829 Grand Avenue

Spring Valley, CA 91977

$1,250,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $283 / sqft

1977

calendar_month Built

Property Description

Investment opportunity abounds with this multifamily property nestled on Grand Avenue in Spring Valley, California. Offering a promising prospect for astute investors, this cosmetic fixer-upper comprises six units within a single building. Spanning a total of 4,416 square feet of space on a generously sized lot spanning 6,750 square feet, this property holds immense potential for value enhancement and lucrative returns. Conveniently offering six parking spots, accessibility and convenience are prioritized for both residents and potential future tenants. The property layout includes six generously sized two-bedroom, one-bathroom units, accommodating diverse tenant needs. Currently, five units are occupied and one unit vacant, providing immediate income potential while allowing room for value enhancement through strategic renovations. Whether you're an experienced investor looking to capitalize on the Southern California rental market or a newcomer seeking a promising venture, this property offers the ideal canvas for maximizing returns. Within easy reach of La Presa Elementary School, this multifamily property is situated in the dynamic 91977 zip code of Spring Valley, California, offering a plethora of enticing location highlights. From picturesque parks to vibrant shopping centers and eclectic eateries, residents enjoy a diverse range of amenities just moments away from their doorstep. Nature enthusiasts can venture to Sweetwater Reservoir for hiking, fishing, and leisurely picnics, while retail aficionados can peruse the array of shops and boutiques in the vicinity for a satisfying shopping experience. Conveniently situated near Interstate 125, this multifamily property in Spring Valley, California, offers easy access to major transportation routes, ensuring seamless connectivity to neighboring areas and beyond. Whether residents are commuting to work or embarking on leisurely excursions, the proximity to Interstate 125 facilitates efficient travel and enhances the overall convenience of the location. With its promising prospects for value appreciation and lucrative returns, this multifamily property stands as a testament to the potential for success in the Spring Valley real estate market. Whether you're seeking to expand your investment portfolio or embark on a new venture, this property offers the perfect opportunity to achieve your financial goals while providing residents with a comfortable and convenient place to call home. Some pictures are virtually staged.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information

Listing Information

Address 829 Grand Avenue
City Spring Valley
State CA
Zip 91977
County San Diego
Listing Agent Sez Sezer DRE#01988197
Courtesy Of Douglas Elliman of California
MLS NDP2405030
List Price $1,250,000
Status Active
Type Commercial
Subtype Multi Family
Structure Size N/A
Lot Size N/A
Year Built 1977
DOM 3

Exterior Information

Maps

Listing information courtesy of: Sez Sezer, Douglas Elliman of California . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 11th, 2024 at 5:13 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.