Spring Valley, CA 91977,1015 Grand Avenue
Spring Valley, CA 91977,1015 Grand Avenue
Spring Valley, CA 91977,1015 Grand Avenue
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31
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$1,900,000
Est. payment /mo
5,772 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,772 sqft

Price per Sqft $329

MLS Listing ID CRPTP2507077

HOA Y/N No

Year Built 1986

Lot Size 8,891 Sqft

Acres 0.2

Property Sub-Type Other

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

Zoning COMM

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Other

New Construction No

Others

Tax ID 5793651900

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2403110


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Bridge MLS
Listed by Bertha Llamas • Coldwell Banker West

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1015 Grand Avenue