NOT LISTED FOR SALE

9062 Kenwood Dr Spring Valley, CA 91977

5 Beds
4 Baths
15,440 Sq Ft
0.58 Acres

Last Sold December 12, 2024

Last sale price $5,150,000 $334 Per Sq Ft

84 Days on Market

About This Home

As of December 2024

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.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 04/29/2024

Last Buyer's Agent

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 04/29/2024

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.58

Parking

  • 27 Parking Spaces

Interior Spaces

  • 5 Bedrooms
  • 15,440 Sq Ft Home
  • 2-Story Property

Additional Features

  • 0.58 Acre Lot
  • Number of ADU Units: 4

Listing and Financial Details

  • Total Actual Rent $43,260

Community Details

Overview

  • 3 Buildings
  • 20 Units

Building Details

  • 20 Leased Units
  • Operating Expense $165,226

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • CapRate: 6.39
  • Co List Office Mls Id: 990885
  • Living Area: 15440.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2024-12-14T16:44:27Z
  • FullAddress: 9062 Kenwood Drive
  • NumofLeasedApartments: 20
  • ShortSale: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5

Garage/Parking

  • Total Parking Spaces: 27.0

Lot Info

  • Lot Size Sq Ft: 25265.0

Multi Family

  • Number Of Buildings: 3
  • Number Of Units Total: 20
  • Annual Operating Expense: 165226.0
  • Total Actual Rent: 43260.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $5,150,000 -2.7% $334 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $5,295,000 -6.3% $343 / Sq Ft
05/02/2024 05/02/24 For Sale $5,650,000 +16.5% $366 / Sq Ft
12/30/2021 12/30/21 Sold $4,850,000 0.0% $314 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $4,850,000 -- $314 / Sq Ft
Source: San Diego MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $67,830 $5,150,000 $3,100,000 $2,050,000
2024 $67,830 $5,045,940 $3,017,160 $2,028,780
2023 $65,706 $4,947,000 $2,958,000 $1,989,000
2022 $33,615 $2,204,757 $1,044,358 $1,160,399
2021 $33,400 $2,161,528 $1,023,881 $1,137,647
2020 $31,966 $2,139,365 $1,013,383 $1,125,982
2019 $31,500 $2,097,417 $993,513 $1,103,904
2018 $30,315 $2,056,292 $974,033 $1,082,259
2017 $831 $2,015,974 $954,935 $1,061,039
2016 $28,068 $1,976,446 $936,211 $1,040,235
2015 $27,827 $1,946,759 $922,149 $1,024,610
2014 $27,376 $1,908,626 $904,086 $1,004,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240009603

San Diego MLS

APN: 504-302-16-00