Sold
Last Sold Price
8940 Jamacha Rd, Spring Valley, CA 91977
Multi FamilyProperty Type
0.84 acresLot Size

Description

We are pleased to offer for sale, Jamacha Villas, a 16-unit apartment complex located on Jamacha Road in the City of Spring Valley. Completed in 2009, the subject property is situated on .84 acres. The property is comprised entirely of spacious three-bedroom/two and one half-bath townhomes, totaling approximately 21,104 rentable square feet. The complex consists of four, two-story wood frame and stucco buildings, with concrete slab foundations and pitched tile roofs. In addition to the recorded condominium...We are pleased to offer for sale, Jamacha Villas, a 16-unit apartment complex located on Jamacha Road in the City of Spring Valley. Completed in 2009, the subject property is situated on .84 acres. The property is comprised entirely of spacious three-bedroom/two and one half-bath townhomes, totaling approximately 21,104 rentable square feet. The complex consists of four, two-story wood frame and stucco buildings, with concrete slab foundations and pitched tile roofs. In addition to the recorded condominium map, the property possesses all of the characteristics of a high-end condominium complex. Specifically, all of the units have granite countertops, fireplaces, fully equipped kitchens, washer/dryer connections and attached two-space garages. This pristine property is an opportunity for an investor to purchase a newer, solid investment asset, significantly below replacement cost, in a strong rental submarket.
  • Listed by: Christopher J. Zorbas DRE #01301418 • Marcus & Millichap
Listing closed: 01/31/2012 12:00 AM • Source: SDMLS, MLS#: 110046789

Recent comparable sales

Median sold price

$680,000

Avg days on market

26

Sale-to-list ratio

99.9%

Spring Valley, CA

9 comparable properties found

1

$216,500

Sold 02/19/25

3
Bedrooms
2.5
Bathrooms
1,286
Square Feet
0.26
Acres
a living room with patio furniture
2

$680,000

Sold 10/03/25

3
Bedrooms
1,380
Square Feet
0.09
Acres
a front view of a house with a garage
1/26
3

$665,000

Sold 03/17/25

3
Bedrooms
1,688
Square Feet
0.05
Acres
a view of a brick house with many windows
4

$735,000

Sold 05/09/25

3
Bedrooms
1,650
Square Feet
0.09
Acres
a front view of a house with a yard
5

$850,000

Sold 06/04/26

3
Bedrooms
1,982
Square Feet
0.15
Acres
a front view of a house
1/39
6

$770,000

Sold 02/25/26

3
Bedrooms
1,336
Square Feet
Unavailable
Acres
$830,000 | 1645 Ramona Avenue, Spring Valley, CA 91977
7

$830,000

Sold 12/04/24

3
Bedrooms
2,099
Square Feet
0.22
Acres
front view of a house
1/31
8

$564,000

Sold 07/28/25

3
Bedrooms
1,179
Square Feet
Unavailable
Acres
a front view of a house with a yard and garage
9

$665,000

Sold 07/25/25

3
Bedrooms
1,179
Square Feet
0.18
Acres

Location

Listing Courtesy of Marcus & Millichap, Christopher J. Zorbas, DRE #01301418

Sold By Marcus & Millichap, Christopher J. Zorbas, DRE #01301418

Add your commute

Payment Calculator

$22,880 per month

30 year fixed, 6.55% Interest

Principal and Interest

$17,790

Property Taxes

$5,090

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8940 Jamacha Road

Property Details
  • MLS Type: Commercial-Res Income
  • City Postal ID: SPRING VALLEY (91977)
Building Information
  • Lot Size: 0.84 AC / 36,590 SF
Summary Information
Property and Location
  • System ID: 110046789
  • Class: COMMERCIAL-RES INCOME
  • Market Area: East County
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 578-180-10-00
Multi Family Information
Unit 1
  • Unit Rent: 1575-1750
  • Unit Rent Total: $27,090
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Number of Bathrooms: 3
Building Details
  • Age: 2009
  • Have: 0
  • Motive/Want: 0
  • SqFt of Improvement: 21,104

Property History for 8940 Jamacha Road

DateEvent & SourcePriceAppreciation
Jan 31, 2012

Sold

SDMLS #110046789

$3,500,000
Jan 27, 2012

Sold (Public Record)

Public Record #323110528

$3,500,000

+8.7% / yr

Nov 21, 2011

Pending

SDMLS #110046789

DateEvent & SourcePrice
01/31/2012

Sold

SDMLS #110046789

$3,500,000
01/27/2012

Sold (Public Record)

Public Record #323110528

$3,500,000

+8.7% / yr

11/21/2011

Pending

SDMLS #110046789

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8940 Jamacha Road

Taxable ValueLand$1,281,172Additions$3,202,943Total$4,484,115
Tax Record2025$61,077 ($5,090 / month)
Home Facts
Baths4Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtLot Size36,590 SqFtStyleMulti-Family Dwelling (2-4)Year Built2009Year Renovated2009ZoningRUCountySAN DIEGOAPN578-180-10-00

Schools near 8940 Jamacha Road

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Kempton Street Elementary School
PublicK to 5

Mount Miguel High School
Public9 to 12

Trust Blended Learning
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 8940 Jamacha Road, Spring Valley, CA 91977
$3,500,000
3
36,590
$590,000
6
8970
10,709
$589,000
2
1,736
10,710
$530,000
4
1,648
13,503
$530,000
1,648
13,415
1,915
11,803

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Christopher J. Zorbas, DRE #01301418

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.