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9062 Kenwood Dr
Spring Valley, CA 91977
San Diego | 5.22-6.41% Cap | Easy Upside! · Multifamily Property For Sale · 20 Units

INVESTMENT HIGHLIGHTS

  • 5.22-6.41% Cap Rate | Easy Upside Potential
  • Potential to add 2 ADU's
  • Easy upside potential through additional light upgrades
  • 90% 2BR Units!
  • Adjacent to Institutionally Owned Apartment Portfolio (Blackstone/TruAmerica) of 161 Units Under Renovation (VALLE)
  • 3.25% Assumable Loan

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.59 AC
Building Size 15,440 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1979/2022
Zoning RU-29, County

AMENITIES

UNIT AMENITIES

  • Kitchen

SITE AMENITIES

  • Laundry Facilities
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - 450 - 550
2+1 14 - 800
2+2 4 - 835

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
504-302-16
Land Assessment
$3,100,000
Improvements Assessment
$2,050,000
Total Assessment
$5,150,000
  • Listing ID: 28432273

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 9062 Kenwood Dr, Spring Valley, CA 91977

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