619-990-4436
8951 Jamacha Rd, Spring Valley
(22) 2 Bed 2 Bath
(9) 1 Bed 1 Bath
(1) 3 Bed 2 Bath
Spring Valley 32 – 32 Unit Multifamily Sale in Spring Valley, CA
8951 Jamacha Road, Spring Valley, CA
Submarket: Spring Valley – East San Diego County
Sale Price: $6,800,000
Price Per Unit: $212,500
Occupancy at Close: 100%
Property Overview
Spring Valley 32, formerly known as Casa Jamacha Apartments, is a 32 unit multifamily community located in the Spring Valley submarket of East San Diego County. The property is positioned near the 54 and 94 freeways, providing convenient access to major employment centers throughout the region.
At the time of sale, the asset offered stabilized income with full occupancy, making it an attractive acquisition for investors seeking both reliable cash flow and future upside.
For apartment owners evaluating whether to sell in Spring Valley or nearby San Diego neighborhoods, this transaction illustrates how well positioned multifamily assets can generate strong investor interest.
Unit Mix
9 One Bedroom / One Bath – 600 SF
22 Two Bedroom / Two Bath – 800 SF
1 Three Bedroom / Two Bath – 940 SF
The property’s unit mix appeals to a wide range of renters and supports consistent occupancy in the Spring Valley rental market.
Transaction Overview
The sale of Spring Valley 32 reflects the continued demand for well located multifamily investments within East San Diego County. Investors remain highly active in submarkets that provide relative affordability compared to central San Diego while still benefiting from strong rental demand.
With 100 percent occupancy at the time of closing, the property provided immediate income stability. Buyers were also attracted to the opportunity to reposition the asset through strategic upgrades and operational improvements.
The location near major transportation corridors further strengthened the property’s appeal to multifamily investors evaluating long term performance.
Value Add Strategy
Following acquisition, the property was repositioned through targeted renovations designed to improve tenant appeal and support rental growth.
Improvements included:
In unit washer and dryer installationsGranite countertopsWood style flooringStainless steel appliancesGated entry improvementsRefreshed pool amenities
These upgrades helped reposition the property within the Spring Valley rental market and aligned rents with broader trends seen across San Diego County.
Market Context
Spring Valley continues to serve as one of the more accessible entry points for investors seeking multifamily opportunities within San Diego County. The area benefits from freeway access, proximity to employment centers, and consistent rental demand.
Understanding micro submarket rent ceilings, renovation thresholds, and buyer underwriting expectations is essential when evaluating apartment sales in Spring Valley and surrounding communities.
For owners considering the sale of a 10 to 50 unit apartment building, factors such as current cap rate, pro forma upside, renovation scope, parking ratios, and comparable local rents can significantly influence final pricing.
Considering Selling Your Apartment Building in San Diego?
If you are evaluating the sale of a multifamily property in Spring Valley or anywhere in San Diego County, reviewing recent transactions can provide valuable insight into buyer demand and current market conditions.
Working with a broker who specializes in multifamily investments can help position a property to maximize value and attract qualified investors.