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.
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
48412632
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Sewer : Public Sewer
Interior Features
- Property Appliances: Gas Cooking,Disposal,Gas Oven,Gas Range,Refrigerator,Dryer,Washer
Cooling Features
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 8,840
- Construction: See Remarks
Accessibility Features
- Parking,Accessible Approach with Ramp
Pool Features
- None
Laundry Features
- Common Area,Outside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2346
- Lot Size Source: Assessor
- Lot Size Square Feet: 10220
-
Listing Information
Listing Price Information
- Original List Price: 4,200,000
- Listing Contract Date: 2025-01-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5843605500
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 91977 - Spring Valley
- Directions: From I-54 go through Jamacha Blvd., to Grand Ave., make a left at Grand Avenue to 757 Grand Ave.
- Zoning: Commercial
- Source Property Type: Residential Income
- Area: 91977 - Spring Valley
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 02/22/2025 @ 19:58
- MLS: PTP2500615
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 8,840 sqft, 10,220 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Spring Valley , in zip code 91977, this San Diego County Home , it is in the Spring Valley Subdivision, are nearby neighborhoods.