1015 17 Grand Avenue Spring Valley, CA ^$ 1,900,000

1015 17 Grand Avenue

^$ 1,900,000

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1015 17 Grand Avenue

Spring Valley, CA, 91977

^$ 1,900,000

Studio Baths1.0 Sq 5,772

Monthly Estimate*

^$ 11,854

Listed by Coldwell Banker West

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Studio

Multi-Family Home for sale in Spring Valley, CA

for $1,900,000 with 1 full bath. This 5,772 square foot home was built in 1986 on a lot size of 0.2041.

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.

Multi-Family Active

Price

^$ 1,900,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2041

Year Built

1986

Town/City

Spring Valley

County/Region

San Diego

MLS | Web ID

PTP2507077

Days on Market

Features

General

Sewer Public Sewer

Zoning COMMERCIAL

HOA Fee 0

Garage Spaces 4

Pool Features None

Year Built 1986

Gross Income 9320

Community Features Street Lights Sidewalks

County San Diego

Net Operating Income 73851

Operating Expense 37989

Insurance Expense 6540

New Construction 0

Property Type Residential Income

HOA 0

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions GPS Jamacha Rd.

City Spring Valley

Entry Location 1

Senior Community Y/N 0

Open Parking Spaces 14

Number Of Units Total 8

MLS Area 91977 - Spring Valley

Lot Size Units Square Feet

Lot Size Square Feet 8891

Number of Units Leased 7

Listing Terms Submit

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 149

Fuel Expense 171

Trash Expense 357

Water Sewer Expense 341

Additional Parcels Y/N 0

Rent Control Y/N 0

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2403110

Standard Status Active

Tax Lot 83349

Taxes 17000

Cap Rate 3.9

Interior

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N 0

Heating Y/N 0

Fireplace Y/N 0

Laundry Features Common Area

Entry Level 1

Total Baths 0

Exterior

Fencing New Condition

Lot Features Near Public Transit

Total Parking 18

Lot Size Area 8891

Number of Buildings 1

Spa 0

Building Area Total 5772

Lot Size Acres 0.2041

Private Pool 0

Lot Size Source Public Records

Number of Separate Water Meters 2

Number of Separate Gas Meters 4

Number of Separate Electric Meters 7

* Excluded Features

List By

Coldwell Banker West

Broker

homesbybertha@gmail.com

Affordability Calculator

$11,854

Per Month

Monthly Principal & Interest: $11,854
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Spring Valley, CA

Average List Price ^$1,717,062

Percent of Sale Price 10%

About Spring Valley, CA

705 Population

22% Since 2002

^$62,332 Median Income

55.27 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,900,000		Listed Price

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1015 17 Grand Avenue, Spring Valley, CA, 91977 is a Multi-Family Home for sale at $1,900,000 with 5,772 sqft and a lot size of 0.2041. 1015 17 Grand Avenue is a studio with 1.0 baths and was built in 1986. The property's zip code is 91977 which is in Spring Valley, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/15/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1015 17 Grand Avenue

Multi-Family Home for sale in Spring Valley, CA

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