Active

9249 Birch St

Spring Valley CA, 91977

$11,000,000


Active

Commercial

Listed by Benn Vogelsang with NorthMarq Multifamily 858-675-7865

ASSUMABLE FINANCING AT 2.92%. Market 6.53% Cap Rate. Birch Terrace is a 48-unit apartment building located in the community of La Presa in Spring Valley. The 35,618 square feet of structures were built in 1984 on a 53,579 square foot lot. The property has strong unit mix of one 3 Bedroom / 1.5 Bath unit, thirty-one 2 Bedroom / 1 Bath units and sixteen 1 Bedroom / 1 Bath units. There are 71+ covered and surface parking spaces. The property features common laundry facilities, additional storage units, and a double garage. The units are spacious and feature dishwashers and A/C units.

220024909SD

MLS ID

September 9, 2022

Listed

March 28, 2024

Updated

Map

9249 Birch St
Spring Valley CA, 91977

Interior Features

Fireplace

No


Cooling

Yes


Heating

No

Exterior/Building Features

Lot Size

1.23 Acres

Other Property Details

Area Name

91977 - Spring Valley


Days on Market

544


Garage

No


Parking Total

71


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

3/23/2024

Price Change

$11,000,000

-3%

Listing Contact: 858-675-7865 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 7:13 PM UTC

 

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