Spring Valley, CA 91977,9550 Campo Rd.
Spring Valley, CA 91977,9550 Campo Rd.
Spring Valley, CA 91977,9550 Campo Rd.
Spring Valley, CA 91977,9550 Campo Rd.
Spring Valley, CA 91977,9550 Campo Rd.
Spring Valley, CA 91977,9550 Campo Rd.
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$8,000,000

$9,500,000

15.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/08/2024

Key Details

Sold Price $8,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230020422

Sold Date 04/08/24

Property Description

We are pleased to present 9550 Campo Rd. This property offers 47 residential units. Built in 1986, this well-maintained property consists of (32) One Bedroom / One Bath units & (15) Studios. Large parking lot located in the rear of the building offering 24 parking spaces. Laundry facilities are on site along with a community courtyard recreation area. 9550 Campo Rd. offers investors the opportunity to upgrade the interior and exterior of the property and increase rents to maximize their return on investment. The subject benefits from close proximity to the 94 Freeway and numerous stores and restaurants. This asset presents significant rental upside and is extremely easy to manage given the current tenant profile. The property is restricted to senior tenants (55+). There are no income-related restrictions.

Location

State CA

County San Diego

Area Spring Valley (91977)

Interior

Cooling Wall/Window

Exterior

Garage Spaces

Roof Type Composition

Building

Story 2

Others

Space Rent $600,000

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Hilary Bateman • Coldwell Banker Realty
Bought with Jeff Diller • South Coast Commercial, Inc.
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