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9922-34 Buena Vista Dr, Spring Valley, CA, 91977

--beds
--baths
3,657sqft
$1,800,000
$492price/sqft
$11,257/moest. monthly cost
$450,280/yrincome needed

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.

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

3/10
3/10
6/10
Monte Vista High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1946

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 3,657
  • Total interior livable area: 3,657 sqft

Property

Details

  • Parcel number: 5012481500
  • Attached to another structure: Yes
  • Zoning: RM-3
  • Special condition: Standard

Features

  • Entry location: Back and Front
  • Pool features: None

Lot

  • Lot size: 8,943 sqft
  • Features: 11-15 Units/Acre

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,101$109,212
Home Insurance *$367$4,404
Property Taxes $1,005$12,060
Electricity $784$9,410
Total$11,257$135,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$385,954/yr
40% on housing$337,710/yr
45% on housing$300,186/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$492This listing

vs Other Active Listings

Avg $/sqft

ZIP 91977$365
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 91977$482
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$1,700,000
2026-07-14Price change$1,800,000
2026-07-07Price change$1,900,000
2026-06-29Price change$2,000,000
2026-06-26Price change$2,200,000
2026-06-16Listed for sale$2,300,000

For Sale by Agent

AgentEric von Bluecher
BrokerageLee & Associates

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