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$16,390,000
Est. payment /mo
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Spring Valley
MLS Listing ID 260009341SD
HOA Y/N No
Year Built 1984
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.
Location
State CA
County San Diego
Area 91977 - Spring Valley
Building/Complex Name Spring Valley
Interior
Cooling Wall/Window Unit(s), Zoned
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5782001200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jordan Concepcion Apartment Realty Group (ARG) #01936834
Nearby Locations
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