Duplex With Separate
For Sale
$760,000
Pending
8947-49 Lamar St, Spring Valley, CA 91977
Residential Income, Spring Valley, CA
Property Size1,704 SF
Days on Market81
Property Features for 8947-49 Lamar St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 1, Bathroom 2
Fencing
Gate
Subdivision
SPRING VALLEY
Standard status
Pending
APN
503-273-23-00
Size
1,704 SF
Utilities
Cooling system
Central Air
Building Details
Year built
1976
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
Select Premier Properties
Listed By:
Victoria Sandoval · License #01723300
(619) 392-2455
Added: Jul 18
Changed: Sep 28
Last Checked: Oct 6 at 9:06AM
MLS# 260015764
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,704-square-foot duplex contains two independent residences with a combined five bedrooms and three bathrooms. The front home includes three bedrooms and two bathrooms, while the second residence provides two bedrooms and one bathroom. Each unit has its own living area, supporting separate occupancy within the same property.
Built in 1976, the property features central air conditioning, a composition roof, gated fencing, parking, and outdoor space. The address is near schools, shopping, dining, parks, major freeways, and everyday amenities in Spring Valley, California. Photos include virtual staging, and the sale is subject to cancellation of the current escrow.
Built in 1976, the property features central air conditioning, a composition roof, gated fencing, parking, and outdoor space. The address is near schools, shopping, dining, parks, major freeways, and everyday amenities in Spring Valley, California. Photos include virtual staging, and the sale is subject to cancellation of the current escrow.
Key Highlights
- Two‑unit duplex with 1,704 square feet of total building area
- Front residence includes 3 bedrooms and 2 bathrooms
- Second residence offers 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,531
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,620
$610.6K
Cap Rate 7%
$436,157
$436.2K
Cap Rate 9%
$339,233
$339.2K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$46.0K $27.00/SF
− Vacancy
−$2.4K −$1.40/SF
EGI
$43.6K $25.60/SF
− OpEx
−$13.1K −$7.68/SF
NOI
$30.5K $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%
$610,620
Cap Rate 7%
$436,157
Cap Rate 9%
$339,233
Alternative Uses
Best Use
Multifamily LT 5
$436.2K
$381.6K – $508.9K
NOI $30,531 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$404.5K
$353.9K – $471.9K
NOI $28,313 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$780.7K
$683.1K – $910.8K
NOI $54,650 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
419
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct living areas, central air, gated fencing, and on-site parking with outdoor space.
Where is this duplex located?
The property is located at 8947-49 Lamar St Spring Valley, CA.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,704 square feet of total building area; Front residence includes 3 bedrooms and 2 bathrooms; Second residence offers 2 bedrooms and 1 bathroom
