9838 Ivanho Street, Spring Valley, California 91977, Spring Valley, 91977 - 3 bed, 1 bath
Loading property details...
Spring Valley, California 91977
This Renovated View Home is a High-Potential Investment Opportunity, listed at $600,000—positioned well below the $672,289 Fair Market Value by 10%. This valuation gap offers $72,289 in Instant Equity. Boasting an Excellent Condition Rating, the property features a modern custom kitchen, panoramic Sweetwater Reservoir views, and energy-efficient Tesla battery solar. Located in the Grossmont Union district near STEAM Academy, this short sale balances turnkey luxury with massive equity potential. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9838 Ivanho Street Subject | $600,000* List Price | 3 | 1 | 1,134 | $593 | - |
A 9844 Arapaho St Sold | $730,000 | 3 | 2 | 1,120 | $652 | 0.1 mi |
B 9753 Ivanho Street Sold | $710,000 | 3 | 1 | 1,120 | $634 | 0.1 mi |
C 1239 La Presa Avenue 104 Sold | $750,000 | 3 | 1 | 1,325 | $566 | 0.6 mi |
D 1311 Ramona Ave Sold | $780,000 | 3 | 2 | 1,224 | $637 | 0.7 mi |
E 1312 Portola Ave Sold | $765,000 | 3 | 2 | 1,204 | $635 | 0.5 mi |
F 9858 Ivanho Street Sold | $720,000 | 3 | 2 | 1,134 | $635 | 0.0 mi |
G 9838 Ivanho Street Active | $685,000 List Price | 3 | 1 | 1,134 | $604 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1970, the property has undergone an extensive and high-quality renovation within the last 5 years. The interior features a fully modernized open-concept kitchen with custom cabinetry, quartz countertops, and stainless steel appliances, along with updated flooring and a renovated bathroom. Major infrastructure components are also new or nearly new, including the roof, HVAC system, and the addition of solar panels with a Tesla battery, meeting the criteria for excellent condition.
Listed at $600,000 with a comparable sale at $710,000, this property offers substantial room for profit or immediate equity for an opportunistic buyer.
The home features a new roof, new HVAC system, and leased solar with a Tesla battery, providing modern energy efficiency and reducing the need for immediate capital expenditures.
The property offers stunning, unobstructed views of the Sweetwater Reservoir and surrounding mountains, significantly enhancing the home's aesthetic appeal and market value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 5000.
The short sale status implies a potentially lengthy and uncertain closing process subject to lender approval, which may not suit buyers on a strict timeline.
A three-bedroom configuration served by only a single bathroom can be a functional drawback for families and may impact the property's long-term resale competitiveness.
Short Sale Alert! Similar floorpan closed escrow at $710,000 so there is plenty of room for profit. New upgrades include a new roof, new AC and HVAC, leased solar panels with a Tesla battery, a one-car garage, storage shed, and newer exterior paint. This beautifully updated single-story home showcases an open concept floorplan with stunning panoramic views of the Sweetwater Reservoir and surrounding mountains. Enjoy peaceful mornings with a scenic backdrop right from your own home. Inside, you’ll find an open-concept layout featuring a stylish, modern kitchen complete with sleek gray custom cabinetry, stainless steel appliances, a spacious island, and updated flooring—perfect for everyday living and effortless entertaining. The generously sized primary bedroom offers a large closet and elegant French doors that open directly to a low-maintenance backyard, creating the ideal indoor-outdoor flow. Whether you're hosting weekend BBQs or enjoying a quiet evening, this private outdoor space is perfect for relaxing and entertaining. With no HOA or Mello-Roos, this move-in ready home delivers the perfect blend of style, convenience, and value. Don’t miss your opportunity to make it yours!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 2.0 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,134 | 1,567 | 16% |
| Lot Size | 5,227.2 | 6,600 | 35% |
| Price | $600.0K | $790.0K | 10% |
| Price per sq ft | $529 | $506 | 59% |
| Built year | 1970 | 1976 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 153 | 6% |
Apr 6, 2026
$600,000
Initial Listing
Feb 14, 2023
$645,000
Public Record
Aug 2, 2021
$605,000
Public Record
May 29, 2014
$288,000
Public Record
Dec 6, 2013
$245,000
Public Record
Dec 2, 2011
$218,000
Public Record
May 3, 2011
$145,000
Public Record