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462-468 Davidson St 6 Unit Apartment Building $2,400,000 ($400,000/Unit) 3.37% Cap Rate Chula Vista, CA 91910
EXECUTIVE SUMMARY
Presenting a prime investment opportunity, this 4,120 SF, 6-unit property offers a diverse range of appealing features. Built in 1951 and zoned R3, it boasts 100% occupancy and the potential for significant added value. Two adjacent triplexes on separate APNs, along with two 2-car garages and a standalone studio, provide additional versatility. With potential ADU conversions to add 3 units, this property is strategically located in the heart of Chula Vista, presenting an attractive prospect for investors seeking a rewarding multifamily, low-rise, or garden property opportunity in the thriving San Diego area.
PROPERTY FACTS In Escrow
| Price | $2,400,000 | Apartment Style | Low-Rise |
| Price Per Unit | $400,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 3.37% | Building Size | 4,630 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Zoning | R-3 - Multi-Family 10 units or less | ||
| Price | $2,400,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 3.37% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 4,630 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R-3 - Multi-Family 10 units or less |
AMENITIES
SITE AMENITIES
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $154,034 | |
| Land Assessment | $99,974 | Total Assessment | $254,008 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$99,974
Improvements Assessment
$154,034
Total Assessment
$254,008
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462-468 Davidson St
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