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    9258 Birch Street

    Spring Valley, CA 91977
    • $3,000,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 200049661
    UPDATED: 32 min ago
    $3,000,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    9258 Birch Street is a 12 unit apartment building located in the community of Spring Valley. The single structure was built in 1984 on a 14,922 square foot lot. The property has strong unit mix of eight 2 Bedroom / 1 Bath units and four 3 Bedroom / 1 Bath units totaling 10,188 rentable square feet. There are 19 open parking spaces. Each unit is plumbed for laundry hook-ups and 3 units have these hook ups in operation. Previous ownership has put on a new roof. The financing must be assumed. $1.44M at 2.93%. Spring Valley is a community in the part of East San Diego County that consists of rolling hills and countryside. It is a 20-minute commute (17 miles) from downtown San Diego via Highway 94. The area offers a diverse geography sharing a landscape of choices, from a touch of urban living to snow dusted slopes in the rural back country in a mild climate influenced by ocean currents and abundant sunshine. Spring Valley is San Diego County+GGs largest unincorporated community.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-23T11:26:42.483. 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 Apple Financial Network, Inc.. Licensed in the State of California, USA.

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    9258 Birch Street Spring Valley, CA 91977

    • Price: $3,000,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 200049661
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    Neighborhood:
    91977 - Spring Valley
    County:
    San Diego
    Area:
    91977 - Spring Valley
    Property Description
    9258 Birch Street is a 12 unit apartment building located in the community of Spring Valley. The single structure was built in 1984 on a 14,922 square foot lot. The property has strong unit mix of eight 2 Bedroom / 1 Bath units and four 3 Bedroom / 1 Bath units totaling 10,188 rentable square feet. There are 19 open parking spaces. Each unit is plumbed for laundry hook-ups and 3 units have these hook ups in operation. Previous ownership has put on a new roof. The financing must be assumed. $1.44M at 2.93%. Spring Valley is a community in the part of East San Diego County that consists of rolling hills and countryside. It is a 20-minute commute (17 miles) from downtown San Diego via Highway 94. The area offers a diverse geography sharing a landscape of choices, from a touch of urban living to snow dusted slopes in the rural back country in a mild climate influenced by ocean currents and abundant sunshine. Spring Valley is San Diego County+GGs largest unincorporated community.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Cap Rate 4.50 Country Us Gross Scheduled Income 207648.00 Net Operating Income 135209.00 Operating Expense 66210.00 Property Sub Type Commercial/Residential Total Monthly Rent 17304

    Listing provided courtesy of Benn Vogelsang of South Coast Commercial, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-23T11:26:42.483. 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 Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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