514 |
| Built year | 1981 | 1970 |
| HOA | $0 | $210 |
| Days on market | 28 | 42 |
Jun 24, 2026
$749,000
Initial Listing
Jun 25, 2015
$334,000
Public Record
May 28, 2010
$264,000
Public Record
Feb 3, 2009
$151,000
Public Record
Nov 25, 2002
$177,000
Public Record
Jun 18, 1998
$20,000
Public Record