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.
MLS #
CRPTP2507077
MLS Source
California Regional MLS
Days on Site
4
Laundry
Community Facility
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
Listing Agent
Bertha Llamas
Coldwell Banker West
License #: 00869061
Phone: (619) 520-7070
Co-Listing Agent
Reyna Perea Lopez
License #: 02118739
Phone: (619) 274-5706
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 7 | – |
1015 17 Grand Ave is a Residential Income in Spring Valley, CA 91977. This – square foot property sits on a 8,891 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,900,000 and was built in 1986.
This address can also be written as 1015 17 Grand Ave, Spring Valley, CA 91977.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 16, 2025. For the most current information, please contact Bertha Llamas, (619) 520-7070