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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,300,000

Est. payment - /mo

8,942 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2605767

HOA Y/N No

Year Built 1946

Lot Size 8,942 Sqft

Property Description

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. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Zoning RM-3

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Dog Park

View Y/N No

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 5012481500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2605767

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Listed by Eric von Bluecher Lee & Associates 760-929-7846, DRE #01926201

NEARBY SCHOOL & BUSINESS

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9922 34 Buena Vista DR Spring Valley, CA 91977