9953 San Juan St
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9953 San Juan St
14 Unit Apartment Building $3,900,000 ($278,571/Unit) 4.05% Cap Rate Spring Valley, CA 91977
Executive Summary
Commercial Asset Advisors is pleased to present this opportunity to acquire a 14-unit apartment complex located at the base of Mt. Helix in the neighborhood of Casa de Oro. The property has had recent interior renovations to some of the units and features an ideal unit mix of two (2) two-bedroom/one-bath and twelve (12) one-bedroom/one-bath units totaling approximately 9,010 square feet.The two-story structure features a stucco exterior, twelve parking spots, and new interior flooring. New ownership has the potential to increase the rents for a significant value add opportunity. With its location within the Campo Road Revitalization Specific Plan (reference Page 8), this multi-family opportunity has a lot of upside potential.
Property Facts
Price | $3,900,000 | Apartment Style | Low Rise |
Price Per Unit | $278,571 | Building Class | C |
Sale Type | Investment | Lot Size | 0.27 AC |
Cap Rate | 4.05% | Building Size | 8,834 SF |
No. Units | 14 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1960 |
Property Subtype | Apartment | Parking Ratio | 1.15/1,000 SF |
Price | $3,900,000 |
Price Per Unit | $278,571 |
Sale Type | Investment |
Cap Rate | 4.05% |
No. Units | 14 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.27 AC |
Building Size | 8,834 SF |
No. Stories | 2 |
Year Built | 1960 |
Parking Ratio | 1.15/1,000 SF |
Unit Amenities
- Ceiling Fans
- Kitchen
- Stainless Steel Appliances
- Range
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 12 | - | - |
2+1 | 2 | - | - |
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Walk Score®
Very Walkable (79)
PROPERTY TAXES
Parcel Number | 501-178-01 | Improvements Assessment | $1,558,444 |
Land Assessment | $984,280 | Total Assessment | $2,542,724 |
PROPERTY TAXES
Parcel Number
501-178-01
Land Assessment
$984,280
Improvements Assessment
$1,558,444
Total Assessment
$2,542,724
zoning
Zoning Code | 6 |
6 |
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9953 San Juan St
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