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757 Grand AVE Spring Valley, CA 91977

10,219 Sqft Lot

UPDATED:

01/24/2025 02:43 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2500615

HOA Y/N No

Year Built 1965

Lot Size 10,219 Sqft

Property Description

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. 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. 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.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Zoning Commercial

Interior

Fireplace No

Appliance Gas Cooking, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Washer

Laundry Common Area, Outside

Exterior

Pool None

Community Features Suburban

View Y/N No

Accessibility Parking, Accessible Approach with Ramp

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Street Level, Yard

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 5843605500

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry, Private Financing Available, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry, Private Financing Available, Submit

Special Listing Condition Standard

Listed by ED Bustamante • South Bay Real Estate • [email protected]