9922-9934 Buena Vista Dr - Apartments FOR SALE


Spring Valley, CA 91977
$2,300,000 USD
760-929-7846
9922-9934 Buena Vista Dr, Spring Valley, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/18
null | 3.83% Cap Rate

9922-9934 Buena Vista Dr
Spring Valley, CA 91977


HIGHLIGHTS

  • Unit Mix: (3) 2 Bed / 1 Bath & (4) 1 Bed / 1 Bath
  • Separately Metered for Gas & Electric
  • 8 On-Site Parking Spaces
  • On-Site Laundry Facilities
  • Several Renovated Units
  • Value-Add Rental Upside

OVERVIEW

Lee & Associates Multifamily Group - North San Diego County is pleased to present Buena Vista Apartments, a 7-unit multifamily investment opportunity located at 9922-9934 Buena Vista Drive, Spring Valley, California. The property consists of seven apartment units totaling approximately 3,657 square feet situated on an 8,943 square foot lot, featuring a desirable unit mix of (3) two-bedroom/one-bath units and (4) one-bedroom/one-bath units. Built in 1946, Buena Vista Apartments offers investors a rare opportunity to acquire a well-located East County asset with stable in-place income and significant value-add potential. The property benefits from separate gas and electric metering, reducing landlord utility expenses while providing operational efficiency. Additional amenities include eight on-site parking spaces, a rear parking/storage area, and on-site laundry facilities, all contributing to tenant retention and strong marketability. Several units have been renovated, allowing a new owner to continue implementing upgrades and capture additional rental upside. Strategically located in the heart of Spring Valley, the property offers residents convenient access to State Route 94, Interstate 125, Downtown San Diego, La Mesa, and Chula Vista, as well as nearby shopping, dining, schools, parks, and employment centers. Spring Valley continues to benefit from strong rental demand driven by its affordability relative to the broader San Diego market and its central East County location. Buena Vista Apartments presents an attractive investment opportunity featuring a proven unit mix, utility efficiency, ample parking, and a clear path to increased cash flow through continued property improvements and rental growth. Investors will benefit from both immediate income and long-term appreciation potential in one of San Diego County's most established rental submarkets. Property Highlights • 7-Unit Multifamily Investment Opportunity • Unit Mix: (3) 2 Bed / 1 Bath & (4) 1 Bed / 1 Bath • ±3,657 SF Building Area • ±8,943 SF Lot • Built in 1946 • Separately Metered for Gas & Electric • 8 On-Site Parking Spaces • On-Site Laundry Facilities • Several Renovated Units • Value-Add Rental Upside • Convenient Access to SR-94, SR-125, Downtown San Diego, La Mesa & Chula Vista • Strong East County Rental Fundamentals • Offered Exclusively by Lee & Associates Multifamily Group - North San Diego County Offering Guidelines All offers will be presented to ownership as received. Ownership has indicated a preference for a closing on or before December 31, 2026. Buyers are encouraged to submit their highest and best pricing and terms. Seller reserves the right to accept, reject, or negotiate any offer at its sole discretion. For More Information Contact: Eric von Bluecher | D 760.929.7846 | evb@lee-associates.com Ivan Del Muro-Garcia | D 760.448.2451 | idmg@lee-associates.com

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$629 USD /SF

# OF UNITS

7

PRICE/UNIT

$328,571

CAP RATE

3.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Buena Vista Apartments | 7-Unit Value-Add

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,943 SF

ZONING

R3

APN/PARCEL ID

501-248-15

ASK ABOUT THIS PROPERTY

Eric von BluecherEric von BluecherMore Info
760-929-7846

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Eric von BluecherEric von BluecherMore Info
760-929-7846

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