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9360 San Diego Street Spring Valley, CA 91977
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Key Details
Sold Price $1,764,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 6,390 sqft
Price per Sqft $276
MLS Listing ID 220024566
Sold Date 04/27/23
Bedrooms 4
Property Sub-Type Com-Res Income
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 East County
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Read Less
Bought with Athir Markos Keller Williams Realty