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$ 1,850,000
Est. payment | /mo
4 Beds
4 Baths
8,891 Sqft Lot
$ 1,850,000
Est. payment | /mo
4 Beds
4 Baths
8,891 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2507077
Bedrooms 4
Lot Size 8,891 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime investment opportunity in the heart of Spring Valley! 10151017 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
Direction GPS Jamacha Rd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5793651900
Listed by Bertha Llamas Coldwell Banker West