Lake Home For Sale near Sweetwater Reservoir

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.

Property Details

  • Beds: 6
  • Baths: 0.0
  • Sq Feet: 5772
  • Year Built: 1986
  • Location: Sweetwater Reservoir
  • Acres: 0.204
  • County: San Diego County
  • Roof:
  • Stories: 2
  • MLS #: PTP2507077

Location

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Contact Information:

Contact Agent
Listing Agent: Bertha Llamas, Coldwell Banker West, 619-737-2126, 619-934-8802 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Home For Sale in Spring Valley, California
Ad Number : 6972496
Viewed: 24 times
Added: Sep 16, 2025
Updated on: Sep 16, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.