$10,000 Closing Credit¹
#NDP2500425, Angel Lopez, Listing Office: Swell Property
$4,200,000 List price
757 Grand Ave Spring Valley, CA 91977
0.2 acres
House
Property details
About 757 Grand Ave
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.
Highlights
Home typeOther
StatusActive
Lot size0.2346 Acres
Year built1965
MLS #PTP2500615
Summary
- Appliances: Gas Range, Disposal, Gas Oven, Refrigerator, Dryer, Washer
- Private Pool: No
- List Price: $4,200,000
- HOA Amount: $0
- Annual Tax Amount: $35,546
- Tax Year: 2024
- Directions: From I-54 go through Jamacha Blvd., to Grand Ave., make a left at Grand Avenue to 757 Grand Ave.
- Year Built: 1965
- Stories: 2
- Lot Size: 0.2346 Acres
- MLS Number: PTP2500615
- MLS Name: CRMLS
- Office Name: South Bay Real Estate
- Office Email: ed@southbayre.net
- Listing Agent: ED Bustamante
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 11:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,200,000
757 Grand Ave
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 22, 2022 | Home Sold | $2,550,000 |
| Oct 15, 2001 | Home Sold | $566,000 |
| Apr 02, 1990 | Home Sold | $450,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,601,000 | $35,546 |
| 2023 | $2,550,000 | $34,420 |
| 2022 | $787,211 | $13,753 |
| 2021 | $771,776 | $13,691 |
| 2020 | $763,863 | $13,053 |
| 2019 | $748,886 | $12,274 |
| 2018 | $734,203 | $12,274 |
| 2017 | $719,808 | $11,793 |
History based on county public records data.
Nearby schools
2
Kempton Street Elementary School
Public District KG-5
0.3 mi
•740 Kempton St
4
La Presa Elementary School
Public District KG-5
0.4 mi
•519 La Presa Ave
3
Rancho Elementary School
Public District KG-5
1.2 mi
•8845 Noeline Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,253. Residents of Spring Valley, CA typically earn between $35k-100k each year. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
67%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
25%
Single, No Kids
19%
Single, with Kids
22%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
IKEA
Banana Republic
H&M
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Chipotle
What do the neighbors drive?
Lexus
Toyota
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
Jazz- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 757 Grand Ave
The listing price of 757 Grand Ave property is $4,200,000.
The property 757 Grand Ave is a house located in Spring Valley, California, 91977.
Active Listing: 757 Grand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 757 Grand Ave are: Kempton Street Elementary School (GreatSchools Rating 2/10), La Presa Elementary School (GreatSchools Rating 4/10), Rancho Elementary School (GreatSchools Rating 3/10), STEAM Academy at La Presa (GreatSchools Rating 5/10), Audubon K-8 School (GreatSchools Rating 3/10), Keiller Leadership Academy (GreatSchools Rating 6/10), Mount Miguel High School (GreatSchools Rating 4/10), Monte Vista High School (GreatSchools Rating 6/10), Morse High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $35,546 (source: MLS/based on county public records data).
The last sale was on November 22, 2022 for $2,550,000 (source: MLS/tax record).
The property at 757 Grand Ave has 0 bathroom.
The year of construction for 757 Grand Ave is 1965.
This home is located at 757 Grand Ave in Spring Valley, CA and zip code 91977 in the La Presa neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $4,200,000.
From Rocket Homes Real Estate and based on county public records data.