Lee & Associates Multifamily Group - North San Diego County is pleased to present Buena Vista Apartments, a 7-unit multifamily investment opportunity located at 9922-9934 Buena Vista Drive, Spring Valley, California. The property consists of seven apartment units totaling approximately 3,657 square feet situated on an 8,943 square foot lot, featuring a desirable unit mix of (3) two-bedroom/one-bath units and (4) one-bedroom/one-bath units. Built in 1946, Buena Vista Apartments offers investors a rare opportunity to acquire a well-located East County asset with stable in-place income and significant value-add potential. The property benefits from separate gas and electric metering, reducing landlord utility expenses while providing operational efficiency. Additional amenities include eight on-site parking spaces, a rear parking/storage area, and on-site laundry facilities, all contributing to tenant retention and strong marketability. Several units have been renovated, allowing a new owner to continue implementing upgrades and capture additional rental upside. Strategically located in the heart of Spring Valley, the property offers residents convenient access to State Route 94, Interstate 125, Downtown San Diego, La Mesa, and Chula Vista, as well as nearby shopping, dining, schools, parks, and employment centers. Spring Valley continues to benefit from strong rental demand driven by its affordability relative to the broader San Diego market and its central East County location. Buena Vista Apartments presents an attractive investment opportunity featuring a proven unit mix, utility efficiency, ample parking, and a clear path to increased cash flow through continued property improvements and rental growth. Investors will benefit from both immediate income and long-term appreciation potential in one of San Diego County's most established rental submarkets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.
45 days
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Zillow last checked:
Listing updated:
Listed by:
Eric von BluecherDRE #01926201760-929-7846,
Lee & Associates
Source: CRMLS,MLS#: NDP2605767Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Appliances
Laundry: Common Area
Features
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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