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$1,250,000
Est. payment /mo
4,416 SqFt
UPDATED:
06/11/2024 01:06 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,416 sqft
Price per Sqft $283
MLS Listing ID CRNDP2405030
HOA Y/N No
Year Built 1977
Property 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 cente
Location
State CA
County San Diego
Area Listing
Zoning C36
Interior
Fireplace No
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5843300900
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Listed by Sez Sezer • Douglas Elliman of California