Homes for sale - 1015 17 Grand AVE, Spring Valley, CA 91977

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Gabriel McKnight

gabriel.mcknight@kw.com +1(619) 988-7998

$ 1,900,000

Est. payment | -/mo

8,890 Sqft Lot

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$ 1,900,000

Est. payment | -/mo

Save Virtual Tour

8,890 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2507077

HOA Y/N No

Year Built 1986

Lot Size 8,890 Sqft

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

Area 91977 - Spring Valley

Zoning COMMERCIAL

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Fence New Condition

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

Total Parking Spaces 18

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 5793651900

Energy Description 171.0

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2403110

Listed by Bertha Llamas Coldwell Banker West homesbybertha@gmail.com

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Gabriel McKnight

REALTOR® | Lic# 02112207

gabriel.mcknight@kw.com

+1(619) 988-7998

31569 Canyon Estates DR Suite 200 Lake Elsinore CA 92532

1015 17 Grand AVE Spring Valley, CA 91977

Gabriel McKnight

Key Details

Location

Interior

Exterior

Building

Others

1015 17 Grand AVE