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317 Tremont St

Chula Vista, CA 91911
  • $2,200,000
  • STATUS: ACTIVE
  • ON SITE: 39 Days
  • ID#: 240023491
UPDATED: 128 min ago
$2,200,000
  • 2
    BEDS
  • 0.24
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to 317 Tremont St, a completely turnkey 6-unit apartment building, featuring (6) spacious 2-bedroom, 1-bathroom units. Each unit has been beautifully renovated, offering modern upgrades that tenants will love. Highlights include fresh paint, new quartz countertops, sleek stainless steel appliances, new flooring, and updated ceiling fans. With rents already near market rate, this property offers immediate cash flow potential. Tenants will also enjoy convenient on-site parking and laundry facilities. Ideal for an owner looking for a hassle-free investment with move-in ready units in a well-maintained building!

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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/156287993
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317 Tremont St Chula Vista, CA 91911

  • Price: $2,200,000
  • Status: ACTIVE
  • On Site: 39 Days
  • Updated: 128 min ago
  • ID#: 240023491
2
Beds
1
Baths
0
½ Baths
0.24
Acres
Neighborhood:
Chula Vista (91911)
County:
San Diego
Area:
Chula Vista (91911)
Property Description
Welcome to 317 Tremont St, a completely turnkey 6-unit apartment building, featuring (6) spacious 2-bedroom, 1-bathroom units. Each unit has been beautifully renovated, offering modern upgrades that tenants will love. Highlights include fresh paint, new quartz countertops, sleek stainless steel appliances, new flooring, and updated ceiling fans. With rents already near market rate, this property offers immediate cash flow potential. Tenants will also enjoy convenient on-site parking and laundry facilities. Ideal for an owner looking for a hassle-free investment with move-in ready units in a well-maintained building!
Exterior Features

Parking Spaces Total 10

Interior Features

Sq Ft Of Improvement 0 Units With Refrigerators 6

Property Features

Actual Cap Rate 5.1 Actual Gross Scheduled Income 169680.0 Actual Operating Expense 57125 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 12.5 Have n/a Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 14140 Motive Want n/a Other Income Actual 5760 Other Income Amount 480 Other Income Source RUBSPet Projected Cap Rate 5.9 Projected Gross Multiplier 11.4 Projected Gross Scheduled Inc 186840 Projected Net Income 129697 Projected Other Income 5760 Short Sale No Unit Number1 6 Unit Rent Total1 14140 Unit Rent1 2300-2450

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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