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134-38 5th Ave

Chula Vista, CA 91910
  • $2,699,000
  • STATUS: ACTIVE
  • ON SITE: 25 Days
  • ID#: 240024756
UPDATED: 23 min ago
$2,699,000
  • 7
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Introducing a recently renovated 7-unit property, updated in 2022. Each unit features new interior paint, modern kitchens with quartz countertops, and brand-new appliances. With 3 separate structures, tenants enjoy enhanced privacy and separation. Convenient on-site laundry adds to the ease of living. Situated on a massive 15,000 sq ft lot, there is ample parking for all residents. Ideally located near the 5 and 54 freeways, offering quick access to major routes. A great investment opportunity in a prime location!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/156875548
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134-38 5th Ave Chula Vista, CA 91910

  • Price: $2,699,000
  • Status: ACTIVE
  • On Site: 25 Days
  • Updated: 23 min ago
  • ID#: 240024756
7
Beds
5
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chula Vista (91910)
County:
San Diego
Area:
Chula Vista (91910)
Property Description
Introducing a recently renovated 7-unit property, updated in 2022. Each unit features new interior paint, modern kitchens with quartz countertops, and brand-new appliances. With 3 separate structures, tenants enjoy enhanced privacy and separation. Convenient on-site laundry adds to the ease of living. Situated on a massive 15,000 sq ft lot, there is ample parking for all residents. Ideally located near the 5 and 54 freeways, offering quick access to major routes. A great investment opportunity in a prime location!
Interior Features

Sq Ft Of Improvement 0 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No

Property Features

Actual Cap Rate 5.2 Actual Gross Scheduled Income 211290.0 Actual Operating Expense 60533 Assumable Finance 0 Buildings 3 Gross Equity 0 Gross Multiplier 12.8 Have na Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 17608 Motive Want na Projected Cap Rate 6.2 Projected Gross Operating Inc 227236 Projected Gross Scheduled Inc 239196 Projected Net Income 166683 Unit Number1 1 Unit Number2 2 Unit Number3 4 Unit Rent Total2 4890 Unit Rent Total3 8265 Unit Rent1 3595 Unit Rent2 2445 Unit Rent3 1925-2250

San Diego MLS logo Listing provided courtesy of Jason Lee of JLM Real Estate Inc: 619-891-0403. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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