
Spring Valley, California 91977
This Value-Add Residential Asset is a Strong Value Opportunity, with a List Price of $799,999—positioned well below the $846,997 Fair Market Value by 5%. This valuation gap offers $46,998 in Instant Equity. While the property holds a Condition Rating of 4, major upgrades including a Newer Roof and Trex Deck mitigate immediate capital expenditures. The expansive 0.5-Acre Lot provides significant ADU Potential within the Grossmont Union High School District. This acquisition is ideal for Owner-Occupants seeking sweat equity or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9361 Hollyhock Rd Subject | $799,999* List Price | 3 | 2 | 1,824 | $464 | - |
A 9680 Vista Del Sol Sold | $790,000 | 3 | 2 | 1,591 | $497 | 0.7 mi |
B 3598 Quail View St Sold | $850,000 | 3 | 2 | 1,870 | $455 | 0.5 mi |
C 3691 Gracia Paseo Sold | $733,000 | 3 | 2 | 1,400 | $524 | 0.6 mi |
D 9317 Lamar Street Active | $945,000 List Price | 5 | 3 | 2,448 | $386 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1956 build that is functional but significantly dated, particularly in the kitchen which features older oak cabinetry, laminate countertops, and non-modern appliances. While major systems like the roof, furnace, and tankless water heater have been recently upgraded, the interior requires cosmetic modernization and repairs, including visible ceiling damage in the lower-level room. The original hardwood floors and newer Trex deck are positive features, but the home overall fits the 'sweat equity' profile requiring updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1824.
The rare 0.5-acre lot provides exceptional privacy and significant space for future expansion, gardening, or the addition of an Accessory Dwelling Unit (ADU) to increase property value.
The floor plan includes a private downstairs bedroom with a separate entrance, making it an ideal setup for multigenerational living, a home office, or potential rental income.
Marketed as a 'sweat equity' opportunity, the home likely requires significant aesthetic modernization to the kitchen and bathrooms to meet contemporary buyer expectations.
As a 1956 build, the property may have underlying electrical or plumbing systems that, while functional, could require future investment to bring up to modern standards.
Casa de Oro Gem on Half-Acre Lot! Welcome to this well-maintained home in one of East San Diego’s most desirable communities. Situated on an expansive 0.5-acre lot, this property offers space, privacy, and endless potential to create your dream home! This home is not just for the dreamer—it’s for the doer. The opportunity for sweat equity is undeniable, with major upgrades already completed, including a newer roof, furnace, and tankless water heater—giving you peace of mind from day one! Inside, you’ll find original hardwood floors that add warmth and timeless character throughout. The flexible floor plan features two bedrooms on the main level, plus a private downstairs bedroom with its own separate entrance—ideal for multigenerational living, a guest suite, home office, or potential rental income! Step outside to a beautiful Trex deck patio that seamlessly extends your living space, perfect for entertaining, relaxing, or enjoying San Diego’s year-round sunshine. The large lot offers incredible privacy with room to expand, garden, or add an ADU. An attached two-car garage provides ample parking and storage! Solid bones, key upgrades completed, and endless upside—bring your vision and make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,824 | 1,571 | 70% |
| Lot Size | 21,780 | 6,700 | 93% |
| Price | $800.0K | $795.0K | 51% |
| Price per sq ft | $439 | $506 | 29% |
| Built year | 1956 | 1976 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 153 | 6% |
Apr 16, 2026
$799,999
Initial Listing
Jun 30, 1995
$152,000
Public Record