Movoto Real Estate
Sold on 09/30/2021
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131 Glenwood Ave, Grass Valley, CA 95945

  • $1,529,344

    Last sold 09/30/2021 for $675K

  • bed

  • bath

  • 5,274

    Sqft ($128/Sqft)

Multi-family not for sale
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About 131 Glenwood Ave

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Property description
Incredible business opportunity with massive growth and income potential. Established Senior care home which has operated for decades is ready for a new owner to update and revitalize this Grass Valley institution. Located on a quiet street in the heart of town it is currently licensed for 15 residents. Current rents vary, but are well below industry standards. There are 14 individual rooms, 1 joint room, and 6 1/2 baths. The massive home boasts a living room, kitchen, dining room, library/game room, and inside laundry. The second level of the home is a full apartment, with bedroom, living/dining room, kitchen and full bath, perfect for a live-in manager/owner. The garage has been turned into storage and has a studio apartment above it as well. A basement and large shed round out the structures on the property. The grassy, tranquil backyard is lined with rose bushes. A perfect place for residents to spend the afternoon reading, playing cards or socializing. Don't miss this opportunity
Listed by
Listing Agent - Kelly M Lee
Listing Office - RE/MAX Gold
Source: Metrolist Services,Inc. mls logo
MLS#221053410 • last updated 4 years ago
Movoto checked Metrolist Services,Inc. for data 4 minutes ago
Overview
Cooling/AC Central, Wall Unit(s)
Heating Central, Gas, Wall Furnace
Levels/Style 2, Ranch
Type Residential Income
MLS # 221053410
Status Closed
SubType 5 Or More Units
SqFt 5274
Lot Size (Sqft) 8712
Lot Size (Acres) 0.2
Year Built 1957
Property Condition Fixer
Interior
Total # of Rooms 16
Laundry In Common Area, Washer/Dryer Hookups
Flooring Carpet, Linoleum
Appliances Free Standing Gas Range, Built-In Electric Range, Free Standing Refrigerator, Dishwasher, Disposal, Free Standing Freezer
Accessibility Features AccessibleApproachwithRamp, AccessibleFullBath
Exterior
Foundation Combination, Raised, Slab
Roof Composition
Construction Frame, Wood
Parking Carport, Street, Uncovered, Guest Parking Available, See Remarks, Other
Exterior Features Yard Space
Patio/Porch Uncovered Patio, Covered Patio
Lot Features Court
Irrigation Source None
Amenities / Utilities
Sewer/Septic In & Connected, Public Sewer
Water Source Meter On Site, Public
Location
Elementary School District Grass Valley
Middle School District Grass Valley
High School District Nevada Joint Union
Directions N On Hwy 49 L Onto Brunswick Rd. R On E. Main Street. L Onto Glenwood Rd. L Onto Glenwood Ave.
APN 035-270-035-000
Zoning Residential R-1
Multifamily Details
Operating Expense Includes See Remarks
Income Includes Rent Only, Other
Lot/ Land Details
Topography Level, Level

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Nearby homes for sale in Grass Valley, CA

  • Real Estate
  • CA
  • Nevada County
  • Grass Valley
  • 95945
  • 131 Glenwood Ave
$1.52M
Range: $1.37M-$1.68M
Last 30 days 
  • Sep 2021
    mls logo MLS # 221053410
  • Sep 30, 2021 Sold
    $675,000 (-3.4%)
  • Jun 1, 2021 Pending
  • Jun 1, 2021 Pending Bring Backup
  • May 19, 2021 Listed
    $699,000
  • Dec 2020
    mls logo MLS # 20031626
  • Dec 31, 2020 Off Market
  • Sep 3, 2020 Price Change
    $699,000 (-6.7%)
  • Jun 3, 2020 Listed
    $749,000 (-13.4%)
  • Sep 2017
    mls logo MLS # 17009936
  • Sep 24, 2017 Off Market
  • Feb 24, 2017 Listed
    $895,000
  • Sep 2017
    mls logo MLS # 17009931
  • Sep 24, 2017 Off Market
  • Sep 22, 2017 Price Change
    $865,000 (-0.6%)
  • Sep 15, 2017 Price Change
    $870,000 (-0.6%)
  • Sep 8, 2017 Price Change
    $875,000 (-0.6%)
  • Aug 25, 2017 Price Change
    $885,000 (-0.6%)
  • Aug 18, 2017 Price Change
    $890,000 (-0.6%)
  • Feb 24, 2017 Listed
    $895,000
  • Sep 2017
    mls logo MLS # 21703541
  • Sep 24, 2017 Expired
  • Sep 2, 2017 Price Change
    $880,000 (-0.6%)
  • Feb 24, 2017 Listed
    $895,000
  • Mar 2017
    mls logo MLS # 40772704
  • Mar 13, 2017 Price Change
    $895,000 (+3.5%)
  • Mar 8, 2017 Listed
    $865,000 (-3.4%)
  • 131 Glenwood Ave
    $675K
  • 13105
  • 95945
    $589K +9% y/y
  • Grass Valley
    $595K 0% y/y
No chart available
Statistics calculated by Movoto
5/10
Lyman Gilmore Middle School
public Grades 5-8
Grass Valley Elementary School District
5/10
Bell Hill Academy
public Grades K-4
Grass Valley Elementary School District
5/10
Margaret G. Scotten Elementary School
public Grades K-4
Grass Valley Elementary School District
Source: GreatSchools.org © 2026. All rights reserved.
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