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1405-1413 1st Ave
Chula Vista, CA 91911
Castle Park · Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • Pride of Ownership Asset
  • Market Cap Rate Exceeds 5.3%
  • Minimal Deferred Maintenance
  • Ideal Unit Mix of 12 - 3BR/2BA
  • 12 Single Car Garages
  • Assumable Financing at 3.5% Interest Only

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.01 AC
Building Size 13,344 SF
Average Occupancy 100%
No. Stories 2
Year Built 1988
Parking Ratio 2.5/1,000 SF
Zoning R3P12

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer Hookup
  • Granite Countertops
  • Stainless Steel Appliances
  • Deck

SITE AMENITIES

  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 12 - 1,112

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
623-072-01
Land Assessment
$2,965,140
Improvements Assessment
$2,080,800
Total Assessment
$5,045,940
  • Listing ID: 25734043

  • Date on Market: 5/18/2022

  • Last Updated:

  • Address: 1405-1413 1st Ave, Chula Vista, CA 91911

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