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9924 Buena Vista Dr #341 / 17 · Click to zoom

About this home

Lee & Associates Multifamily Group - North San Diego County is pleased to present Buena Vista Apartments, a 7-unit multifamily investment opportunity located at 9922-9934 Buena Vista Drive, Spring Valley, California. The property consists of seven apartment units totaling approximately 3,657 square feet situated on an 8,943 square foot lot, featuring a desirable unit mix of (3) two-bedroom/one-bath units and (4) one-bedroom/one-bath units. Built in 1946, Buena Vista Apartments offers investors a rare opportunity to acquire a well-located East County asset with stable in-place income and significant value-add potential. The property benefits from separate gas and electric metering, reducing landlord utility expenses while providing operational efficiency. Additional amenities include eight on-site parking spaces, a rear parking/storage area, and on-site laundry facilities, all contributing to tenant retention and strong marketability. Several units have been renovated, allowing a new owner to continue implementing upgrades and capture additional rental upside. Strategically located in the heart of Spring Valley, the property offers residents convenient access to State Route 94, Interstate 125, Downtown San Diego, La Mesa, and Chula Vista, as well as nearby shopping, dining, schools, parks, and employment centers. Spring Valley continues to benefit from strong rental demand driven by its affordability relative to the broader San Diego market and its central East County location. Buena Vista Apartments presents an attractive investment opportunity featuring a proven unit mix, utility efficiency, ample parking, and a clear path to increased cash flow through continued property improvements and rental growth. Investors will benefit from both immediate income and long-term appreciation potential in one of San Diego County's most established rental submarkets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,195,000 · Mar 2021
📋 Assessed value$1,319,374
💵 Annual tax$19,086
🏫 School districtGrossmont Union High School District

MLS #NDP2605767MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$11,277
Principal & interest$9,102
Property tax$1,650
Home insurance$525
Down payment: $360,000Loan: $1,440,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.