Back to Search
1015 17 Grand Ave
For Sale $1,900,000
$1,900,000
- 8 Units
- Unknown Sq Ft
- 8,891 Sq Ft
- Unknown Cap Rate
Description
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.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,900,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1986 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5793651900 |
| MLS # | PTP2507077 |
| Property ID | 322178560 |
| Lot Sqft | 8,891 |
| Zoning | COMMERCIAL |
| Total Units | 8 |
| Days on Market | 87 |
| Original List Price | $1,900,000 |
| Date Updated | September 15, 2025 |
| Date Created | September 13, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Bertha Llamas an agent of Coldwell Banker West. Lic #00869061
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 15, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT