9360 San Diego Street, Spring Valley, CA 91977
$1,764,000
$1,950,000
9.5%
Est.Price: ?

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8,437 Sqft Lot

9360 San Diego Street Spring Valley, CA 91977

Est. payment /mo
SOLD DATE : 04/27/2023

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Key Details

Sold Price $1,764,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220024566SD

Sold Date 04/27/23

HOA Y/N No

Lot Size 8,437 Sqft

Property Sub-Type Mixed Use

Property Description

Market 6.44% CAP RATE & 2.92% ASSUMABLE FINANCING. 9360 San Diego Street is an 8 unit apartment complex that consists of 6,390 rentable square feet built in 1980 situated on a 8,436 square foot lot with plenty of off-street parking. The structure has a pitched roof and a unit mix that consists of seven 2 Bedroom / 2 Bath units, and one 2 Bedroom / 1 Bath unit as well as onsite laundry facilities. Previous ownership has remodeled the majority of the units in the last 5 years leaving additional upside in the rents. The current financing can be assumed. $1.125M +/- in debt at 2.92%.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Interior

Fireplace No

Exterior

Total Parking Spaces 12

Others

Tax ID 5844505800

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Listed by Benn Vogelsang NorthMarq Multifamily #01883437
Bought with Athir Markos Keller Williams Realty

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Athir Markos

Athir Markos

Broker Associate License ID: 02024154

+1(619) 504-7999

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