Spring Valley, CA 91977,9249 Birch St
Spring Valley, CA 91977,9249 Birch St
Spring Valley, CA 91977,9249 Birch St
Spring Valley, CA 91977,9249 Birch St
Spring Valley, CA 91977,9249 Birch St
Spring Valley, CA 91977,9249 Birch St
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$10,200,000

$11,000,000

7.3%
Est.Price: ?

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Est. payment /mo

1.23 Acres Lot


SOLD DATE : 08/28/2024

Key Details

Sold Price $10,200,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220024909SD

Sold Date 08/28/24

HOA Y/N No

Lot Size 1.230 Acres

Property Description

ASSUMABLE FINANCING AT 2.92%. Market 6.53% Cap Rate. Birch Terrace is a 48-unit apartment building located in the community of La Presa in Spring Valley. The 35,618 square feet of structures were built in 1984 on a 53,579 square foot lot. The property has strong unit mix of one 3 Bedroom / 1.5 Bath unit, thirty-one 2 Bedroom / 1 Bath units and sixteen 1 Bedroom / 1 Bath units. There are 71+ covered and surface parking spaces. The property features common laundry facilities, additional storage units, and a double garage. The units are spacious and feature dishwashers and A/C units.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Interior

Fireplace No

Exterior

Total Parking Spaces 71

Others

Tax ID 5782001200

Financing Cash to New Loan

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California Regional MLS (CRMLS)
Listed by Benn Vogelsang • NorthMarq Multifamily
Bought with Benn Vogelsang • NorthMarq Multifamily
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