$1,900,000

1015 17 Grand Avenue, Spring Valley, CA 91977

  • 5,772 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon8,891sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $329/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
September 15, 2025 at 05:00AM
Listing Office:
Coldwell Banker West : 619-934-8802
Listing Agent:
Bertha Llamas : 619-520-7070
MLS ID:
PTP2507077
  • Laundry: Common Area
  • A/C: None
  • Heating: None
  • Pool: None
  • Parking: Parking spaces: 18
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRP
  • County: San Diego
  • Zoning: COMMERCIAL5793651900
  • Fencing: New Condition
  • Sewer: Public Sewer
  • Source: CRMLS_CRP

This listing courtesy of Bertha Llamas, Coldwell Banker West

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kempton Street Elementary School

740 Kempton St, Spring Valley, CA, 91977

Grades KG-5

0.45 miles away

S

STEAM Academy at La Presa

1001 Leland St, Spring Valley, CA, 91977

Grades 6-8

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.