$4,200,000
For Sale

757 Grand Avenue

Spring Valley, CA 91977
0.23 acres | #PTP2500615
Listing OfficeSouth Bay Real Estate
Browse 14 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, StreetLevel, Yard
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$4,200,000
      • MLS #PTP2500615
      • MLS #PTP2500615
      • CountySan Diego
      • Cost4200000
      • Acres0.2346
      • Year Built1965
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
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