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    829 Grand Ave Spring Valley, CA 91977
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    Property profile & analytics

    829 Grand Ave, Spring Valley, CA 91977

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    • Apartment buildings
    • 4,416 SF
    • 0.15 lot acres
    For Sale
    $1,688,000
    View Listing →
    Six-Unit Multifamily Property For Sale
    $1,688,000

    Six-Unit Multifamily Property

    Six-unit property with strong unit mix and ample parking.

    829 Grand Ave., Spring Valley, CA 91977
    View Listing
    Property ID
    US09-7678009
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 829 Grand Ave

    Year built
    1977
    Lot size
    0.15 lot acres
    Zone code
    COMMERCIAL
    Property type
    Apartment buildings
    APN
    584-330-09-00
    APU
    5843300900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Spring Valley
    County
    San Diego
    State
    California
    Longitude
    -116.997
    Latitude
    32.7123
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,326
    $203,039
    $248,477
    $451,516
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      10108 Calle Marinero

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    • Value Estimation
      $1,330,000
      8,640 SF

      9961 Dolores St

      APARTMENT HOUSE (5+ UNITS)
      9961 Dolores St, Spring Valley, CA 91977-1533
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    • Value Estimation
      $1,565,000
      13,900 SF

      437 Grand Ave

      APARTMENT HOUSE (5+ UNITS)
      437 Grand Ave, Spring Valley, CA 91977-5952
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    • Value Estimation
      $2,405,000
      21,600 SF

      8710 Ildica St

      APARTMENT HOUSE (5+ UNITS)
      8710 Ildica St, Spring Valley, CA 91977-3577
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    • Value Estimation
      $12,785,000
      78,360 SF

      2758 Lk Pointe Dr, Unit 70

      APARTMENT HOUSE (5+ UNITS)
      2758 Lk Pointe Dr, Spring Valley, CA 91977-3479
      View Details
    • Value Estimation
      $1,165,000
      8,656 SF

      3917 Spg Dr

      APARTMENT HOUSE (5+ UNITS)
      3917 Spg Dr, Spring Valley, CA 91977-1045
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,960 SF

      Renovated Apartment Community in Spring Valley

      48-unit apartment community in La Presa neighborhood, renovated in 2025.
      9249 Birch St, Spring Valley, CA 91977
      View Details
    • Contact for pricing

      Six-Unit Multifamily Property

      Six-unit property with strong unit mix and ample parking.
      829 Grand Ave, Spring Valley, CA 91977
      View Details
    • $16,390,000

      Renovated Apartment Community in Spring Valley

      Recently renovated 48-unit apartment community with development potential.
      9249 Birch St, Spring Valley, CA 91977
      View Details
    • Contact for pricing
      2,729 SF

      Two Houses on Large Lot

      Two almost new houses on a large lot, private street.
      1040 Gillespie Dr, Spring Valley, CA 91977
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      710 SF

      Retail Space on Campo Road

      Retail space available on a signalized intersection with high exposure.
      9901 Campo Rd, Spring Valley, CA 91977
      View Details
    • Contact for pricing
      895 SF

      Retail Space Available in Spring Valley

      895 SF retail space available, formerly a barber shop.
      8300 Paradise Valley Rd, Spring Valley, CA 91977
      View Details
    • Contact for pricing

      Spring Valley Flex Industrial Space

      Flexible leasing options with yard, storage, and office space.
      3270 Bancroft Dr, Spring Valley, CA 91977
      View Details
    • Contact for pricing
      3,362 SF

      Retail Space in Spring Valley

      Retail space available in a highly visible, high-traffic shopping center.
      8810 Jamacha Blvd, Spring Valley, CA 91977
      View Details
    • Contact for pricing
      17,450 SF

      Retail Space in Spring Valley

      Retail space available in a high-traffic Spring Valley center.
      617-657 Sweetwater Rd, Spring Valley, CA 91977
      View Details
    • Contact for pricing
      Pending

      Industrial Yard with Office Space

      0.34-acre industrial yard with a 740-sf office.
      1424 Presioca St, Spring Valley, CA 91977
      View Details
    View Listing
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    Spring Valley, CA 91977
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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