757 Grand Avenue
Spring Valley, CA 91977
- – beds
- – baths
- – sqft
- 10,220 sqft lot
- 1965 build
- – on site
Prime Investment Opportunity, this investment opportunity presents a compelling prospect in the thriving East County Market. The well-maintained remarkable income producing property presents an excellent income generating opportunity. Ideal property for 1031 tax deferred investors looking for a relinquished or replacement property under a forward or reverse exchange scenario. Call us today for additional information. We are proud to introduce this prime investment opportunity in Spring Valley, San Diego County! This 10- unit rental property offers a robust income. Â A fully gated and leased 10-unit condo style apartment building. Desirable unit mix with larger 8 (2 bed / 1.5 Baths and two extra-large (1 bed / 1 bath, all 10 units have recent interior improvements, The complex offers investors the opportunity to purchase a pride of ownership well-maintained property with tremendous upside in San Diego's most desirable and affordable neighborhood. Investors can purchase the asset, decrease expenses through increased rents and create a well cash-flow asset in one of San Diego best performing markets. Â This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area. There is a laundry room currently not in use that could yield additional income, this asset represents a unique offering with immediate value-added upside. With its strategic location and solid cash return. This investment opportunity presents a compelling prospect in the thriving Spring Valley Market.
Last checked:
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Last updated Jan 25, 2025
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MLS# PTP2500615 —
The Building
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Year Built:1965
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:See Remarks
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Building Area Total:8840.00
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Building Area Units:Square Feet
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Total Number Of Units:10
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Accessibility Features:Parking, Ramp - Main Level
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:10
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# of Separate Electric Meters:10
Interior
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Entry Location:1
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Number Wall AC:5
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Fireplace:No
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Laundry:Common Area, Dryer Included, Outside, Washer Included
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Laundry:1
Location
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Directions:From I-54 go through Jamacha Blvd., to Grand Ave., make a left at Grand Avenue to 757 Grand Ave.
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Latitude:32.71135600
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Longitude:-116.99703100
The Property
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Property Type:Residential Income
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Zoning:Commercial
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Lot Features:0-1 Unit/Acre, Level with Street, Lot 10000-19999 Sqft, Yard
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Lot Size Area:10220.0000
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Lot Size Acres:0.2346
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Lot Size SqFt:10220.00
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Lot Size Source:Assessor
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Fence:No
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:441
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Tax Lot:20/2-4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5843605500
Heating & Cooling
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Cooling:No
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Disposal, Gas Cooking, Gas Oven, Gas Range, Refrigerator
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Included:Yes
The Community
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Neighborhood:La Presa
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Features:Suburban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
Extra Units
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Number With Drapes:10
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Number With Disposal:10
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Number With Refrigerator:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/23/25
Jan 23, 2025
|
Listed / Active | CRMLS_CA | $4,200,000 | |
2/1/24
Feb 1, 2024
|
Listed / Active | CRMLS_CA | ||
7/19/23
Jul 19, 2023
|
Relisted | CRMLS_CA |