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$ 1,900,000
Est. payment | /mo
5,772 SqFt
$ 1,900,000
Est. payment | /mo
5,772 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,772 sqft
Price per Sqft $329
MLS Listing ID CRPTP2507077
HOA Y/N No
Year Built 1986
Lot Size 8,891 Sqft
Acres 0.2
Property Sub-Type Other
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.
Location
State CA
County San Diego
Zoning COMM
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other
New Construction No
Others
Tax ID 5793651900
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2403110
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Bertha Llamas • Coldwell Banker West
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Patrick Nagel
REALTOR® | Lic# 1760790