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2322 Chatsworth Blvd 4 Unit Apartment Building $1,800,000 ($450,000/Unit) San Diego, CA 92106
Investment Highlights
- Premier Point Loma location with significant immediate rental upside
- Abundant off-street parking with 4 garages and 5 open spaces
- Ideal unit mix of well laid out one and two-bedroom units (individually metered)
- Expansive 7,261 SF lot with lush landscaping, private yards, and laundry
- Proximity to the beach, employment, restaurants, shopping, cafes, schools, parks, and entertainment
- Extremely competitive housing market ideal for multifamily investment
Executive Summary
CBRE is pleased to offer for sale 2322-2228 Chatsworth Boulevard, a 4-unit residential community in the heart of Point Loma, one of central San Diego’s premier coastal communities. Well maintained, the property offers a new investor immediate rental upside. Built in 1948, the property features classic craftsman architecture with 2 one-bedroom and 2 two-bedroom units, each unit with a garage (4) and open parking space (4). Tenants also enjoy lush landscaping, private yards, laundry room, and area views. Ideally located in the heart of Point Loma, the property benefits from proximity to the beach, restaurants, shops, entertainment, and employment. Point Loma is considered one of central San Diego’s premier beach communities, ideal for real estate investment. The garages provide future ADU potential.
Property Facts
| Price | $1,800,000 | Building Class | B |
| Price Per Unit | $450,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 2,350 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | Parking Ratio | 3.83/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - Multi-Family 10 units or less | ||
| Price | $1,800,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 2,350 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 3.83/1,000 SF |
| Zoning | R-3 - Multi-Family 10 units or less |
Amenities
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,395 | 450 |
| 2+1 | 1 | $2,795 | 700 |
| 2+2 | 1 | $2,895 | 750 |
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Walk Score®
Very Walkable (86)
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2322 Chatsworth Blvd
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