
Spring Valley, California 91977
This 3-bed, 2-bath townhome presents a Strong Value Opportunity, listed at $499,000—positioned well above the $457,313 Fair Market Value by 9%. While requiring renovation, the property features a 1,280 sq ft functional layout and a fully fenced back patio with two covered parking spaces. With a Condition Rating of 5, this asset is ideal for those looking to build equity through strategic updates. Located near major freeways and schools like Zamorano Elementary, this is a prime acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8166 Paradise Valley Ct. Subject | $499,000* List Price | 3 | 2 | 1,280 | $358 | - |
A 458 Ridgeway Ct Sold | $376,000 | 2 | 2 | 1,024 | $367 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (45 years old), the property is explicitly marketed as a 'project' and 'value opportunity' for renovation. The interior features dated finishes, and the kitchen requires a full overhaul to meet modern standards. Given the age and the listing's emphasis on building equity through renovation, the systems and surfaces likely require significant rehab.
The HOA fee covers essential utilities and maintenance including water, trash, roof repair, and termite clearance, providing significant value and reducing unexpected ownership costs.
Positioned as a value-add opportunity, this property allows buyers to renovate and customize the space to build immediate sweat equity in a central location.
The 1,280 sq ft floor plan includes a private fenced patio with two adjacent covered parking spaces, offering a rare combination of convenience and privacy for a townhouse.
The property is marketed as a project needing a 'refresh,' implying that buyers will need to invest additional capital immediately to bring the home to modern standards.
At $530 per month, the association fee represents a significant recurring expense that may impact a buyer's debt-to-income ratio and overall monthly affordability.
Welcome to this charming townhome in the Paradise Valley community, offering comfort, convenience, and excellent long-term value in one of Spring Valley’s most accessible neighborhoods. The functional layout features a bright main living area, a practical kitchen with ample storage, well-sized bedrooms, and a full bathroom upstairs. The private patio creates an ideal space for outdoor dining, pets, or weekend relaxation. Two covered parking spaces add everyday convenience. HOA pays water and plus. Located in a quiet, well-maintained neighborhood, this home provides easy access to parks, schools, shopping, and major freeways. Buyers appreciate the central location with quick commutes to La Mesa, Rancho San Diego, Chula Vista, Downtown San Diego, and Sharp Grossmont. convenient access to San Diego’s naval bases, Naval Base San Diego, Naval Base Coronado, and Naval Base Point Loma making it an affordable option for buyers seeking proximity to military installations. With nearby community amenities, strong freeway access (SR-125, SR-94, SR-54), and everyday conveniences close by, this townhome delivers a great opportunity for first-time buyers, investors, or anyone looking for a home with potential in a desirable Spring Valley location. • Quick access to SR-125, SR-94, SR-54 • Minutes to La Mesa, Rancho San Diego, Chula Vista, Downtown San Diego • Close to Sharp Grossmont Hospital • Convenient access to Naval Base San Diego, Naval Base Coronado, Naval Base Point Loma • Near parks, schools, shopping, and everyday essentials
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.3 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,280 | 1,191.333 |
| Lot Size | - | 84,391.75 |
| Price | $499.0K | $557.4K |
| Price per sq ft | $390 | $478 |
| Built year | 1979 | 2004 |
| HOA | $530.0 | $419 |
| Days on market | 62 | 52 |
Jul 9, 2026
$499,000
Initial Listing
Feb 14, 2013
$155,000
Public Record
Aug 5, 2011
$120,000
Public Record
Dec 28, 2006
$307,500
Public Record