REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Bertha Llamas • Coldwell Banker West
$ 1,900,000
Est. payment /mo
Active
1015 Grand Avenue Spring Valley, CA 91977
5,772 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,772 sqft
Price per Sqft $329
MLS Listing ID 8P-2507077
Year Built 1986
Lot Size 8,891 Sqft
Property Description
Prime investment opportunity in the heart of Spring Valley! 1015–1017 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
Area 91977 - Spring Valley
Zoning COMMERCIAL
Interior
Laundry Community
Exterior
Garage Spaces 4.0
Pool None
Community Features Sidewalks, Street Lights
View Y/N No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2403110
