Virtual Tour

$1,250,000

For Sale

2 years ago

829 Grand Ave, Spring Valley, CA

MLS® NDP2405030

0 Bed

0 Bath

4 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 653

Approx. Age 1977

MLS® Number NDP2405030

Property Address: 829 Grand Ave, Spring Valley, CA, 91977-4951

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberNDP2405030

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1977

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 9, 2024List Date

$1,250,000List Price

Commute

Commute

Starting Address

Destination Address

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