$1,725,000
FOR SALEActive3960 Helix St
Spring Valley CA 91977
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Location Analysis
About This Property
3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
6
Total Units
5.70%
Cap Rate
$98K
NOI
12
Parking Total
Property Highlights
N/A Property
Prime Location with High Visibility
5.7% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Investment Metrics
5.70%
Cap Rate
$98,375
NOI
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Closed commercial sales reported, newest first.