8655 Valencia Street, Spring Valley, California 91977, Spring Valley, 91977 - 2 bed, 1 bath
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Spring Valley, California 91977
Analysis of 8655 Valencia Street, Spring Valley, California 91977 is currently available with a list price of $795,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1926, this property is explicitly marketed as a development opportunity with Ready-to-Issue (RTI) plans for a 4-unit residential project. The existing 2-bedroom home is at the end of its functional life, featuring a severely outdated kitchen, original bathroom fixtures, and aging systems. The listing description and AI analysis confirm the structure requires demolition to realize the property's highest and best use, with the value residing almost entirely in the land and approved permits.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9235, living area = 1100.
The property comes with approved plans for a 4-unit residential project, eliminating entitlement risk and allowing developers to bypass the lengthy permitting process.
Situated on a generous ±9,200 SF lot, this site offers a rare infill opportunity to maximize density and ROI in a high-demand San Diego rental submarket.
The original 1926 residence is likely at the end of its functional life, necessitating demolition or significant site clearing costs to realize the development plans.
As a development-focused listing, the project requires substantial additional investment beyond the purchase price for construction and project management.
Rare RTI development opportunity in Spring Valley. The property includes an existing 2-bedroom, 1-bath single-family residence situated on a ±9,200 SF lot and is being offered with approved plans for a new 4-unit residential project, allowing a buyer to move directly into construction without entitlement risk. Ideal for developers or investors seeking a small infill project in a strong rental submarket of San Diego County. Convenient location with quick access to Highway 94, SR-125, shopping, and neighborhood amenities. Excellent opportunity to build new construction in an established residential area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,100 | 1,567 | 12% |
| Lot Size | 9,235 | 6,700 | 71% |
| Price | $795.0K | $795.0K | 50% |
| Price per sq ft | $723 | $506 | 95% |
| Built year | 1926 | 1976 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 153 | 8% |
Mar 10, 2026
$795,000
Initial Listing