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5-Units in Chula Vista 678 Jefferson Ave 5 Unit Apartment Building $1,600,000 ($320,000/Unit) Chula Vista, CA 91910
INVESTMENT HIGHLIGHTS
- Unit Mix: (1) 2+1, (4) Studio
- Set in a quiet residential neighborhood just east of the I-5 and north of J Street. Tenants enjoy proximity to the Chula Vista Center, home to restaur
- (8) Total Parking: (1) Garage, (1) Car Port, (6) Surface
EXECUTIVE SUMMARY
678 JEFFERSON AVE, CHULA VISTA, CA 91910
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 678 JEFFERSON AVE, CHULA VISTA, CA 91910 a 5-unit multifamily investment consisting of two buildings totaling approximately 2,464 square feet constructed in 1955 on an 8,285 square foot lot. The unit mix consists of (1) 2+1, (4) Studio and eight parking spaces.
Set in a quiet residential neighborhood just east of the I-5 and north of J Street. Tenants enjoy proximity to the Chula Vista Center, home to restaurants, coffee, retail, and several grocery options including Sprouts, Carnival, and Northgate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 678 JEFFERSON AVE, CHULA VISTA, CA 91910 a 5-unit multifamily investment consisting of two buildings totaling approximately 2,464 square feet constructed in 1955 on an 8,285 square foot lot. The unit mix consists of (1) 2+1, (4) Studio and eight parking spaces.
Set in a quiet residential neighborhood just east of the I-5 and north of J Street. Tenants enjoy proximity to the Chula Vista Center, home to restaurants, coffee, retail, and several grocery options including Sprouts, Carnival, and Northgate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$93,360
|
$37.89
|
| Other Income |
$273
|
$0.11
|
| Vacancy Loss |
$2,809
|
$1.14
|
| Effective Gross Income |
$90,824
|
$36.86
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$42,199
|
$17.13
|
| Net Operating Income |
$48,625
|
$19.73
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $93,360 |
| Annual Per SF | $37.89 |
| Other Income | |
|---|---|
| Annual | $273 |
| Annual Per SF | $0.11 |
| Vacancy Loss | |
|---|---|
| Annual | $2,809 |
| Annual Per SF | $1.14 |
| Effective Gross Income | |
|---|---|
| Annual | $90,824 |
| Annual Per SF | $36.86 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $42,199 |
| Annual Per SF | $17.13 |
| Net Operating Income | |
|---|---|
| Annual | $48,625 |
| Annual Per SF | $19.73 |
PROPERTY FACTS
| Price | $1,600,000 | Building Class | C |
| Price Per Unit | $320,000 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,464 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Low-Rise | Parking Ratio | 2.03/1,000 SF |
| Zoning | R1, Chula Vista | ||
| Price | $1,600,000 |
| Price Per Unit | $320,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,464 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 2.03/1,000 SF |
| Zoning | R1, Chula Vista |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $1,395 | 390 |
| 2+1 | 1 | $2,200 | 900 |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 571-142-15 | Improvements Assessment | $371,422 (2025) |
| Land Assessment | $721,621 (2025) | Total Assessment | $1,093,043 (2025) |
PROPERTY TAXES
Parcel Number
571-142-15
Land Assessment
$721,621 (2025)
Improvements Assessment
$371,422 (2025)
Total Assessment
$1,093,043 (2025)
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5-Units in Chula Vista | 678 Jefferson Ave
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