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7-Unit Workforce Housing in Spring Valley 9922-9934 Buena Vista Dr 7 Unit Apartment Building $2,450,000 ($350,000/Unit) Spring Valley, CA 91977
INVESTMENT HIGHLIGHTS
- Unit Mix: (3) 2+1, (4) 1+1
- Located in the Casa De Oro area, steps from Campo Road, offering tenants easy access to delis, taco shops, Grocery Outlet, Starbucks, CVS, and more.
- (8) Parking Spaces & Dirt Lot in Rear
EXECUTIVE SUMMARY
9924-34 BUENA VISTA DR, SPRING VALLEY, CA 91977
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 9924-34 BUENA VISTA DR, SPRING VALLEY, CA 91977, a 7-unit multifamily investment consisting of one building totaling approximately 3,657 square feet constructed in 1946 on an 8,943 square foot lot. The unit mix consists of (3) 2+1, (4) 1+1 and eight parking spaces. Located in the Casa De Oro area, steps from Campo Road, offering tenants easy access to delis, taco shops, Grocery Outlet, Starbucks, CVS, and more.
9924-34 BUENA VISTA DR, SPRING VALLEY, CA 91977 is included in a portfolio of seven, workforce housing, multifamily real estate investments totaling 39 units, located in South and Central San Diego County: Spring Valley, San Diego, Chula Vista and National City.
Visit the following address for more information on each property.
1313-19 E 9TH STREET, NATIONAL CITY, CA 91950 – 4 units
1121 E 6TH STREET, NATIONAL CITY, CA 91950 – 7 units
4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 - 6 units
9924-34 BUENA VISTA AVE, SPRING VALLEY, CA 91977 - 7 units
1704-12 B AVE, NATIONAL CITY, CA 91950 - 5 units
3753-59 N 42ND ST, SAN DIEGO, CA 92105 – 5 units
678 JEFFERSON AVE, CHULA VISTA, CA 91910 – 5 units
The offering can be sold together or separate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 9924-34 BUENA VISTA DR, SPRING VALLEY, CA 91977, a 7-unit multifamily investment consisting of one building totaling approximately 3,657 square feet constructed in 1946 on an 8,943 square foot lot. The unit mix consists of (3) 2+1, (4) 1+1 and eight parking spaces. Located in the Casa De Oro area, steps from Campo Road, offering tenants easy access to delis, taco shops, Grocery Outlet, Starbucks, CVS, and more.
9924-34 BUENA VISTA DR, SPRING VALLEY, CA 91977 is included in a portfolio of seven, workforce housing, multifamily real estate investments totaling 39 units, located in South and Central San Diego County: Spring Valley, San Diego, Chula Vista and National City.
Visit the following address for more information on each property.
1313-19 E 9TH STREET, NATIONAL CITY, CA 91950 – 4 units
1121 E 6TH STREET, NATIONAL CITY, CA 91950 – 7 units
4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 - 6 units
9924-34 BUENA VISTA AVE, SPRING VALLEY, CA 91977 - 7 units
1704-12 B AVE, NATIONAL CITY, CA 91950 - 5 units
3753-59 N 42ND ST, SAN DIEGO, CA 92105 – 5 units
678 JEFFERSON AVE, CHULA VISTA, CA 91910 – 5 units
The offering can be sold together or separate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$142,956
|
$39.09
|
| Other Income |
$1,260
|
$0.34
|
| Vacancy Loss |
$4,150
|
$1.13
|
| Effective Gross Income |
$140,066
|
$38.30
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$62,971
|
$17.22
|
| Net Operating Income |
$77,095
|
$21.08
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $142,956 |
| Annual Per SF | $39.09 |
| Other Income | |
|---|---|
| Annual | $1,260 |
| Annual Per SF | $0.34 |
| Vacancy Loss | |
|---|---|
| Annual | $4,150 |
| Annual Per SF | $1.13 |
| Effective Gross Income | |
|---|---|
| Annual | $140,066 |
| Annual Per SF | $38.30 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $62,971 |
| Annual Per SF | $17.22 |
| Net Operating Income | |
|---|---|
| Annual | $77,095 |
| Annual Per SF | $21.08 |
PROPERTY FACTS
| Price | $2,450,000 | Building Class | C |
| Price Per Unit | $350,000 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,657 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1946 |
| Apartment Style | Low-Rise | Parking Ratio | 2.19/1,000 SF |
| Zoning | R3 - Buyer to verify | ||
| Price | $2,450,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,657 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | R3 - Buyer to verify |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,590 | - |
| 2+1 | 3 | $1,851 | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 501-248-15 | Improvements Assessment | $703,580 (2025) |
| Land Assessment | $589,925 (2025) | Total Assessment | $1,293,505 (2025) |
PROPERTY TAXES
Parcel Number
501-248-15
Land Assessment
$589,925 (2025)
Improvements Assessment
$703,580 (2025)
Total Assessment
$1,293,505 (2025)
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7-Unit Workforce Housing in Spring Valley | 9922-9934 Buena Vista Dr
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