Triplex with Two Detached
For Sale
$949,000
2610 Helix St., Spring Valley, CA 91977
Remodeled triplex with a main 2-bedroom, 1-bath home plus two detached ADUs for flexible living or rental use.
Property Size1,770 SF
Lot Size1.30 Acres
Days on Market95
Property Features for 2610 Helix St.
General Information
Standard status
Active
Size
1,770 SF
Lot size
1.30 Acres
Property subtype
Investment
Additional Details
Asking Price
$949,000
Building Details
Building Size
1,770 SF
Year Built
1952
Buildings
3
Units
3
Tenancy
Multi
Listed By:
Adriana Rivera
(619) 788-1204
Source:
Elliman
Added: Jul 29
Changed: Oct 28
Last Checked: Oct 30 at 4:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adriana Rivera
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Investment Insights
Based on property information with market context.
This remodeled triplex property includes a 2-bedroom, 1-bath main home and two detached ADUs, all located on an expansive 1.3-acre lot. The entire property has been completely updated with modern finishes, including new quartz countertops, stainless steel appliances, luxury laminate flooring, and dual-pane windows in all three units.
The home is set to take advantage of the panoramic setting, with views of San Diego Bay and the Downtown skyline. Built in 1952, the property is described as turnkey and offers a configuration that can support owner-occupancy with rental income from the detached ADUs or renting all three units.
Bike and walk scores indicate a somewhat car-reliant area, with bikeScore of 45 and walkScore of 42, along with a transitScore of 25.
The home is set to take advantage of the panoramic setting, with views of San Diego Bay and the Downtown skyline. Built in 1952, the property is described as turnkey and offers a configuration that can support owner-occupancy with rental income from the detached ADUs or renting all three units.
Bike and walk scores indicate a somewhat car-reliant area, with bikeScore of 45 and walkScore of 42, along with a transitScore of 25.
Key Highlights
- 1.3‑acre property with a main home plus two detached ADUs
- Main home includes 2 bedrooms and 1 bathroom
- Dual‑pane windows in all three units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,713
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,260
$634.3K
Cap Rate 7%
$453,043
$453.0K
Cap Rate 9%
$352,367
$352.4K
Market Conditions
NOI Build-Up for 1,770 SF
Gross rent
$47.8K $27.00/SF
− Vacancy
−$2.5K −$1.40/SF
EGI
$45.3K $25.60/SF
− OpEx
−$13.6K −$7.68/SF
NOI
$31.7K $17.92/SF
Area
San Diego County, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,260
Cap Rate 7%
$453,043
Cap Rate 9%
$352,367
Alternative Uses
Best Use
Multifamily LT 5
$453.0K
$396.4K – $528.6K
NOI $31,713 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$420.1K
$367.6K – $490.2K
NOI $29,409 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$811.0K
$709.6K – $946.1K
NOI $56,767 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
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Business Placement
Demographics for 91977, CA
60,795
Population
20,026
Households
3
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
9.9 sq mi
ZIP Area
6,141
Density / Sq Mi
$92,407
Median Household Income
$46,706
Median Earnings
$1,897
Median Rent
$623,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Remodeled triplex with a main 2-bedroom, 1-bath home plus two detached ADUs for flexible living or rental use.
Where is this triplex located?
The property is located at 2610 Helix St. Spring Valley, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 1.3‑acre property with a main home plus two detached ADUs; Main home includes 2 bedrooms and 1 bathroom; Dual‑pane windows in all three units
