3237 S Bonita, Spring Valley, California 91977, Spring Valley, 91977 - 5 bed, 3 bath
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Spring Valley, California 91977
This Rare Two-Unit Income Property is a Strong Value Opportunity, listed at $999,000—positioned well below the $1,084,555 Fair Market Value by 7%. This valuation gap offers $85,555 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the estate features a 4-bedroom main residence and a detached 640 sq. ft. guest house with panoramic views of Downtown San Diego. With paid-off solar, new HVAC, and a 0.27-acre lot, this turnkey asset is ideal for Owner-Occupants seeking house-hack potential or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3237 S Bonita Subject | $1,100,000* List Price | 5 | 3 | 2,443 | $455 | - |
A 9380 Francis Drive Sold | $1,035,000 | 4 | 2 | 1,983 | $522 | 0.6 mi |
B 10021 Sierra Bonita Sold | $845,000 | 5 | 2 | 2,018 | $419 | 0.4 mi |
C 10034 View Crest Court Sold | $879,000 | 3 | 2 | 2,088 | $421 | 0.4 mi |
D 3404 S Cordoba Avenue Sold | $860,000 | 3 | 2 | 1,540 | $558 | 0.2 mi |
E 3254 S Bonita St Sold | $875,000 | 3 | 2 | 1,777 | $492 | 0.1 mi |
F 10190 Madrid Way Sold | $840,000 | 3 | 2 | 1,616 | $520 | 0.6 mi |
G 3043 45 Helix Street Active | $850,000 List Price | 4 | 3 | 2,028 | $419 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements including new HVAC systems, new windows, paid-off solar, and brand-new stainless steel kitchen appliances. While the main structure is a 1953 mid-century build, it has been well-maintained with restored hardwood floors, new LVP flooring, and a fully functional 1995 guest house, meeting the criteria for a well-maintained home with updated major systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11753, living area = 2443.
This rare two-unit property features a 4-bedroom main residence and a fully independent 640 sq. ft. guest house, making it an ideal setup for rental income, house hacking, or multi-generational living.
The property is equipped with significant capital improvements, including paid-off solar, brand-new HVAC systems, and new windows, providing immediate energy efficiency and long-term cost savings.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With the main home dating back to 1953, buyers should anticipate potential maintenance needs associated with older plumbing or electrical systems typical of mid-century builds despite recent cosmetic updates.
The potential for further development or continuing specialized uses like dog boarding requires extensive buyer due diligence to verify local zoning compliance and permit requirements.
2 UNIT PROPERTY WITH GARAGE!!! PAID OFF SOLAR, NEW HVAC SYSTEMS, NEW WINDOWS & TRUE 2-UNIT PROPERTY on over 0.25 acres with sweeping views of Downtown San Diego and Mt. Helix. Located on a crest-line street in the desirable Spring Valley neighborhood, this one-of-a-kind mid-century property features two fully functional units: a spacious 4 bed, 2 bath main residence and a massive, fully independent 1 bed, 1 bath guest house (approx. 640 sq ft, built in 1995) with vaulted ceilings, creating an open and airy feel. Ideal for multi-generational living, rental income, or house hacking. The main home showcases panoramic corner-to-corner view windows in the living room, flooding the space with natural light and capturing stunning views. Recent upgrades include brand new stainless steel appliances (dishwasher, range, hood), restored and gloss-coated hardwood floors, and new wood-like LVP flooring throughout the dining and living areas. The guest unit offers excellent income potential and is complemented by a detached 2-car garage, providing additional opportunity for conversion or added value (buyer to verify). The expansive lot offers significant upside—build additional units, add a workshop, or create a private compound. The current owners have successfully operated a dog boarding business from the property, generating additional monthly income. Conveniently located near shopping, dining, and freeway access, this is a rare opportunity combining upgraded systems, income potential, and future development upside all in one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,443 | 1,571 | 89% |
| Lot Size | 11,753 | 6,700 | 81% |
| Price | $1.10M | $795.0K | 95% |
| Price per sq ft | $450 | $506 | 31% |
| Built year | 1953 | 1976 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 153 | 7% |
Apr 21, 2026
$1,100,000
$999,000
+10% Price Increase
Initial Listing
Mar 25, 2026
$999,000
Initial Listing
Oct 4, 2022
$920,000
Public Record