Description
9360 San Diego Street is an 8 unit apartment complex that consists of 6,390 rentable square feet built in 1980 situated on a 8,436 square foot lot with plenty of off-street parking. The structure has a pitched roof and a unit mix that consists of seven 2 Bedroom / 2 Bath units, and one 2 Bedroom / 1 Bath unit as well as onsite laundry facilities. Previous ownership has remodeled the majority of the units in the last 3 years leaving additional upside in the rents. The current financing must be assumed. $1.2M +/- in debt at 2.92%. 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.
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