9249 Birch Street
Spring Valley, CA 91977
$15,995,000
Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley with significant upside through potential ADU conversion of existing carports,garage and storage space, a rarity for assets of this scale in San Diego County. Having received the majority of its capital improvements in a 2025 renovation, the property is turnkey and cash-flowing from day one, featuring a strong unit mix of sixteen 1BR/1BA, thirty-one 2BR/1BA, and one 3BR/1.5BA unit, most with in-unit laundry, supporting strong rents and quality tenancy in a high-demand rental corridor near major East County employment centers. A feasibility assessment indicates up to 12 units (approx. 25%) may be eligible for conversion, giving investors a rare combination of day-one stability and a defined, built-in upside strategy in a growing East County market.
| Listing Id: | 260024817 |
|---|---|
| List Price: | $15,995,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Com-Res Income |
| Status: | Active |
| Bedrooms Total: | 81 |
| Bathrooms Full: | 48 |
| Bathrooms Half: | 1 |
| Living Area: | 36,960 |
| Waterfront?: | No |
| City: | Spring Valley |
| County Or Parish: | San Diego |
| Postal Code: | 91977 |
| Year Built: | 0 |
| Number Of Units Total: | 48 |
| Basement: | false |
| Bathrooms Total Integer: | 49 |
| Building Area Total: | 36,960.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Stucco |
| Living Area Units: | Sqft |
| Lot Size Units: | Acres |
| MLS Area Major: | East County |
| Parcel Number: | 578-200-12-00 |
| Parking Features: | Carports, Garages |
| Photos Change Timestamp: | 2026-10-14T15:59:08Z |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories: | 2 |
| Sdmls Area Zip: | SPRING VALLEY (91977) |
| Sdmls Lvt Date: | 2026-10-14 |
| Original List Price: | $15,995,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Sdmls Internet Address: | 9249 Birch Street |
| Operating Expense: | $361,122 |
| Sdmls Have: | Apts |
| Sdmls Unit Rent1: | $2369-$2750 |
| Sdmls Unit Rent2: | $2010-$2212 |
| Sdmls Unit Rent3: | $3120 |
| Sdmls Proj Gross Multiplier: | 9.58 |
| Sdmls Motive Want: | Sell |
| Gross Scheduled Income: | $1,398,480 |
| Number Of Buildings: | 2 |
| Sdmls Numof Units1: | 31 |
| Sdmls Numof Units2: | 16 |
| Sdmls Numof Units3: | 1 |
| Sdmls Max Search Price: | 15,995,000 |
| Sdmls Price Unit: | 333,229 |
| Sdmls Unit Rent Total1: | 78,616 |
| Sdmls Unit Rent Total2: | 34,704 |
| Sdmls Unit Rent Total3: | 3,120 |
| Sdmls Age: | 1,984 |
| Sdmls Geo Update Timestamp: | 2026-10-14T15:59:07.9 |
| Sdmls Full Address: | 9249 Birch Street |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260024817 |
| On Market Date: | 2026-10-14 |
Listing Courtesy of: Apartment Realty Group (ARG)
Listing Agent: Jordan Concepcion
858-461-9910
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.
© 2026 San Diego MLS.
San Diego MLS data last updated on October 21, 2026 08:41 AM - PT.
Property Last Updated: October 21, 2026 08:41 AM - PT
