$1,764,000
$1,950,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
9360 San Diego Street Spring Valley, CA 91977
8,437 Sqft Lot
Key Details
Sold Price $1,764,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220024566SD
Sold Date 04/27/23
HOA Y/N No
Lot Size 8,437 Sqft
Acres 0.1937
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 91977 - Spring Valley
Interior
Fireplace No
Exterior
Total Parking Spaces 12
Others
Tax ID 5844505800
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Bought with Athir Markos • Keller Williams Realty