1015 17 Grand AVE new Save Request In-Person Tour Request Virtual Tour
Spring Valley,CA 91977
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2507077
Year Built 1986
Lot Size 8,890 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 Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Fence New Condition
Pool None
Community Features Street Lights,Sidewalks
View Y/N No
Building
Lot Description Near Public Transit
Story 2
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2403110