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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 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
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other
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