Mohr Real Estate Group

Mohr Real Estate Group

757 Grand AV Spring Valley CA 91977 MLS #PTP2500615

757 Grand AV
Spring Valley, CA, 91977
$4,200,000
Beds
0 Baths
0 SqFt
0.23 Acres
Add
Add
$4,200,000
757 Grand AV
Spring Valley, CA, 91977
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Property Description


Prime Investment Opportunity, this investment opportunity presents a compelling prospect in the thriving East County Market. The well-maintained remarkable income producing property presents an excellent income generating opportunity. Ideal property for 1031 tax deferred investors looking for a relinquished or replacement property under a forward or reverse exchange scenario. Call us today for additional information. We are proud to introduce this prime investment opportunity in Spring Valley, San Diego County! This 10- unit rental property offers a robust income.  A fully gated and leased 10-unit condo style apartment building. Desirable unit mix with larger 8 (2 bed / 1.5 Baths and two extra-large (1 bed / 1 bath, all 10 units have recent interior improvements, The complex offers investors the opportunity to purchase a pride of ownership well-maintained property with tremendous upside in San Diego’s most desirable and affordable neighborhood. Investors can purchase the asset, decrease expenses through increased rents and create a well cash-flow asset in one of San Diego best performing markets.  This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area. There is a laundry room currently not in use that could yield additional income, this asset represents a unique offering with immediate value-added upside. With its strategic location and solid cash return. This investment opportunity presents a compelling prospect in the thriving Spring Valley Market.

Property Details

Price:
$4,200,000
MLS #:
PTP2500615
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
91977springvalley
Listed Date:
Jan 23, 2025
Total Sq Ft:
8,840
Lot Size:
10,220 sqft / 0.23 acres (approx)
Year Built:
1965
91977 – Spring Valley91977springvalley

Schools

Interior

Appliances
GD, RF, GO, GR, GAS
Laundry Features
AR, OUT, DINC, WINC

Exterior

Accessibility Features
PK, RML
Common Walls
_2CW
Community Features
SUB
Construction Materials
SEE

Financial

Gross Operating Income
$238,344
Net Operating Income
$179,408
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757 Grand AV
Spring Valley, CA
The Mohr Real Estate Group

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