Prime investment opportunity in the heart of Spring Valley! 1015–1017 Grand Ave features 5 apartments on the second floor (Units 1, 2, 3, F & G), plus multiple income-producing spaces on the first floor including a restaurant (Unit A/B), a vacant commercial unit (Unit C), a laundry facility (Unit D), and 4 garages. This diverse mix offers strong current income with additional upside potential. The restaurant provides steady rental income, the laundry generates sales (or can be leased to a tenant), and the vacant commercial unit and garages present value-add opportunities for increased revenue. Recent improvements include a new roof over Units 1, 2, and 3 (Dec. 2024) and a new fence in the back parking lot. With a solid rental history, multiple income streams, and a desirable location near shopping, schools, and freeway access, this property is ideal for investors seeking stable cash flow and long-term growth.
For sale
Listing Provided by:
Bertha Llamas DRE #00869061 homesbybertha@gmail.com,
Coldwell Banker West,
Reyna Perea Lopez DRE #02118739 619-274-5706,
Coldwell Banker West
$1,900,000
1015-17 Grand Ave, Spring Valley, CA 91977
6beds
5baths
5,772sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$1,849,500 Zestimate®
$329/sqft
$-- HOA
What's special
New roofNew fence
- 93 days |
- 135 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: September 15, 2025 at 09:57pm
Listing Provided by:
Bertha Llamas DRE #00869061 homesbybertha@gmail.com,
Coldwell Banker West,
Reyna Perea Lopez DRE #02118739 619-274-5706,
Coldwell Banker West
Source: CRMLS,MLS#: PTP2507077
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 5,772
- Total interior livable area: 5,772 sqft
Video & virtual tour
Property
Parking
- Total spaces: 18
- Parking features: Garage
- Garage spaces: 4
- Uncovered spaces: 14
Features
- Entry location: 1
- Pool features: None
- Fencing: New Condition
Lot
- Size: 8,891 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 5793651900
- Zoning: COMMERCIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Spring Valley
Financial & listing details
- Price per square foot: $329/sqft
- Date on market: 9/15/2025
- Listing terms: Submit
Estimated market value
$1,849,500
$1.76M - $1.94M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $1,900,000$329/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$11,995/mo
Principal & interest
$9478
Property taxes
$1852
Home insurance
$665
Climate risks
Neighborhood: 91977
Nearby schools
GreatSchools rating
- 4/10Science, Technology, Engineering, Arts, And Math Academy At La PresaGrades: 5-8Distance: 0.5 mi
- 6/10Monte Vista High SchoolGrades: 9-12Distance: 2 mi
- 7/10Sweetwater Springs Elementary SchoolGrades: K-6Distance: 1.7 mi
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