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.
For sale
Listing Provided by:
Bertha Llamas DRE #00869061 homesbybertha@gmail.com,
Coldwell Banker West,
Reyna Perea Lopez DRE #02118739 619-274-5706,
Coldwell Banker West
$1,900,000
1015-17 Grand Ave, Spring Valley, CA 91977
6beds
5baths
5,772sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$1,844,400 Zestimate®
$329/sqft
$-- HOA
What's special
New roofNew fence
- 21 days |
- 322 |
- 12 |
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