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134-138 5th Ave
Chula Vista, CA 91910
Multifamily Property For Sale
·
7 Units
Executive Summary
Newmark, as exclusive advisor, is pleased to present the rare opportunity to acquire 134-138 5th Avenue (the “Property”), a 7-unit, newly remodeled, multifamily property located in the exceptionally supply constrained San Diego submarket of Chula Vista, California.
Strategically positioned at the gateway to downtown Chula Vista, the property enjoys seamless access to a vibrant mix of walkable retail, dining, and neighborhood amenities.
Strategically positioned at the gateway to downtown Chula Vista, the property enjoys seamless access to a vibrant mix of walkable retail, dining, and neighborhood amenities.
Property Facts
| Price Per Unit | $356,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 6.13% | Building Size | 5,197 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Low-Rise | Parking Ratio | 1.21/1,000 SF |
| Zoning | R3, Chula Vista | ||
| Price Per Unit | $356,429 |
| Sale Type | Investment |
| Cap Rate | 6.13% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 5,197 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | R3, Chula Vista |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Handrails
- Lawn
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 2 | - | - |
| 5+3 | 1 | - | - |
Property Taxes
| Parcel Number | 565-192-18 | Improvements Assessment | $822,436 |
| Land Assessment | $1,008,147 | Total Assessment | $1,830,583 |
Property Taxes
Parcel Number
565-192-18
Land Assessment
$1,008,147
Improvements Assessment
$822,436
Total Assessment
$1,830,583
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