Spring Valley, CA 91977,1015 Grand Avenue
Spring Valley, CA 91977,1015 Grand Avenue
Spring Valley, CA 91977,1015 Grand Avenue
8
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$1,850,000
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4 Beds
4 Baths
8,891 Sqft Lot
Price Dropped by $50K

1015 Grand Avenue Spring Valley, CA 91977

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2507077

Bedrooms 4

Lot Size 8,891 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Prime investment opportunity in the heart of Spring Valley! 10151017 Grand Ave features 5 apartments on the second floor (Units 1, 2, 3, F & G), plus multiple income-producing spaces on the first floor including a restaurant (Unit A/B), a vacant commercial unit (Unit C), a laundry facility (Unit D), and 4 garages. This diverse mix offers strong current income with additional upside potential. The restaurant provides steady rental income, the laundry generates sales (or can be leased to a tenant), and the vacant commercial unit and garages present value-add opportunities for increased revenue. Recent improvements include a new roof over Units 1, 2, and 3 (Dec. 2024) and a new fence in the back parking lot. With a solid rental history, multiple income streams, and a desirable location near shopping, schools, and freeway access, this property is ideal for investors seeking stable cash flow and long-term growth.

Location

State CA

County San Diego

Direction GPS Jamacha Rd.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5793651900


MLS Router / San Diego MLS
Listed by Bertha Llamas Coldwell Banker West

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Murdock Elementary School

    Public | KG - 6

  • 8

    La Mesa Arts Academy

    Public | 4 - 8

  • 8

    Sunnyside Elementary School

    Public | KG - 6

  • 7

    Zamorano Elementary School

    Public | KG - 5

  • 7

    Lemon Grove Academy Elementary School

    Public | PK - 6

  • 6

    La Mesa Dale Elementary School

    Public | PK - 6

  • 6

    Freese Elementary School

    Public | PK - 5

  • 6

    Sweetwater Springs Elementary School

    Public | PK - 6

  • 5

    Rancho Elementary School

    Public | PK - 6

  • 5

    Learning Choice Academy

    Public | KG - 12

  • 5

    Highlands Elementary School

    Public | KG - 6

  • 5

    Casa De Oro Elementary School

    Public | KG - 6

  • 5

    Loma Elementary School

    Public | KG - 6

  • 5

    Avocado Elementary School

    Public | KG - 5

  • 4

    Boone Elementary School

    Public | KG - 5

  • 4

    Monterey Heights Elementary School

    Public | PK - 6

  • 4

    Audubon School

    Public | PK - 8

  • 4

    Mount Vernon School

    Public | PK - 8

  • 4

    Avondale Elementary School

    Public | PK - 6

  • 4

    STEAM Academy at La Presa

    Public | 4 - 8

Middle Schools 4
  • 4

    Bell Middle School

    Public | 6 - 8

  • 0

    Lemon Grove Academy Middle School

    Public | 7 - 8

  • 0

    Palm Middle School

    Public | 7 - 8

  • 0

    Quest Academy

    Public | 6 - 8

High Schools 4
  • 9

    Helix High School

    Public | 9 - 12

  • 6

    Monte Vista High School

    Public | 9 - 12

  • 4

    Mount Miguel High School

    Public | 9 - 12

  • 0

    Fred Finch Youth Center

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Kary Manering

Kary Manering

Agent | License ID: 01999946

+1(619) 213-2878

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1015 Grand Avenue