2962 Alanwood Ct., Spring Valley, California 91978, Spring Valley, 91978 - 1 bed, 1 bath
2962 Alanwood Ct.
Spring Valley, California 91978
Property Price
SUMMARY
Analysis of 2962 Alanwood Ct., Spring Valley, California 91978 is currently available with a list price of $399,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Spring Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several key updates that elevate it above a fair condition. Notable improvements include modern vinyl plank flooring throughout and a fully renovated bathroom with a contemporary tiled walk-in shower and glass enclosure. While the kitchen retains some older features such as laminate countertops and fluorescent light boxes, the cabinets and white appliances are well-maintained and functional. The inclusion of central AC/heating and an in-unit washer/dryer further supports a 'good' rating for this 1988-built unit.
PROSSTRENGTHS & OPPORTUNITIES
- Financing Versatility
The property is both FHA and VA approved, making it an exceptionally accessible entry-level opportunity for first-time homebuyers and military personnel.
- Modern Interior Upgrades
The unit features contemporary vinyl plank flooring and an upgraded bathroom, offering a move-in-ready aesthetic that appeals to modern tastes.
- Comprehensive Community Amenities
Located in Ranchwood Park, residents have access to premium facilities including a pool, jacuzzi, tennis courts, and lush park-like greenbelts with BBQ areas.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $472 is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some prospective buyers.
- Compact Living Space
At 667 square feet, the interior footprint is quite limited, which may pose challenges for storage or those with larger furniture sets.
- Limited Parking
With only one assigned covered parking space, residents with multiple vehicles or frequent guests may find the parking situation restrictive.
About 2962 Alanwood Ct.
Beautiful ground level unit in highly sought after Ranchwood Park community. Lush landscape, trees and greenbelts give a parklike feel throughout. Complex features pool ,jacuzzi, tennis courts and lush green park area with picnic tables and BBQ's, This open light and bright unit has vinyl plank flooring, in unit washer and dryer and a covered assigned parking space. Central AC and Heating. Upgraded Bathroom. FHA and VA approved. One of the best entry level opportunities you will find anywhere. Show and sell.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $472.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 667 | 916 | 9% |
| Lot Size | - | - | 50% |
| Price | $399.0K | $480.0K | 9% |
| Price per sq ft | $598 | $535 | 73% |
| Built year | 1988 | 1987 | 64% |
| HOA | $472.0 | $489 | 27% |
| Days on market | 22 | 157 | 9% |
Pricing History
Listed for Sale
Feb 13, 2026
$399,000
Initial Listing
Sold
Apr 21, 2008
$142,000
Public Record
Sold
May 31, 2000
$91,000
Public Record