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
Price:
$4,200,000
MLS #:
PTP2500615
Status:
Active
Baths:
0
Address:
757 Grand Avenue
Type:
Residential Income
Neighborhood:
91977springvalley
City:
Spring Valley
Listed Date:
Jan 21, 2025
State:
CA
ZIP:
91977
Lot Size:
10,220 sqft / 0.23 acres (approx)
Year Built:
1965
See this Listing
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Schools
Interior
Accessibility Features
Parking, Ramp – Main Level
Appliances
Disposal, Gas Cooking, Gas Oven, Gas Range, Refrigerator
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Level with Street, Lot 10000-19999 Sqft, Yard
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address757 Grand Avenue Spring Valley CA
- Area91977 – Spring Valley
- CitySpring Valley
- CountySan Diego
- Zip Code91977
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757 Grand Avenue
Spring Valley, CA
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