Homes for sale - 1015 1017 Grand AVE, Spring Valley, CA 91977

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Ernie Caponera

Newport Properties

ernie@newport-properties.com +1(714) 606-0926

$2,400,000

Est. payment - /mo

8,890 Sqft Lot

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UPDATED:

09/30/2024 06:50 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2403110

HOA Y/N No

Year Built 1986

Lot Size 8,890 Sqft

Property Description

This exceptional building offers a blend of residential and commercial spaces, making it a versatile investment for savvy buyers. Here’s what you’ll find: Residential Units: 6 apartments provide steady rental income, all units are leased and rents are low/room to increase revenue. Garages: 4 spacious garages, perfect for tenant use or additional rental income. Parking: 14 parking spaces, ensuring ample room for residents and guests. Utility Room: Conveniently located for easy access and maintenance. Service Bathrooms: 2 bathrooms available for service staff or public use. Laundry Room: Generates additional income, adding to the property’s revenue stream. Commercial Space: Includes a fully operational restaurant, enhancing the property’s commercial appeal. Recently installed new fence in the back lot, asphalt was recently redone about 2 years ago and one side of the building was reroofed about 1 year ago. Conveniently located close to public transportation and shopping centers.***ADU POTENTIAL*** All reasonable offers will be considered. Don’t miss out on this prime investment opportunity – submit your offer today!

Location

State CA

County San Diego

Area 91977 - Spring Valley

Zoning COMMERCIAL

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

Total Parking Spaces 18

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 5793651900

Energy Description 171.0

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Bertha Llamas • Coldwell Banker West

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

1015 1017 Grand AVE Spring Valley, CA 91977