Property profile

3827 Conrad Dr Spring Valley, CA 91977

OFF-MARKET
Apartment buildings
Property ID
US09-6604417
36,960 SF 1.05 ac lot Built 1971
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1971
Total area 36,960 SF
Lot 1.05 ac (45,738 SF)
Zoning code COMMERCIAL
APN 500-182-09-00
UPID US09-6604417

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3827 Conrad Dr Spring Valley, CA 91977-1425
Spring Valley metro Census 13601 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.57M
CAP Approach CAP
$9.45M
Comparable Approach Comparable
$11.02M
Blend (final) Blend
$10.43M

Owner & transaction history

since 2023
Last sale
$11.7M
7 recorded transactions
2023
$11.7M
2023
Price N/A
2021
Price N/A
2021
$9.2M
2018
$80,000
2017
$8.0M
2015
$6.9M

Zoning & alternative use

COMMERCIAL · Spring Valley, CA
Top alternative use upside
Auto repair, garage $14.1M +67.8%
Office building $13.3M +58.5%
Warehouse, storage $12.3M +46.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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