Birch Terrace Apartments is a 48-unit community in La Presa, Spring Valley, with a strong mix of sixteen 1BR/1BT, thirty-one 2BR/1BT, and one 3BR/1.5BT units. Renovated in 2025, the property is well maintained with high current cash flow. Birch Terrace also offers a compelling value-add opportunity: a feasibility assessment indicates the underutilized, carports, garage and storage areas could support conversion into up to 12 additional ADUs (10-11 realistically), with no added parking required. See the ADU Executive Summary later in this offering for details. Units feature modern finishes rare for the submarket, helping attract quality tenants and strong rents. Most include in-unit laundry, supporting retention. Located in a high cash flow area with steady demand, Birch Terrace presents a renovated asset with real development upside in a growing East County market.