3404 Helix St - Apartments FOR SALE


Spring Valley, CA 91977
$2,500,000 USD
858-247-1095
3404 Helix St, Spring Valley, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/7
null | 5.07% Cap Rate

3404 Helix St
Spring Valley, CA 91977


HIGHLIGHTS

  • High Rental Demand Location: Spring Valley
  • Value Add Potential
  • 9-Unit Property on a 15,415 SF Lot
  • Great Unit Mix: (3) 2Bed/2Bath + (6) 1Bed/1Bath
  • Onsite Laundry Room
  • 12 Surface Parking Spaces + a 2-Car Garage

OVERVIEW

The Helix Street Apartment Homes is a well-located 9-unit multifamily asset situated in the growing community of Spring Valley, within central San Diego County. Spanning a generous 15,415sf lot, the property consists of three (3) 2Bedroom / 2Bathroom units and six (6) 1Bedroom / 1Bathroom units. Tenant amenities include an onsite laundry room, twelve (12) surface parking spots, and one (1) 2-car garage. This asset presents both stable in-place income and significant value-add potential. With a strong unit mix, ample parking, and proximity to schools, freeways, and daily conveniences, this offering is ideal for both long-term investors and operators seeking yield and upside.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

9

PRICE/UNIT

$277,778

CAP RATE

5.07%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add, 6.42% Proforma CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,415 SF

ZONING

RU

APN/PARCEL ID

504-021-13

ASK ABOUT THIS PROPERTY

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.