757 Grand Ave

Spring Valley, CA 91977

$4,200,000
Price
18
Beds
1
Bath
8,840 Sq. Ft.
$475 / Sq. Ft.
8,840
Sq. Ft.
$475
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard and garage
a view of a house with basketball court
a view of a backyard with sitting area and furniture
a view of house with roof yard
a view of a chairs and table in the patio
a view of a house with wooden deck
a view of a balcony
a view of a balcony and cars park
a view of house with outdoor space and entertaining space
a view of a balcony
a car parked in front of a white building
a view of a outdoor space and patio
a view of a house with backyard and sitting area

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...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.
  1. Listed by ED Bustamante • DRE #00845295 • Brokerage DRE #00845295 • South Bay Real Estate • ed@southbayre.net

Property Details for 757 Grand Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
8840
Assessor Parcel Number
584-360-55-00
Property Attached YN
true
LISTING UPDATED: 12/06/2025 09:49 AM

Property Details for 757 Grand Avenue

StatusActive
MLS #PTP2500615
Days on Market334
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.23 AC / 10,220 SF
CountySan Diego County

Location

Listing Courtesy of South Bay Real Estate, ED Bustamante, DRE #00845295
Add your commute

Building Information for 757 Grand Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.23 AC / 10,220 SF

Payment Calculator

$23,844 per month

30 year fixed, 6.28% Interest

Principal and Interest

$20,754

Property Taxes

$3,090

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 757 Grand Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $238,344
  • Gross Scheduled Income: $238,344
  • Gross Equity: $4,200
  • Gross Operating Income: $238,344
  • Net Operating Income: $179,408
  • Cap Rate: 4.27
Expense Details
  • Operating Expense: $58,936
  • New Taxes Expense: $34,420
  • Insurance Expense: $9,043
  • Professional Management Expense: $11,916
  • Trash Expense: $5,400
  • Water Sewer Expense: $7,200
  • Total Expenses: $58,936
Tax / Assessment Info
  • Tax Tract Number: 441
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 20/2-4
Community / Development
Community / Development
  • Accessibility Features: Parking, Ramp - Main Level
  • Disability Access: Other Main Level Modifications, Ramp - Main Level
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Cooking, Gas Oven, Gas Range, Refrigerator
  • Equipment: Dryer, Dryer Included, Laundry Area, Outside, Refrigerator, Washer, Washer Included
Exterior Features
  • Construction Materials: See Remarks
  • Exterior Construction: Other
  • Exterior: Other/Remarks
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Level with Street, Lot 10000-19999 Sqft, Yard
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2640
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 1870
  • Unit Type Type: 10
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,730
  • Unit Type Total Rent: $1,730
  • Unit Type Pro Forma: 1903
  • Unit Type Type: 2
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,705
  • Unit Type Total Rent: $1,705
  • Unit Type Pro Forma: 1875
  • Unit Type Type: 3
Unit 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,145
  • Unit Type Total Rent: $2,145
  • Unit Type Pro Forma: 2359
  • Unit Type Type: 4
Unit 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,485
  • Unit Type Total Rent: $1,485
  • Unit Type Pro Forma: 1633
  • Unit Type Type: 5
Unit 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2860
  • Unit Type Type: 6
Unit 8
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,737
  • Unit Type Total Rent: $1,737
  • Unit Type Pro Forma: 1911
  • Unit Type Type: 7
Unit 9
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 15
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,760
  • Unit Type Total Rent: $1,760
  • Unit Type Pro Forma: 1936
  • Unit Type Type: 8
Unit 10
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2860
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 0
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Number With Disposal: 10
  • Number With Drapes: 10
  • Number Wall AC: 5

Property History for 757 Grand Avenue

DateEvent & SourcePriceAppreciation
Jan 23, 2025

Listed (Active)

CRMLS #PTP2500615

$4,200,000—
Jan 21, 2025

Listed (Active)

CLAW #PTP2500615MR

$4,200,000—
Jan 21, 2025

Listed (Active)

SDMLS #PTP2500615

$4,200,000—
Oct 1, 2024

Expired

SDMLS #PTP2400621

$3,995,000—
Sep 30, 2024

Expired

CRMLS #PTP2400621

—
Sep 30, 2024

Expired

CLAW #PTP2400621MR

$3,995,000—
Feb 1, 2024

Listed (Active)

SDMLS #PTP2400621

$3,995,000—
Feb 1, 2024

Listed (Active)

CLAW #PTP2400621MR

$3,995,000—
Feb 1, 2024

Expired

SDMLS #PTP2302923

$3,500,000—
Feb 1, 2024

Listed (Active)

CRMLS #PTP2400621

$3,995,000—
Jan 31, 2024

Expired

CRMLS #PTP2302923

$3,500,000—
Jan 31, 2024

Expired

CLAW #PTP2302923MR

—
Jul 19, 2023

Listed (Active)

CRMLS #PTP2302923

—
Jul 19, 2023

Price Change

CLAW #PTP2302923MR

$3,500,000—
Jul 19, 2023

Listed (Active)

CLAW #PTP2302923MR

$3,750,000—
Jul 16, 2023

Pending

CRMLS #PTP2302923

—
Jul 16, 2023

Pending

CLAW #PTP2302923MR

—
Jul 10, 2023

Price Change

CRMLS #PTP2302923

$3,500,000—
Jul 10, 2023

Price Change

CLAW #PTP2302923MR

$3,500,000—
Jun 19, 2023

Listed (Active)

CRMLS #PTP2302923

$3,750,000—
Jun 18, 2023

Listed (Active)

CLAW #PTP2302923MR

$3,750,000—
Jun 18, 2023

Listed (Active)

SDMLS #PTP2302923

$3,750,000—
Nov 10, 2022

Sold (Public Record)

Public Record #1501579262

$2,550,000

+7.4% / yr

Oct 15, 2001

Sold (Public Record)

Public Record #78678842

$566,000—
May 1, 2000

Withdrawn

SDMLS #9801178

—
Aug 12, 1998

Listed (Active)

SDMLS #9801178

$500,000—
Jul 7, 1998

Expired

SDMLS #9700763

—
Jul 7, 1997

Listed (Active)

SDMLS #9700763

$500,000—
DateEvent & SourcePrice
01/23/2025

Listed (Active)

CRMLS #PTP2500615

$4,200,000
01/21/2025

Listed (Active)

CLAW #PTP2500615MR

$4,200,000
01/21/2025

Listed (Active)

SDMLS #PTP2500615

$4,200,000
10/01/2024

Expired

SDMLS #PTP2400621

$3,995,000
09/30/2024

Expired

CRMLS #PTP2400621

—
09/30/2024

Expired

CLAW #PTP2400621MR

$3,995,000
02/01/2024

Listed (Active)

SDMLS #PTP2400621

$3,995,000
02/01/2024

Listed (Active)

CLAW #PTP2400621MR

$3,995,000
02/01/2024

Expired

SDMLS #PTP2302923

$3,500,000
02/01/2024

Listed (Active)

CRMLS #PTP2400621

$3,995,000
01/31/2024

Expired

CRMLS #PTP2302923

$3,500,000
01/31/2024

Expired

CLAW #PTP2302923MR

—
07/19/2023

Listed (Active)

CRMLS #PTP2302923

—
07/19/2023

Price Change

CLAW #PTP2302923MR

$3,500,000
07/19/2023

Listed (Active)

CLAW #PTP2302923MR

$3,750,000
07/16/2023

Pending

CRMLS #PTP2302923

—
07/16/2023

Pending

CLAW #PTP2302923MR

—
07/10/2023

Price Change

CRMLS #PTP2302923

$3,500,000
07/10/2023

Price Change

CLAW #PTP2302923MR

$3,500,000
06/19/2023

Listed (Active)

CRMLS #PTP2302923

$3,750,000
06/18/2023

Listed (Active)

CLAW #PTP2302923MR

$3,750,000
06/18/2023

Listed (Active)

SDMLS #PTP2302923

$3,750,000
11/10/2022

Sold (Public Record)

Public Record #1501579262

$2,550,000

+7.4% / yr

10/15/2001

Sold (Public Record)

Public Record #78678842

$566,000
05/01/2000

Withdrawn

SDMLS #9801178

—
08/12/1998

Listed (Active)

SDMLS #9801178

$500,000
07/07/1998

Expired

SDMLS #9700763

—
07/07/1997

Listed (Active)

SDMLS #9700763

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 757 Grand Avenue

Taxable ValueLand$1,560,600Additions$1,092,420Total$2,653,020
Tax Record2025$37,075 ($3,090 / month)
Home Facts
Total Finished SqFt8,840 SqFtAbove Grade Finished SqFt8,840 SqFtLot Size10,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningCOMMERCIALCountySAN DIEGOAPN584-360-55-00

Schools near 757 Grand Avenue

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Kempton Street Elementary School
Public - K to 6
Science, Technology, Engineering, Arts, And Math Academy At La Presa
Public - 5 to 8
Monte Vista High School
Public - 9 to 12
Sparrow Academy
Charter - K to 8
Rating
School
Distance
Kempton Street Elementary School
PublicK to 6

Science, Technology, Engineering, Arts, And Math Academy At La Presa
Public5 to 8

Monte Vista High School
Public9 to 12

Sparrow Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 757 Grand Avenue, Spring Valley, CA 91977

757 Grand Avenue is a multi-family home for sale in Spring Valley, CA 91977. This property was listed for sale on January 21, 2025 by South Bay Real Estate, it's currently listed at $4,200,000. It has been on the market for a total of 334 days and was last sold on November 10, 2022. This listing's school districts are La Mesa-Spring Valley School District, Grossmont Union High School District. Nearby schools include Kempton Street Elementary School, Science, Technology, Engineering, Arts, And Math Academy At La Presa and Monte Vista High School. 757 Grand Avenue is a 18-bed, 1-bath, 8,840 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Bay Real Estate, ED Bustamante, DRE #00845295

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