BACK ON MARKET W/ PRICE REDUCTION. SELLER FINANCING AVAILABLE. BRING ALL OFFERS. Incredibly Cash Flow w/ High 6.36% CURRENT Cap Rate. Fully renovated 12-unit apartment complex in Spring Valley with a great unit mix of (4) 3BR/1BT and (8) 2BR/1BT. Updates include new laminate flooring, kitchens with new cabinets and quartz countertops, updated lighting, and modern bathroom fixtures. All units have in-unit laundry and new windows, with select units featuring private patios.
Multi-familyProperty Type
$407Price/Sq.Ft.
Listed by Jordan Concepcion•DRE #01936834• Apartment Realty Group (ARG)
•858-461-9910 (agent)
•jordan.concepcion@arg1031.com (agent)
Bought with Jordan Concepcion•DRE #01936834• Apartment Realty Group (ARG)
ASSUMABLE DEBT AT 2.93%. 9258 Birch Street is a 12 unit apartment building located in the community of Spring Valley. The single structure was built in 1984 on a 14,922 square foot lot. The property has strong unit mix of eight 2 Bedroom / 1 Bath units and four 3 Bedroom / 1 Bath units totaling 10,188 rentable square feet. There are 19 open parking spaces. Each unit is plumbed for laundry hook-ups and 3 units have these hook ups in operation. Previous ownership has put on a new roof. The financing can be assumed. $1.45M at 2.93%. 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.
SDMLS #220017635
Sep 30, 2022
Listing Removed
—
Jul 1, 2022
Listed
$3,120,000
$306/sq ft
SDMLS #200049661
Sep 1, 2021
Listing Removed
—
Oct 20, 2020
Listed
$2,940,000
$289/sq ft
Public Records
Apr 3, 2020
Sold
$2,000,000
$196/sq ft
Public Records
Sep 22, 2016
Sold
$1,700,000
$167/sq ft
Public Records
Oct 22, 2013
Sold
$1,400,000
$137/sq ft
Public Records
Jan 13, 2004
Sold
$1,165,000
$114/sq ft
Public Records
May 4, 1989
Sold
$615,000
$60/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$37,592 (+4.6%)
$2,200,000 + $1,950,000
$4,150,000
2024
$35,935 (+19.2%)
$1,560,600 + $1,040,400
$2,601,000
2023
$30,150 (+1.9%)
$1,530,000 + $1,020,000
$2,550,000
2022
$29,580 (+0.8%)
$525,588 + $1,576,767
$2,102,355
2021
$29,346 (+13.5%)
$515,283 + $1,545,850
$2,061,133
2020
$25,863 (+1.5%)
$505,180 + $1,515,540
$2,020,720
2019
$25,478 (+3.7%)
$424,483 + $1,379,570
$1,804,053
2018
$24,573 (+3.0%)
$416,160 + $1,352,520
$1,768,680
2017
$23,855 (+17.2%)
$400,000 + $1,300,000
$1,700,000
2016
$20,361 (+0.8%)
$400,000 + $1,300,000
$1,700,000
2015
$20,195 (+1.7%)
$310,660 + $1,139,088
$1,449,748
2014
$19,863 (+20.9%)
$300,000 + $1,100,000
$1,400,000
2013
$16,423 (+1.1%)
$300,000 + $1,100,000
$1,400,000
2012
$16,249
$283,000 + $817,000
$1,100,000
2011
$16,239 (+0.7%)
$283,000 + $817,000
$1,100,000
2010
$16,122 (+0.2%)
$283,000 + $817,000
$1,100,000
2009
$16,090 (−7.6%)
$283,000 + $817,000
$1,100,000
2008
$17,407
$283,000 + $817,000
$1,100,000
Tax history for 9258 Birch St
Year
Property tax
Land + Additions
Assessment*
2025
$37,592 (+4.6%)
$2,200,000 + $1,950,000
$4,150,000
2024
$35,935 (+19.2%)
$1,560,600 + $1,040,400
$2,601,000
2023
$30,150 (+1.9%)
$1,530,000 + $1,020,000
$2,550,000
2022
$29,580 (+0.8%)
$525,588 + $1,576,767
$2,102,355
2021
$29,346 (+13.5%)
$515,283 + $1,545,850
$2,061,133
2020
$25,863 (+1.5%)
$505,180 + $1,515,540
$2,020,720
2019
$25,478 (+3.7%)
$424,483 + $1,379,570
$1,804,053
2018
$24,573 (+3.0%)
$416,160 + $1,352,520
$1,768,680
2017
$23,855 (+17.2%)
$400,000 + $1,300,000
$1,700,000
2016
$20,361 (+0.8%)
$400,000 + $1,300,000
$1,700,000
2015
$20,195 (+1.7%)
$310,660 + $1,139,088
$1,449,748
2014
$19,863 (+20.9%)
$300,000 + $1,100,000
$1,400,000
2013
$16,423 (+1.1%)
$300,000 + $1,100,000
$1,400,000
2012
$16,249
$283,000 + $817,000
$1,100,000
2011
$16,239 (+0.7%)
$283,000 + $817,000
$1,100,000
2010
$16,122 (+0.2%)
$283,000 + $817,000
$1,100,000
2009
$16,090 (−7.6%)
$283,000 + $817,000
$1,100,000
2008
$17,407
$283,000 + $817,000
$1,100,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
28
Baths
12
Stories
2
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
1984
Sq. Ft.
10,188
Year built
1984
Style
Multi-Family (5+ Unit)
County
San Diego County
APN
5782012100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
M52
Limited Impact Industrial
The M52 Use Regulations are intended to create and preserve areas where manufacturing and industrial uses which evidence no or very low nuisance characteristics may locate. Non-industrial uses which support or are adjuncts to industrial uses and are compatible with such uses are permitted within the zone particularly administrative, sales, and services uses. Typically, the M52 Use Regulations would be applied in urban or suburban areas where nuisance characteristics involving noise, odor, traffic generation or unsightliness were undesired and where all uses (with certain exceptions) would be conducted entirely within enclosed buildings. Various applications of the M52 Use Regulations with appropriate development designators can create a community of industries in a high quality industrial park or a strip of low impact industrial uses.
Permitted uses
Include but are not limited to:
Community / recreation center
Commercial laundry
Manufacturing
Warehouse
Fire house
Police station
Post office
Recreation-Other
Agriculture-Cropland
Timberland
Property details
Interior
Virtual Tour
Exterior
Building Information
Sq. Ft.: 10188.0
Construction Materials: Stucco
Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Com-Res Income
Lot Information
Lot Size Units: Acres
Public facts
Beds: 28
Baths: 12.0
Sq. Ft.: 10,188
Stories: 2.0
Lot Size: 0.36 acres
Style: Multi-Family (5+ Unit)
Year Built: 1984
Year Renovated: 1984
County: San Diego County
APN: 5782012100
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
List AOR: San Diego Association of REALTOR
Around this home
Schools
Science, Technology, Engineering, Arts, And Math Academy At La Presa
Public 5-8 • Assigned • 0.4mi
6/10
Monte Vista High School
Public 9-12 • Assigned • 2.1mi
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
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 93° expected this year, 18 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
81
63
83
63
83
65
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.