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Birch Terrace Apartments 9249 Birch St 48 Unit Apartment Building $22,359,894 CAD ($465,831 CAD/Unit) 6.03% Cap Rate Spring Valley, CA 91977
Investment Highlights
- ADU Conversion of Storage and Garage to 2BR (est. 800 sq. ft)
- Newly Renovated w/ Unit Laundry on Most Units, & A/C
- New Roof (2023), Fence (2023), Windows, Paint, Concrete Courtyard, Water Heaters
- Rare Opportunity to Obtain Large 48 Unit Building w/Excellent Cash Flow & Upside
- Contemporary Interior Finishes w/ Current Design Aesthetic
- Excellent Unit Mix w/ 65% 2brs & 1980s Construction
Executive Summary
Birch Terrace Apartments is a 48 unit apartment community located in the La Presa neighborhood of Spring Valley. The property offers a strong mix of sixteen 1BR/1BT units, thirty one 2BR/1BT, and one 3BR/1.5BT. The building was renovated in 2025 and is well maintained, providing a low maintenance investment with high current cash flow. In addition, a new owner can convert the Garage and Storage unit to an additional 2BR ADU.
Units feature stylish and modern finishes that are rare for the submarket, allowing the property to achieve strong rents and attract quality tenants. Most units include in unit
laundry, improving tenant retention and marketability. The property is located in a high cash flow area with consistent rental demand supported by nearby employment enters. Birch Terrace Apartments presents a renovated asset with development potential in a growing East County rental market.
Units feature stylish and modern finishes that are rare for the submarket, allowing the property to achieve strong rents and attract quality tenants. Most units include in unit
laundry, improving tenant retention and marketability. The property is located in a high cash flow area with consistent rental demand supported by nearby employment enters. Birch Terrace Apartments presents a renovated asset with development potential in a growing East County rental market.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $22,359,894 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $465,831 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.23 AC |
| Cap Rate | 6.03% | Building Size | 35,775 SF |
| Gross Rent Multiplier | 11.72 | Average Occupancy | 100% |
| No. Units | 48 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1984/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.95/1,000 SF |
| Zoning | R4 - Multi-family | ||
| Price | $22,359,894 CAD |
| Price Per Unit | $465,831 CAD |
| Sale Type | Investment |
| Cap Rate | 6.03% |
| Gross Rent Multiplier | 11.72 |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.23 AC |
| Building Size | 35,775 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2025 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | R4 - Multi-family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Online Services
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $2,881 CAD | 575 |
| 2+1 | 31 | $3,606 CAD | 825 |
| 3+1.5 | 1 | $4,270 CAD | 1,000 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 578-200-12 | Improvements Assessment | $6,864,419 CAD (2025) |
| Land Assessment | $7,094,048 CAD (2025) | Total Assessment | $13,958,468 CAD (2025) |
Property Taxes
Parcel Number
578-200-12
Land Assessment
$7,094,048 CAD (2025)
Improvements Assessment
$6,864,419 CAD (2025)
Total Assessment
$13,958,468 CAD (2025)
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Birch Terrace Apartments | 9249 Birch St
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