NOT LISTED FOR SALE
5 Beds
4 Baths
15,440 Sq Ft
0.58 Acre Lot

Sale Details

Date 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

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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

  • 25,265 Sq Ft 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

0.58 Acres

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
  • SDMLS_NumofADUUnits: 4.0
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Spring Valley, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Dan And Anne Velazquez Family Trust $5,150,000 Chicago Title
Vwc Fenway Dr 10 Llc $4,850,000 Commonwealth Land Title Co
Twin Management Services Llc $1,900,000 Chicago Title Company
Kenwood Best Llc $2,175,000 United Title Company Sd
Rogers Craig A -- Commonwealth Land Title Co
Gardella Stephen F $1,450,000 Commonwealth Land Title Co
Berz One Llc $360,000 American Title Ins Co
Rogers Craig A $436,000 American Title
-- $663,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,100,000
Previous Owner Vwc Fenway Dr 10 Llc $1,420,000
Previous Owner Twin Management Services Llc $2,320,000
Previous Owner Twin Management Services Llc $1,425,000
Previous Owner Kenwood Best Llc $1,650,000
Previous Owner Gardella Stephen F $1,060,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $70,661 $5,253,000 $3,162,000 $2,091,000
2025 $70,661 $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

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Map

Source: San Diego MLS

MLS Number: 240009603

San Diego MLS

APN: 504-302-16-00

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