Description
Investment opportunity abounds with this multifamily property nestled on Grand Avenue in Spring Valley, California. Offering a promising prospect for astute investors, this cosmetic fixer-upper comprises six units within a single building. Spanning a total of 4,416 square feet of space on a generously sized lot spanning 6,750 square feet, this property holds immense potential for value enhancement and lucrative returns. Conveniently offering six parking spots, accessibility and convenience are prioritized for both residents and potential future tenants. The property layout includes six generously sized two-bedroom, one-bathroom units, accommodating diverse tenant needs. Currently, five units are occupied and one unit vacant, providing immediate income potential while allowing room for value enhancement through strategic renovations. Whether you're an experienced investor looking to capitalize on the Southern California rental market or a newcomer seeking a promising venture, this property offers the ideal canvas for maximizing returns. Within easy reach of La Presa Elementary School, this multifamily property is situated in the dynamic 91977 zip code of Spring Valley, California, offering a plethora of enticing location highlights. From picturesque parks to vibrant shopping centers and eclectic eateries, residents enjoy a diverse range of amenities just moments away from their doorstep. Nature enthusiasts can venture to Sweetwater Reservoir for hiking, fishing, and leisurely picnics, while retail aficionados can peruse the array of shops and boutiques in the vicinity for a satisfying shopping experience. Conveniently situated near Interstate 125, this multifamily property in Spring Valley, California, offers easy access to major transportation routes, ensuring seamless connectivity to neighboring areas and beyond. Whether residents are commuting to work or embarking on leisurely excursions, the proximity to Interstate 125 facilitates efficient travel and enhances the overall convenience of the location. With its promising prospects for value appreciation and lucrative returns, this multifamily property stands as a testament to the potential for success in the Spring Valley real estate market. Whether you're seeking to expand your investment portfolio or embark on a new venture, this property offers the perfect opportunity to achieve your financial goals while providing residents with a comfortable and convenient place to call home. Some pictures are virtually staged.
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01/2 BATHS
School Ratings & Info
Description
Investment opportunity abounds with this multifamily property nestled on Grand Avenue in Spring Valley, California. Offering a promising prospect for astute investors, this cosmetic fixer-upper comprises six units within a single building. Spanning a total of 4,416 square feet of space on a generously sized lot spanning 6,750 square feet, this property holds immense potential for value enhancement and lucrative returns. Conveniently offering six parking spots, accessibility and convenience are prioritized for both residents and potential future tenants. The property layout includes six generously sized two-bedroom, one-bathroom units, accommodating diverse tenant needs. Currently, five units are occupied and one unit vacant, providing immediate income potential while allowing room for value enhancement through strategic renovations. Whether you're an experienced investor looking to capitalize on the Southern California rental market or a newcomer seeking a promising venture, this property offers the ideal canvas for maximizing returns. Within easy reach of La Presa Elementary School, this multifamily property is situated in the dynamic 91977 zip code of Spring Valley, California, offering a plethora of enticing location highlights. From picturesque parks to vibrant shopping centers and eclectic eateries, residents enjoy a diverse range of amenities just moments away from their doorstep. Nature enthusiasts can venture to Sweetwater Reservoir for hiking, fishing, and leisurely picnics, while retail aficionados can peruse the array of shops and boutiques in the vicinity for a satisfying shopping experience. Conveniently situated near Interstate 125, this multifamily property in Spring Valley, California, offers easy access to major transportation routes, ensuring seamless connectivity to neighboring areas and beyond. Whether residents are commuting to work or embarking on leisurely excursions, the proximity to Interstate 125 facilitates efficient travel and enhances the overall convenience of the location. With its promising prospects for value appreciation and lucrative returns, this multifamily property stands as a testament to the potential for success in the Spring Valley real estate market. Whether you're seeking to expand your investment portfolio or embark on a new venture, this property offers the perfect opportunity to achieve your financial goals while providing residents with a comfortable and convenient place to call home. Some pictures are virtually staged.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-18T00:28:07.32. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.