RTI Development Opportunity in Spring
For Sale
Contact for pricing
Pending
8659 Valencia St Unit 1, Spring Valley, CA 91977
Approved plans for 4-unit residential project in established area.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market146
Property Features for 8659 Valencia St Unit 1
General Information
Standard status
Pending
Lot size
0.21 Acres
Property subtype
Land
Listing Agency:
Colliers - Los Angeles - La Jolla, California
(858) 373-3237
Listed By:
Aaron Bove · License #CA 01318320
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Aug 8 at 6:33AM
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 Colliers - Los Angeles - La Jolla, California
Investment Insights
Based on property information with market context.
This property presents a rare development opportunity in Spring Valley. It features an existing single-family residence with 2 bedrooms and 1 bathroom, situated on a lot of approximately 9,200 square feet. The property is offered with approved plans for a new 4-unit residential project, enabling immediate commencement of construction without entitlement risks. This is an ideal prospect for developers or investors interested in a small infill project within a robust rental submarket of San Diego County. The location provides convenient access to Highway 94, SR-125, shopping options, and local neighborhood amenities. This property offers an excellent chance to develop new construction in an already established residential area.
Key Highlights
- Approved plans for a 4‑unit residential project eliminate entitlement risk and allow immediate construction.
- Rare RTI (Ready‑To‑Issue) development opportunity.
- Existing 2‑bedroom, 1‑bath single‑family residence on a ±9,200 SF lot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved plans for 4-unit residential project in established area.
Where is this residential land & home lot located?
The property is located at 8659 Valencia St Unit 1 Spring Valley, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approved plans for a 4‑unit residential project eliminate entitlement risk and allow immediate construction.; Rare RTI (Ready‑To‑Issue) development opportunity.; Existing 2‑bedroom, 1‑bath single‑family residence on a ±9,200 SF lot.
