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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2026
Sold by
Bought by

Purchase Details

Listed on
Apr 29, 2024
Closed on
Dec 9, 2024
Sold by
Bought by
Seller's Agent
Benn Vogelsang
NorthMarq Multifamily
Buyer's Agent
Benn Vogelsang
NorthMarq Multifamily
List Price
$5,650,000
Sold Price
$5,150,000
Premium/Discount to List
-$500,000
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 14, 2021
Closed on
Dec 29, 2021
Sold by
Bought by
Seller's Agent
Aaron Marcusmillichap
Colliers International SD, Inc
Buyer's Agent
Pat Swanson
Pat Swanson
List Price
$4,850,000
Sold Price
$4,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$1,420,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 1983
Source: Public Records

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
$5,150,000 Chicago Title
$4,850,000 Commonwealth Land Title Co
$1,900,000 Chicago Title Company
$2,175,000 United Title Company Sd
-- Commonwealth Land Title Co
$1,450,000 Commonwealth Land Title Co
$360,000 American Title Ins Co
$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 $1,420,000
Previous Owner $2,320,000
Previous Owner $1,425,000
Previous Owner $1,650,000
Previous Owner $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

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

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