8
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Listed by Bertha Llamas • Coldwell Banker West
$1,900,000
Est. payment /mo
8,891 Sqft Lot
Active
1015 17 Grand AVE Spring Valley, CA 91977
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2507077
Year Built 1986
Lot Size 8,891 Sqft
Source California Regional MLS
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
Interior
Laundry Community Facility
Exterior
Garage Spaces 18.0
Pool None
Others
Tax ID 5793651900
Special Listing Condition Not Applicable
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