757 Grand Avenue

Spring Valley, CA 91977

$4,200,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1965

calendar_month Built

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.

Listing Information

List Price $4,200,000
Status Active
MLS PTP2500615
HOA $0
Type Residential Income
Year Built 1965
Lot Size 10,220
Structure Size N/A
DOM 1
Courtesy Of South Bay Real Estate
Listing Agent ED Bustamante DRE#00845295

Interior Features

Laundry Information
Location(s) Common Area, Outside
Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: ED Bustamante, South Bay Real Estate 619-778-4579. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 25th, 2025 at 2:45 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.