3420 Bancroft Dr
Spring Valley, CA 91977
- 4 Beds
- 2 Baths
- 3,630 sqft
4 Beds
2 Baths
3,630 sqft
Local Information
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Description
The property at 3420 Bancroft Drive is comprised of 5 units located in Spring Valley, California. A 35-40% upside in rental income is projected after the completion of renovations. The property was built in 1989 and consists of all 2-bedroom/1-bath units that are approximately 726 SF (3,630 total SF) on a large 10,360 SF lot. Additionally, the property features private yards, balconies, patios, a concrete driveway, and eight parking spaces. Featuring an on-site laundry facility that yields additional income, the property is further enhanced by a front-facing landscape design, a pitched roof, and the recent installation of new AC units. The property layout also allows for the addition of a large sixth unit with an ADU replacing the existing tuck under parking. A value-add opportunity is presented through the implementation of RUBS, allowing tenants to pay a portion of the utilities cost. The City of Spring Valley is considered one of the strongest rental markets in East San Diego County with great demand for apartment rentals. Historical occupancy in this sub-market is estimated to be approximately 97%-100% and rental rates continue to rise. This neighborhood offers excellent access to the Interstate 94, Interstate 125, and Interstate 8 freeways, which connect to major employment centers in the greater San Diego area. Please do not communicate with or disturb any of the residents. Unit square footage is estimated based on the number provided by title services. Buyer to verify on their own.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 31, 2025
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 3420 Bancroft Dr
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 3630 Square Feet |
Appliances & Utilities Laundry: Owned |
Heating & Cooling Heating: Central Forced Air GasAir Conditioning: Central Forced Air ElecHeating Fuel: Central Forced Air Gas |
Windows, Doors, Floors & Walls Flooring: Slab |
Levels, Entrance, & Accessibility Stories: 2Levels: 2 StoryFloors: Slab |
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Exterior Home Features Roof: Composition |
Parking & Garage Parking Spaces: 8Parking: Spaces |
Frontage Not on Waterfront |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: ApartmentArchitecture: Apartment |
Building Construction Materials: Auto Front Sprinklers, Metal Fence, Part Landscaped, Wood Fence |
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Price List Price: $1,250,000 |
Status Change & Dates Off Market Date: Fri Jul 19 2024 |
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MLS Status: SOLD |
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Direction & Address City: Spring Valley |
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Building Area Building Area: 3630 Square Feet |
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Association for this Listing: San Diego Association of REALTOR |
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Lot Area: 10454.4 sqft |
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Listing Terms: Cash |
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Mls Number: 240015706 |
Last check for updates: about 16 hours ago
Listed by Matt Robinson DRE #01491108, (858) 361-3159
MD Real Estate, Inc
Bought with: Matt Robinson DRE #01491108, (858) 361-3159, MD Real Estate, Inc
Originating MLS: San Diego Association of REALTOR
Source: SDMLS, MLS#240015706

Price History for 3420 Bancroft Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 08/01/2024 | $1,265,000 | Sold | SDMLS #240015706 |
Comparable Sales for 3420 Bancroft Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.51 | Multi-Family Home | $945,000 | 02/20/26 | 4 | 2 | 1,380 | |
0.29 | Multi-Family Home | $799,000 | 06/17/25 | 5 | 3 | - | |
0.53 | Multi-Family Home | $1,030,000 | 02/04/26 | 6 | 4 | 1,878 | |
1.02 | Multi-Family Home | $815,000 | 10/24/25 | 4 | 3 | 1,833 | |
0.71 | Multi-Family Home | $830,000 | 08/15/25 | 4 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3420 Bancroft Dr.
What Locals Say about Spring Valley
At least 380 Trulia users voted on each feature.
84 % Say car is needed
79 % Say it's dog friendly
67 % Say parking is easy
66 % Say there's holiday spirit
64 % Say yards are well-kept
61 % Say there are sidewalks
53 % Say there's wildlife
52 % Say it's quiet
48 % Say kids play outside
47 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
38 % Say people would walk alone at night
38 % Say streets are well-lit
31 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
Homes for rent near 3420 Bancroft Dr
3420 Bancroft Dr, Spring Valley, CA 91977 is a 4 bedroom, 2 bathroom, 3,630 sqft multi-family. This property is not currently available for sale. 3420 Bancroft Dr was last sold on Aug 1, 2024 for $1,265,000 (1% higher than the asking price of $1,250,000). The current Trulia Estimate for 3420 Bancroft Dr is $1,321,200.

