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$1,725,000

Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.

12 Beds ⋅ 6 Baths ⋅ 260018754 MLS ⋅ ACTIVE Status

Looking for a deal that actually pencils? 3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.

3960-68 Helix St, Spring Valley

$410,000

Great Opportunity in Sprig Valley Community. Great Opportunity in Sprig Valley Community.

3 Beds ⋅ 3 Baths ⋅ PTP2605416 MLS ⋅ PENDING Status

Great Opportunity in Sprig Valley Community. Great Opportunity in Sprig Valley Community.

8914 Lamar, Spring Valley

$4,150,000

BACK ON MARKET W/ PRICE REDUCTION. SELLER FINANCING AVAILABLE. BRING ALL OFFERS. Incredibly Cash Flow w/ High 6.36% CURRENT Cap Rate. Fully renovated 12-unit apartment complex in Spring Valley with a great unit mix of (4) 3BR/1BT and (8) 2BR/1BT. Updates include new laminate flooring, kitchens with new cabinets and quartz countertops, updated lighting, and modern bathroom fixtures. All units have in-unit laundry and new windows, with select units featuring private patios.

5 Beds ⋅ 2 Baths ⋅ 250018581 MLS ⋅ CLOSED Status

BACK ON MARKET W/ PRICE REDUCTION. SELLER FINANCING AVAILABLE. BRING ALL OFFERS. Incredibly Cash Flow w/ High 6.36% CURRENT Cap Rate. Fully renovated 12-unit apartment complex in Spring Valley with a great unit mix of (4) 3BR/1BT and (8) 2BR/1BT. Updates include new laminate flooring, kitchens with new cabinets and quartz countertops, updated lighting, and modern bathroom fixtures. All units have in-unit laundry and new windows, with select units featuring private patios.

9258 Birch St, Spring Valley

$1,200,000

Welcome to serene paradise! great opportunity to own this contemporary yet modern twist home that will stun you upon entering with its spectacular views. Potential investment opportunity that combines the allure of a stunning property with the potential for lucrative rental income. This home is perfectly positioned to cater to those seeking a unique blend of comfort, relaxation, and the potential for an attractive return on investment. It is located in the upper mountain of Dictionary Hill overlooking the reservoir and beautiful mountain views. This open floor plan is perfect for entertaining. The main areas of the home all have view facing windows that will take your breathe away. The master bedroom also has a balcony with a spacious bathroom and walk in closet. The spacious gourmet kitchen has a spacious layout, custom seamless cabinetry, quartz countertop, and a breakfast island bar that fits the entire family all while overlooking the amazing view. This home features all en-suite bedrooms, and a jack and Jill. Lets not forget the rooftop entertainment area, to entertain your guests in the evening to enjoy the sunset. recently installed solar too! Already has custom configured Eero wifi networks throughout home for maximum coverage, Honeywell wifi thermostats, convenient structured wiring panel for centralization of smart home hardware. Come see it for yourself!

5 Beds ⋅ 5 Baths ⋅ PTP2302240 MLS ⋅ CLOSED Status

Welcome to serene paradise! great opportunity to own this contemporary yet modern twist home that will stun you upon entering with its spectacular views. Potential investment opportunity that combines the allure of a stunning property with the potential for lucrative rental income. This home is perfectly positioned to cater to those seeking a unique blend of comfort, relaxation, and the potential for an attractive return on investment. It is located in the upper mountain of Dictionary Hill overlooking the reservoir and beautiful mountain views. This open floor plan is perfect for entertaining. The main areas of the home all have view facing windows that will take your breathe away. The master bedroom also has a balcony with a spacious bathroom and walk in closet. The spacious gourmet kitchen has a spacious layout, custom seamless cabinetry, quartz countertop, and a breakfast island bar that fits the entire family all while overlooking the amazing view. This home features all en-suite bedrooms, and a jack and Jill. Lets not forget the rooftop entertainment area, to entertain your guests in the evening to enjoy the sunset. recently installed solar too! Already has custom configured Eero wifi networks throughout home for maximum coverage, Honeywell wifi thermostats, convenient structured wiring panel for centralization of smart home hardware. Come see it for yourself!

1533 La Mesa Ave, Spring Valley

$10,200,000

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.

6 Beds ⋅ 3 Baths ⋅ 220024909 MLS ⋅ CLOSED Status

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.

9249 Birch St, Spring Valley

$5,150,000

The Kenwood is a 20-unit apartment building located in Spring Valley at 9062 Kenwood Drive. The 15,440 square feet of structures were built in 1978 and are situated on a 25,265 square foot lot. The property has a strong unit mix of four 2 bedroom / 2 bathroom, fourteen 2 bedroom / 1 bathroom and two 1 bedroom / 1 bathroom units. There are approximately 27 parking spaces with gated access. Featured amenities include air conditioning, dishwashers, and patios on downstairs units. Plank flooring and stainless-steel appliances were recently added. There are also laundry facilities and a BBQ picnic area on site. New landscaping was just improved and there is ADU potential.

5 Beds ⋅ 4 Baths ⋅ 240009603 MLS ⋅ CLOSED Status

The Kenwood is a 20-unit apartment building located in Spring Valley at 9062 Kenwood Drive. The 15,440 square feet of structures were built in 1978 and are situated on a 25,265 square foot lot. The property has a strong unit mix of four 2 bedroom / 2 bathroom, fourteen 2 bedroom / 1 bathroom and two 1 bedroom / 1 bathroom units. There are approximately 27 parking spaces with gated access. Featured amenities include air conditioning, dishwashers, and patios on downstairs units. Plank flooring and stainless-steel appliances were recently added. There are also laundry facilities and a BBQ picnic area on site. New landscaping was just improved and there is ADU potential.

9062 Kenwood Dr, Spring Valley

$2,085,000

Doug Taber, CCIM, is pleased to bring to market this well-maintained, ten-unit apartment building located in the desirable Casa De Oro submarket of San Diego County. The property comprises nine spacious two-bedroom units, each featuring large kitchens, and one well-appointed one-bedroom unit. Situated on a generous 15,250-square-foot lot, the building offers eighteen off-street parking spaces. This well-maintained, two-story property boasts a new roof installed in 2024, along with several other recent capital improvements, making it an attractive investment opportunity.

3 Beds ⋅ 2 Baths ⋅ 240024671 MLS ⋅ CLOSED Status

Doug Taber, CCIM, is pleased to bring to market this well-maintained, ten-unit apartment building located in the desirable Casa De Oro submarket of San Diego County. The property comprises nine spacious two-bedroom units, each featuring large kitchens, and one well-appointed one-bedroom unit. Situated on a generous 15,250-square-foot lot, the building offers eighteen off-street parking spaces. This well-maintained, two-story property boasts a new roof installed in 2024, along with several other recent capital improvements, making it an attractive investment opportunity.

3628 S Cordoba Ave, Spring Valley