Request More Info
Schedule a Showing
Share
Print
|
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.
Property Type(s):
Residential Income
| Last Updated | 1/23/2026 | Year Built | 1986 |
|---|---|---|---|
| Community | 91977 - Spring Valley | Garage Spaces | 4.0 |
| County | San Diego |
Price History
| Prior to Jan 23, '26 | $1,900,000 |
|---|---|
| Jan 23, '26 - Today | $1,850,000 |
Additional Details
| AREA | 91977 - Spring Valley |
|---|---|
| GARAGE | Yes |
| HEAT | None |
| LOT | 8891 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| LOT DIMENSIONS | 8891 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Coldwell Banker West
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email