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1029 4th Ave
Chula Vista, CA 91911
Sunrise Villas · Multifamily Property For Sale · 8 Units

Investment Highlights

  • Pride of Ownership Asset
  • Market Cap Rate Exceeds 5.7%
  • Minimal Deferred Maintenance
  • Ideal Unit Mix of 8 - 3BR/2BA
  • Washer/Dryer Hookups
  • Qualifies for sub 4% Cash to New Loan, Has Assumable Financing at 3.4%

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 9,348 SF
Average Occupancy 100%
No. Stories 2
Year Built 1986
Parking Ratio 1.5/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Balcony
  • Washer/Dryer Hookup
  • Heating
  • Granite Countertops
  • Lawn
  • Patio

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 8 $2,225 1,169

Property Taxes

Property Taxes

Parcel Number
619-051-18
Land Assessment
$894,744
Improvements Assessment
$2,288,880
Total Assessment
$3,183,624
  • Listing ID: 25735467

  • Date on Market: 5/18/2022

  • Last Updated:

  • Address: 1029 4th Ave, Chula Vista, CA 91911

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