9249 Birch St - Apartments FOR SALE


Spring Valley, CA 91977- La Presa
$16,390,000 USD
858-461-9910
9249 Birch St, Spring Valley, CA for Sale
$16,390,000 USD
Apartments - FOR SALE
1/24
null | 6.03% Cap Rate

9249 Birch St
Spring Valley, CA 91977
La Presa


HIGHLIGHTS

  • ADU Conversion of Storage and Garage to 2BR (est. 800 sq. ft)
  • Rare Opportunity to Obtain Large 48 Unit Building w/Excellent Cash Flow & Upside
  • Newly Renovated w/ Unit Laundry on Most Units, & A/C
  • Contemporary Interior Finishes w/ Current Design Aesthetic
  • New Roof (2023), Fence (2023), Windows, Paint, Concrete Courtyard, Water Heaters
  • Excellent Unit Mix w/ 65% 2brs & 1980s Construction

OVERVIEW

Birch Terrace Apartments is a 48 unit apartment community located in the La Presa neighborhood of Spring Valley. The property offers a strong mix of sixteen 1BR/1BT units, thirty one 2BR/1BT, and one 3BR/1.5BT. The building was renovated in 2025 and is well maintained, providing a low maintenance investment with high current cash flow. In addition, a new owner can convert the Garage and Storage unit to an additional 2BR ADU. Units feature stylish and modern finishes that are rare for the submarket, allowing the property to achieve strong rents and attract quality tenants. Most units include in unit laundry, improving tenant retention and marketability. The property is located in a high cash flow area with consistent rental demand supported by nearby employment enters. Birch Terrace Apartments presents a renovated asset with development potential in a growing East County rental market.

FOR SALE DETAILS

PRICE

$16,390,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

48

PRICE/UNIT

$341,458

CAP RATE

6.03%

% 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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