BuySellBlogBrowse Listings
1015 17 Grand Avenue, Spring Valley CA 91977
1015 17 Grand Avenue, Spring Valley CA 91977
1015 17 Grand Avenue, Spring Valley CA 91977
1015 17 Grand Avenue, Spring Valley CA 91977
1015 17 Grand Avenue, Spring Valley CA 91977
1015 17 Grand Avenue, Spring Valley CA 91977
California>San Diego County>La Presa

1015 17 Grand AvenueSpring Valley, CA 91977

For Sale

$1,900,000

Smart Buyer Rebate $19,000

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.

Listed by Bertha Llamas

·

License #00869061

·

Coldwell Banker West

·

homesbybertha@gmail.com

Listed by Reyna Perea Lopez

·

License #02118739

·

Coldwell Banker West

Last updated September 16, 2025

·

Source: CRMLS #PTP2507077

Listing Facts

  • TypeMulti-family
  • NeighborhoodLa Presa
  • Days on Prevu65

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,900,000
10/21/2025
Status changed to Removed from Feed
$1,900,000
10/18/2025
Status changed to Active
$1,900,000
10/17/2025
Status changed to Removed from Feed
$1,900,000
10/05/2025
Status changed to Active
$1,900,000
10/03/2025
Status changed to Removed from Feed
$1,900,000
09/21/2025
Status changed to Active
$1,900,000
09/20/2025
Status changed to Removed from Feed
$1,900,000
09/15/2025
Listed by Coldwell Banker West
$1,900,000

Property Details for 1015 17 Grand Avenue

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1986
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Features

  • Fencing: New Condition

Measurements

  • Building Area Total: 5,772
  • Lot Features: Near Public Transit
  • Lot Size Acres: 0.20
  • Lot Size Area: 8,891
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8,891
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.9
  • Gross Income: $9,320.00
  • Operating Expense: $37,989.00

Taxes

  • Parcel Number: 5793651900

Other

Location

  • Tax Lot: 83349

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 14
  • Parking Total: 18

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.