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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.
| DAYS ON MARKET | 84 | LAST UPDATED | 9/15/2025 |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | 91977 - Spring Valley |
| GARAGE SPACES | 4.0 | COUNTY | San Diego |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | 91977 - Spring Valley |
|---|---|
| GARAGE | Yes |
| HEAT | None |
| LOT | 8891 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 8891 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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