Spring Valley Multi-Family Properties for Sale

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Newest Spring Valley Multi-Family Homes for Sale

$1,175,000

6 Beds ⋅ 4 Baths ⋅ 260025675 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Excellent investment opportunity or owner-occupant property in the heart of Spring Valley. This updated duplex offers flexibility for investors looking to add to their portfolio or buyers seeking to live in one unit while generating rental income from the other. Both units have been well maintained with tasteful updates, providing a move-in ready opportunity with long-term upside. Unit A is vacant and available for immediate showings, allowing buyers to fully experience the property. Unit B is tenant occupied and will be available for viewing once escrow has been opened, helping minimize disruption to the current tenant while still allowing buyers to complete their due diligence. The property offers a functional layout, private outdoor space, and ample parking, all in a convenient location close to shopping, schools, parks, and freeway access. Whether you're looking for immediate cash flow, multi-generational living, or an owner-occupied investment, this duplex presents an outstanding opportunity in today's market. Don't miss your chance to own a versatile income-producing property with one vacant unit ready for occupancy and the second providing established rental income.

2018 Hawkins Way, Spring Valley

$15,995,000

81 Beds ⋅ 49 Baths ⋅ 260024817 MLS ⋅ ACTIVE Status

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.

9249 Birch St, Spring Valley

$1,298,888

6 Beds ⋅ 3 Baths ⋅ 260024480 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Turnkey three-unit property in a prime central location, perfect for investors, house hackers, or multi-generational living. Fully remodeled and ready to operate as a long-term cash-flowing asset from day one. Located at the end of a quiet cul-de-sac and backing directly to Lamar County Park, the property offers privacy, open space, and convenience. Each unit benefits from ample paved off-street parking and thoughtful separation. The upgrade list is extensive with no expense spared, including new attic, roof, gutters, full landscaping and design, new concrete walkways and parking areas, new gutters with underground drainage, and turf installation for low-maintenance outdoor living + more! Interior improvements include two brand-new bathrooms, fresh paint throughout, new appliances, and new blinds. This is a rare opportunity to acquire a fully improved multi-unit asset that serves as a true legacy property to hold and pass down for future generations!

3145-49 Ronald Ct, Spring Valley

$1,550,000

9 Beds ⋅ 6 Baths ⋅ NDP2609303 MLS ⋅ ACTIVE Status

Discover a versatile󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 four-unit investment opportunity at 12101216 Helix Street in Spring Valley. The property features a duplex and two detached ADUs built in 2023, offering a mix of two- and three-bedroom floor plans. Each duplex unit includes 2 bedrooms and 1 bathroom, with new vinyl flooring in the bedrooms and a new stove, range hood, and refrigerator. The detached ADUs provide additional living options: one offers 3 bedrooms and 2 bathrooms across approximately 936 square feet, while the other features 2 bedrooms and 2 bathrooms across approximately 810 square feet. Each ADU is equipped with its own solar system. Each residence has two assigned parking spaces, for a total of eight spaces. Tenants pay all utilities, helping simplify operating expenses. With four residences, recent updates, and newer detached construction, this property is an appealing opportunity for investors seeking to expand their rental portfolio or buyers exploring an owner-occupied investment. Discover a versatile four-unit investment opportunity at 12101216 Helix Street in Spring Valley. The property features a duplex and two detached ADUs built in 2023, offering a mix of two- and three-bedroom floor plans. Each duplex unit includes 2 bedrooms and 1 bathroom, with new vinyl flooring in the bedrooms and a new stove, range hood, and refrigerator. The detached ADUs provide additional living options: one offers 3 bedrooms and 2 bathrooms across approximately 936 square feet, while the other features 2 bedrooms and 2 bathrooms across approximately 810 square feet. Each ADU is equipped with its own solar system. Each residence has two assigned parking spaces, for a total of eight spaces. Tenants pay all utilities, helping simplify operating expenses. With four residences, recent updates, and newer detached construction, this property is an appealing opportunity for investors seeking to expand their rental portfolio or buyers exploring an owner-occupied investment.

1210-16 Helix St, Spring Valley

$2,495,000

12 Beds ⋅ 10 Baths ⋅ PTP2606822 MLS ⋅ ACTIVE Status

Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package. Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package.

1304 Buena Vista Ave, Spring Valley

$1,688,000

13 Beds ⋅ 7 Baths ⋅ 260021442 MLS ⋅ ACTIVE Status ⋅ - BLDG.

4 separate homes all with their own private yards. 2 homes are almost brand new, each with an attached 2 car garage. All have tons of extra parking. The homes that aren't new are remodeled and upgraded on the inside. All 4 homes are legal and permitted. Future potential (maybe)= huge flat lot that fronts both Lamar and Marshall, add more units either as junior ADU (in garages) or add more homes, subdivide and sell each house separately, condo map and sell each house separately based on the rule the county of San Diego passed March 1, 2026, based on the California law passed last year.

8975 Lamar St, Spring Valley

$850,000

5 Beds ⋅ 2 Baths ⋅ 260021119 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Well maintained. 2󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 units, The front unit 1145 is a 2 bed/1 bath, back unit 1147 is a 3 bed/1 bath. Both have large single garages and both have private yards and laundry facilities. Both units are remodeled and have vinyl flooring, new windows, vanities, counters and cabinets. Front unit is now rented for $2450 month. Back unit, 1147 is currently rented for $2600 a month. Easy access to 125 and 94 freeways. Located in a cul-de-sac a quick walk to the Target and Smart and Final on Jamacha Rd. This is a great deal and perfect for someone who wants the second unit to pay down their mortgage.

1145-47 Jamacha Ln, Spring Valley

$1,725,000

12 Beds ⋅ 6 Baths ⋅ 260018754 MLS ⋅ ACTIVE Status

3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.

3960-68 Helix St, Spring Valley

$1,150,000

5 Beds ⋅ 4 Baths ⋅ 260018133 MLS ⋅ ACTIVE Status

Discover the potential of 9095–97 Fitzgerald, a well-positioned duplex offering an outstanding opportunity for investors, owner-occupants, or those looking to build long-term wealth through real estate. This versatile property features two separate units, providing the flexibility to live in one and rent the other, or maximize cash flow by leasing both units. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers endless possibilities. Features include nicely equipped kitchens with new cabinets, full baths recently remodeled, separate meters, private backyards and laundry hookups. All new blinds, ceiling fans and carpet in the bedrooms. New HVAC system installed just a few years ago. Both living spaces have nice tiled floors throughout. Each unit has 2 parking spaces side by side. Convenient access to shopping, dining, schools, parks, and major transportation routes.

9095-97 Fitzgerald Way, Spring Valley

$1,700,000

NDP2605767 MLS ⋅ ACTIVE Status

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, 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.

9922-34 Buena Vista Dr, Spring Valley

$1,299,999

6 Beds ⋅ 8 Baths ⋅ 260009476 MLS ⋅ ACTIVE Status

Mixed-use property, residential and commercial. Residential units feature updated interior of kitchens, flooring and fixtures. Property includes on site parking, 4 spaces in the front side of the property and a minimun of 2 parking spaces in the back.

734-738 Grand Ave, Spring Valley

$1,559,000

12 Beds ⋅ 6 Baths ⋅ 250035324 MLS ⋅ ACTIVE Status

9208 Harness Street󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 in Spring Valley, California is a 6-unit apartment building situated on 9,315 square feet of land with a strong unit mix of all two-bedroom, one-bath units totaling 3,600-square feet of structure built in 1951. Significant improvements and upgrades have been done to the property by past ownership. The building is a two-story wood-frame stucco building with concrete slab foundation and a flat roof. Each unit has a water heater, and residents have three dedicated tandem parking spaces and three single parking spaces. The property is conveniently located less than one mile from neighborhood retail outlets, public parks and schools, and just two miles from Sweetwater Summit Regional Park and Reservoir where residents can enjoy the quiet outdoors.

9208 Harness St, Spring Valley

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Spring Valley Multi-Family Properties for Sale

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