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.
Listed by ED Bustamante
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License #00845295
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South Bay Real Estate
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ed@southbayre.net
Last updated July 28, 2025
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Source: CRMLS #PTP2500615
Listing Facts
TypeMulti-family
NeighborhoodColony of la Presa
Days on Prevu300
Amenities
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$4,200,000
10/21/2025
Status changed to Removed from Feed
$4,200,000
10/20/2025
Status changed to Active
$4,200,000
10/19/2025
Status changed to Removed from Feed
$4,200,000
10/17/2025
Status changed to Active
$4,200,000
10/16/2025
Status changed to Removed from Feed
$4,200,000
10/04/2025
Status changed to Active
$4,200,000
10/03/2025
Status changed to Removed from Feed
$4,200,000
09/20/2025
Status changed to Active
$4,200,000
09/19/2025
Status changed to Removed from Feed
$4,200,000
09/18/2025
Status changed to Active
$4,200,000
09/16/2025
Status changed to Removed from Feed
$4,200,000
09/15/2025
Status changed to Active
$4,200,000
09/14/2025
Status changed to Removed from Feed
$4,200,000
09/13/2025
Status changed to Active
$4,200,000
09/12/2025
Status changed to Removed from Feed
$4,200,000
09/12/2025
Status changed to Active
$4,200,000
09/05/2025
Status changed to Removed from Feed
$4,200,000
09/04/2025
Status changed to Active
$4,200,000
09/03/2025
Status changed to Removed from Feed
$4,200,000
08/31/2025
Status changed to Active
$4,200,000
08/28/2025
Status changed to Removed from Feed
$4,200,000
07/24/2025
Status changed to Active
$4,200,000
07/23/2025
Status changed to Removed from Feed
$4,200,000
06/28/2025
Status changed to Active
$4,200,000
06/27/2025
Status changed to Removed from Feed
$4,200,000
04/16/2025
Status changed to Active
$4,200,000
04/16/2025
Status changed to Removed from Feed
$4,200,000
01/23/2025
Listed by South Bay Real Estate
$4,200,000
Property Details for 757 Grand Avenue
Association
Amenities
Community Features: Suburban
Exterior
Construction
Number Of Units Total: 10
Property Attached: Yes
Stories Total: 2
Year Built: 1965
Common Walls: 2+ Common Walls
Construction Materials: See Remarks
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 8,840
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre, Street Level, Yard
Lot Size Acres: 0.23
Lot Size Area: 10,220
Lot Size Source: Assessor
Lot Size Square Feet: 10,220
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.27
Gross Income: $238,344.00
Operating Expense: $58,936.00
Taxes
Parcel Number: 5843605500
Interior
Features
Appliances: Gas Cooking, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
Other
Features
Accessibility Features: Parking, Accessible Approach With Ramp
Location
Tax Lot: 20/2-4
Utilities
Equipment
Laundry Features: Common Area, Outside
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.
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.