ASSUMABLE FINANCING AT 2.84%. 8947-49 Troy Street is an 8 unit apartment building located in the community of Spring Valley. The two structures were built in 1969 on a 21,770 square foot lot. The property has strong unit mix of six 2 Bedroom / 1 Bath units and two 1 Bedroom / 1 Bath unit totaling 5,960 rentable square feet. There are 8+ open parking spaces. These spacious units have upside in rents. The financing can be assumed. $1M at 2.84%. Spring Valley is a community in the part of East San Diego County that consists of rolling hills and countryside. It is a 20-minute commute (17 miles) from downtown San Diego via Highway 94. The area offers a diverse geography sharing a landscape of choices, from a touch of urban living to snow dusted slopes in the rural back country in a mild climate influenced by ocean currents and abundant sunshine. Spring Valley is San Diego County’s largest unincorporated community, offering a small-town flavor to each of its residents.
Multi-familyProperty Type
0.5 acresLot Size
$306Price/Sq.Ft.
12 spacesParking
Listed by Benn Vogelsang•DRE #01883437• NorthMarq Multifamily
•415-250-4947 (agent)
•BennVogelsang@gmail.com (agent)
Bought with OUT OF AREA OUT•DRE #09999915• OUT OF AREA - NON MEMBER
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
San Diego County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 30, 2025.
C36
General Commercial Use Regulations
The provisions of Section 2360 through Section 2369, inclusive, shall be known as the C36
General Commercial Use Regulations. The C36 Use Regulations are intended to create and enhance commercial areas where a wide range of retail goods and services are permitted.
Typically, the C36 Use Regulations would be applied where central area commercial facilities
were desired in association with administrative and office uses. Various applications of the C36
Use Regulations with appropriate development designators can create community or regional
shopping complexes, central business districts, or small but highly diverse commercial
developments.
Permitted uses
Include but are not limited to:
Livestock production
Assembly / meeting place
Automotive repair garage
Automotive sales
Bank
Convenience store
Day care facility
General retail
Hospital / medical center
Manufacturing
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 12
Interior
Virtual Tour
Exterior
Building Information
Sq. Ft.: 5960.0
Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Com-Res Income
Lot Information
Lot Size Units: Acres
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: San Diego County
APN: —
Home facts updated by county records on Jun 30, 2025
Other
Listing Information
List AOR: San Diego Association of REALTOR
Around this home
Schools
Bancroft Elementary School
Public K-8 • Assigned • 0.4mi
3/10
Monte Vista High School
Public 9-12 • Assigned • 1.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 95° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Spring Valley, CA • 91977
Average low and high temperatures (°F)
70
48
72
50
74
53
72
53
73
56
77
60
78
62
83
63
83
64
79
58
73
52
71
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 7.4 hours in December, placing it above the
U.S. average for solar exposure.