About 757 Grand Avenue
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.
Features of 757 Grand Avenue
| MLS® # | PTP2500615 |
|---|---|
| Price | $4,200,000 |
| Bedrooms | 18 |
| Bathrooms | 24.00 |
| Acres | 0.23 |
| Year Built | 1965 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 757 Grand Avenue |
|---|---|
| Area | 91977 - Spring Valley |
| City | Spring Valley |
| County | San Diego |
| Zip Code | 91977 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Disposal, Gas Oven, Refrigerator, Dryer, Washer, Gas Cooking, Gas Range |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | See Remarks |
|---|---|
| Lot Description | ZeroToOneUnitAcre, Street Level, Yard |
| Construction | See Remarks |
Additional Information
| Date Listed | January 21st, 2025 |
|---|---|
| Days on Market | 284 |
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ed Bustamante |
|---|---|
| Office | South Bay Real Estate |
