757 Grand Avenue Active

Spring Valley,CA 91977

$ 4200000

- Bed

0 Bath

8840 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,840 sqft

Price per Sqft $475

MLS Listing ID 8P-2500615

Year Built 1965

Lot Size 10,220 Sqft

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.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Zoning Commercial

Interior

Laundry Common Area,Dryer Included,Outside,Washer Included

Exterior

Parking Features Gated

Pool None

Community Features Suburban

View Y/N No

Building

Lot Description Level with Street,Lot 10000-19999 Sqft,Yard,0-1 Unit/Acre

Sewer Public Sewer

Others

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