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Listed by ED R Bustamante • South Bay Real Estate
$ 4,200,000
Est. payment /mo
New
757 Grand Avenue Spring Valley, CA 91977
8,840 SqFt
UPDATED:
01/25/2025 03:45 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,840 sqft
Price per Sqft $475
MLS Listing ID 8P-2500615
Year Built 1965
Lot Size 10,220 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
Zoning Commercial
Interior
Laundry Common Area, Dryer Included, Outside, Washer Included
Exterior
Parking Features Gated
Pool None
Community Features Suburban
View Y/N No
Building
Lot Description Level with Street, Lot 10000-19999 Sqft, Yard, 0-1 Unit/Acre
Sewer Public Sewer