9249 Birch St Spring Valley, CA 91977
Estimated payment $98,547/month
About This Home
Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley, as properties of this scale are increasingly uncommon in San Diego County. The property features a strong unit mix of sixteen 1BR/1BA units, thirty-one 2BR/1BA units, and one 3BR/1.5BA unit. The property was renovated in 2025 and is well maintained, offering a low-maintenance investment with stylish, modern finishes that are rare for the submarket and support strong rents and quality tenancy. Most units include in-unit laundry, enhancing tenant retention and marketability. Located in a high cash-flow area with consistent rental demand driven by nearby employment centers, the property provides solid in-place income with future upside through potential garage and storage area ADU conversions, making it a renovated asset with development potential in a growing East County rental market.
Listing Agent
Apartment Realty Group (ARG) License #01936834 Listed on: 02/02/2026
Property Details
Home Type
- Multi-Family
Home Design
- Stucco
Interior Spaces
- 6 Bedrooms
- 36,960 Sq Ft Home
- 2-Story Property
Parking
- Garage
- Carport
Community Details
Overview
- 2 Buildings
- 48 Units
Building Details
- Operating Expense $372
Map
Home Values in the Area
Average Home Value in this Area
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 | $135,281 | $10,231,680 | $5,200,000 | $5,031,680 |
| 2024 | $135,281 | $9,492,415 | $4,889,239 | $4,603,176 |
| 2023 | $130,889 | $9,306,290 | $4,793,372 | $4,512,918 |
| 2022 | $128,495 | $9,123,815 | $4,699,385 | $4,424,430 |
| 2021 | $127,431 | $8,944,918 | $4,607,241 | $4,337,677 |
| 2020 | $99,858 | $6,915,924 | $2,698,897 | $4,217,027 |
| 2019 | $98,369 | $6,780,319 | $2,645,978 | $4,134,341 |
| 2018 | $87,337 | $6,000,000 | $2,434,000 | $3,566,000 |
| 2017 | $85,996 | $6,000,000 | $2,434,000 | $3,566,000 |
| 2016 | $83,642 | $6,000,000 | $2,434,000 | $3,566,000 |
| 2015 | $67,351 | $4,560,000 | $1,850,000 | $2,710,000 |
| 2014 | $67,320 | $4,560,000 | $1,850,000 | $2,710,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $16,790,000 | +64.6% | $454 / Sq Ft | |
| 08/28/2024 08/28/24 | Sold | $10,200,000 | -7.3% | $286 / Sq Ft | View Prior Sale |
| 04/04/2024 04/04/24 | Pending | -- | -- | -- | |
| 03/23/2024 03/23/24 | Price Changed | $11,000,000 | -2.5% | $309 / Sq Ft | |
| 01/30/2023 01/30/23 | Price Changed | $11,280,000 | -1.9% | $317 / Sq Ft | |
| 01/03/2023 01/03/23 | For Sale | $11,500,000 | 0.0% | $323 / Sq Ft | |
| 01/02/2023 01/02/23 | Pending | -- | -- | -- | |
| 11/19/2022 11/19/22 | Price Changed | $11,500,000 | -4.2% | $323 / Sq Ft | |
| 10/06/2022 10/06/22 | Price Changed | $12,000,000 | -3.8% | $337 / Sq Ft | |
| 09/30/2022 09/30/22 | For Sale | $12,480,000 | -- | $350 / Sq Ft |
Source: San Diego MLS
MLS Number: 260002491
APN: 578-200-12-00
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