9249 Birch St - Apartments FOR SALE


Spring Valley, CA 91977- La Presa
$16,790,000 USD
858-461-9910
9249 Birch St, Spring Valley, CA for Sale
$16,790,000 USD
Apartments - FOR SALE
1/23
null | 5.73% Cap Rate

9249 Birch St
Spring Valley, CA 91977
La Presa


HIGHLIGHTS

  • Possible ADU Conversion of Storage Room, Large 2-Car Garage, & Laundry Room
  • Newly Renovated Interiors w/ Unit Laundry on Most Units, A/C , New Roof (2023), Fence (2023), Windows, Paint, Concrete Courtyard, & Water Heaters
  • High Current Cash Flowing Property with Little/No Capex Required in Near Future
  • Contemporary Interior Finishes with Current Design Aesthetic
  • 1980s Construction & Close to Newly Built Major Shopping Center (Target Anchored)
  • Creative Financing Available

OVERVIEW

Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley, as properties of this scale are increasingly uncommon in San Diego County. The property features a strong unit mix of sixteen 1BR/1BA units, thirty-one 2BR/1BA units, and one 3BR/1.5BA unit. The property was renovated in 2025 and is well maintained, offering a low-maintenance investment with stylish, modern finishes that are rare for the submarket and support strong rents and quality tenancy. Most units include in-unit laundry, enhancing tenant retention and marketability. Located in a high cash-flow area with consistent rental demand driven by nearby employment centers, the property provides solid in-place income with future upside through potential garage and storage area ADU conversions, making it a renovated asset with development potential in a growing East County rental market.

FOR SALE DETAILS

PRICE

$16,790,000 USD

PRICE/SF

$469 USD /SF

# OF UNITS

48

PRICE/UNIT

$349,792

CAP RATE

5.73%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Birch Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

R4

APN/PARCEL ID

578-200-12

ASK ABOUT THIS PROPERTY

858-461-9910

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858-461-9910

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