
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 | $357 | - |
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.
This 3-bed, 2-bath townhome in Paradise Valley offers a strong value opportunity for buyers looking to customize a home to their preferences. The property is ready for new owners to make it their own. With 1,280 sq ft of living space, a functional layout, in-home laundry area, 2 covered parking spaces sit directly off the fully fenced back patio, providing convenience and privacy., central Spring Valley location near shopping and the 125 and 54 freeways, this home is ideal for buyers seeking a project with long-term upside. HOA amenities include landscape maintenance, trash service, water use, limited insurance, great location within minutes of major routes. A great chance to renovate, refresh, and build equity. HOA pays for: Trash pick up, Landscape maintenance Water inside of the unit Roof Maintenance Termite clearance playground street maintenance Unit offers: inside unit laundry area, private patio, 2 covered carport spaces directly from patio
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 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,280 | 970 |
| Lot Size | - | 166,868.5 |
| Price | $499.0K | $562.7K |
| Price per sq ft | $390 | $494 |
| Built year | 1979 | 1980 |
| HOA | $530.0 | $463 |
| Days on market | 13 | 48 |
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