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9249 Birch Street

Spring Valley, CA 91977
  • $16,390,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 260009341SD
UPDATED: 82 min ago
$16,390,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Ratings & Info

Listing Agent(s): Jordan Concepcion of Apartment Realty Group (ARG) (619-222-9500)


Description

Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley, as properties of this scale are increasingly uncommon in San Diego County. The property features a strong unit mix of sixteen 1BR/1BA units, thirty-one 2BR/1BA units, and one 3BR/1.5BA unit. The property was renovated in 2025 and is well maintained, offering a low-maintenance investment with stylish, modern finishes that are rare for the submarket and support strong rents and quality tenancy. Most units include in-unit laundry, enhancing tenant retention and marketability. Located in a high cash-flow area with consistent rental demand driven by nearby employment centers, the property provides solid in-place income with future upside through potential garage and storage area ADU conversions, making it a renovated asset with development potential in a growing East County rental market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T12:28:31.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/175579038
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9249 Birch Street Spring Valley, CA 91977

  • Price: $16,390,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 82 min ago
  • ID#: 260009341SD
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
Spring Valley
County:
San Diego
Area:
91977 - Spring Valley
Property Description
Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley, as properties of this scale are increasingly uncommon in San Diego County. The property features a strong unit mix of sixteen 1BR/1BA units, thirty-one 2BR/1BA units, and one 3BR/1.5BA unit. The property was renovated in 2025 and is well maintained, offering a low-maintenance investment with stylish, modern finishes that are rare for the submarket and support strong rents and quality tenancy. Most units include in-unit laundry, enhancing tenant retention and marketability. Located in a high cash-flow area with consistent rental demand driven by nearby employment centers, the property provides solid in-place income with future upside through potential garage and storage area ADU conversions, making it a renovated asset with development potential in a growing East County rental market.
Exterior Features

Fencing Partial Parking Total 0 Roof Rolled/Hot Mop Spa YN No View YN No

Interior Features

Cooling Wall/Window Unit(s)Zoned Cooling YN Yes Heating YN Yes

Property Features

Association Fee 0 Cap Rate 6.03 Gross Scheduled Income 1398480 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional Net Operating Income 988151 Senior Community YN No Tenant Pays ElectricityGasWater



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T12:28:31.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Jordan Concepcion of Apartment Realty Group (ARG) (619-222-9500)