3
Baths
35,618 Sq. Ft.
$286 / Sq. Ft.
35,618
Sq. Ft.
$286
per Sq. Ft.

Description

Assumable financing at 2.92%. Market 6.53% Cap Rate. Birch Terrace is a 48-unit apartment building located in the community of La Presa in Spring Valley. The 35,618 square feet of structures were built in 1984 on a 53,579 square foot lot. The property has strong unit mix of one 3 Bedroom / 1.5 Bath unit, thirty-one 2 Bedroom / 1 Bath units and sixteen 1 Bedroom / 1 Bath units. There are 71+ covered and surface parking spaces. The property features common laundry facilities, additional storage units,...Assumable financing at 2.92%. Market 6.53% Cap Rate. Birch Terrace is a 48-unit apartment building located in the community of La Presa in Spring Valley. The 35,618 square feet of structures were built in 1984 on a 53,579 square foot lot. The property has strong unit mix of one 3 Bedroom / 1.5 Bath unit, thirty-one 2 Bedroom / 1 Bath units and sixteen 1 Bedroom / 1 Bath units. There are 71+ covered and surface parking spaces. The property features common laundry facilities, additional storage units, and a double garage. The units are spacious and feature dishwashers and A/C units.
  1. Listed by Benn Vogelsang • DRE #01883437 • Brokerage DRE #01858487 • NorthMarq Multifamily
    P: (415)-250-4947 C: (415)-250-4947 BennVogelsang@gmail.com

Property Details for 9249 Birch Street

Area Zip
SPRING VALLEY (91977)
Standard Status
Closed
LISTING UPDATED: 01/30/2025 07:02 PM

Property Details for 9249 Birch Street

StatusSold
MLS #220024909
Days on Market572
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial-Res Income / Com-Res Income
Year Built-
Lot Size1.23 AC / 53,579 SF
CountySan Diego County

Location

Listing Courtesy of NorthMarq Multifamily, Benn Vogelsang, DRE #01883437

Sold By NorthMarq Multifamily, Benn Vogelsang, DRE #01883437

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Building Information for 9249 Birch Street

Stories2Residences48Year Built-Building Size-Lot Size1.23 AC / 53,579 SF

Payment Calculator

$63,709 per month

30 year fixed, 6.46% Interest

Principal and Interest

$51,362

Property Taxes

$12,347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 9249 Birch Street

Summary
Location and General Information
  • Coordinates: -117.000224, 32.716106
  • Latitude: 32.716106
  • Longitude: -117.000224
  • MLS Area Major: East County
Parking
  • Parking Total: 71.0
Property
Lot Information
  • Building Area Total: 35618.0
  • Building Area Units: Sqft
  • Living Area: 35618
  • Living Area Units: Sqft
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 53579.0
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Year Built: 0
  • Assumable Finance: 6200000.0
Interior and Exterior Features
Exterior Features
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Half: 0
  • Stories: 2
  • Bedrooms Count: 6
  • Baths Total: 3.0
Multi Family
Income & Expenses
  • Operating Expense: $337,240
  • Proj Gross Sched Income: 1088112
  • Proj Gross Multiplier: 10.1
  • Proj Gross Operating Inc: 1055469
  • Proj Operating Expense: 337240
  • Projected Net Income: 718229
  • Gross Scheduled Income: $1,008,744
Multi Family Information
  • Unit Rent1: 1980
  • Unit Rent2: 1750
  • Unit Rent3: 1552
  • Num of Units1: 1
  • Num of Units2: 31
  • Num of Units3: 16
  • Unit Rent Total1: $1,980
  • Unit Rent Total2: $54,250
  • Unit Rent Total3: $24,832
  • Number Of Units Total: 48
Rental
Rent Information
  • Num of Leased Apartments: 48

Property History for 9249 Birch Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Expired

SDMLS #260002491

$16,790,000
Feb 2, 2026

Listed (Active)

SDMLS #260002491

$16,790,000
Aug 28, 2024

Sold

SDMLS #220024909

$10,200,000
Apr 4, 2024

Pending

SDMLS #220024909

Sep 9, 2022

Withdrawn

SDMLS #220018304

Sep 9, 2022

Listed (Active)

SDMLS #220024909

$12,480,000
Jul 1, 2022

Listed (Active)

SDMLS #220018304

$12,960,000
Mar 17, 2020

Sold (Public Record)

Public Record #666488534

$8,855,000

+3.3% / yr

Oct 7, 2005

Sold (Public Record)

Public Record #166053009

$5,550,000
DateEvent & SourcePrice
04/01/2026

Expired

SDMLS #260002491

$16,790,000
02/02/2026

Listed (Active)

SDMLS #260002491

$16,790,000
08/28/2024

Sold

SDMLS #220024909

$10,200,000
04/04/2024

Pending

SDMLS #220024909

09/09/2022

Withdrawn

SDMLS #220018304

09/09/2022

Listed (Active)

SDMLS #220024909

$12,480,000
07/01/2022

Listed (Active)

SDMLS #220018304

$12,960,000
03/17/2020

Sold (Public Record)

Public Record #666488534

$8,855,000

+3.3% / yr

10/07/2005

Sold (Public Record)

Public Record #166053009

$5,550,000

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

Public Records for 9249 Birch Street

Taxable ValueLand$5,200,000Additions$5,031,680Total$10,231,680
Tax Record2025$148,165 ($12,347 / month)
Home Facts
Total Finished SqFt35,618 SqFtAbove Grade Finished SqFt35,618 SqFtLot Size53,578 SqFtStyleMulti-Family Res (5+ Units)Year Built1984ZoningR-4:MULTIPLECountySAN DIEGOAPN578-200-12-00

Schools near 9249 Birch Street

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
Charter - K to 5
Rating
School
Distance
Kempton Street Elementary School
PublicK to 5

Monte Vista High School
Public9 to 12

Sparrow Academy
CharterK to 5

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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Listing Courtesy of NorthMarq Multifamily, Benn Vogelsang, DRE #01883437

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