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Beautifully Remodeled 3 Units - Chula Vista 742 Jefferson Ave 3 Unit Apartment Building $1,430,000 ($476,667/Unit) 4.62% Cap Rate Chula Vista, CA 91910
Investment Highlights
- Prime, West Chula Vista Location.
- Corner Lot w/ Parking.
- Single-Level Units w/ In-Unit Laundry and Yards.
- Contemporary and Stylish Finishes.
Executive Summary
Beautifully Renovated 3-Unit Investment Property on a Corner Lot in Prime Chula Vista Location • (2) 2Bdrm/1Bath & (1) 1Bdrm/1Bath • All units have been completely remodeled with one unit is newly built unit • All units with contemporary and stylish finishes with in-unit laundry and yards • Onsite Parking • This property is perfect for an owner occupant (VA, FHA eligible) or an investor looking for a turnkey multifamily property • Convenient Access to I-5, Trolley, Schools, and Local Amenities • Take advantage of all the positive growth in the area with the new Bayfront Development / Gaylord Pacific Resort, $85M Movie Studio, and more
***Contact Listing Agent to Schedule a Tour***
***Contact Listing Agent to Schedule a Tour***
Property Facts
| Price | $1,430,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $476,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.62% | Building Size | 1,974 SF |
| Gross Rent Multiplier | 14.73 | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1953/2026 |
| Property Type | Multifamily | Parking Ratio | 1.01/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R2 | ||
| Price | $1,430,000 |
| Price Per Unit | $476,667 |
| Sale Type | Investment |
| Cap Rate | 4.62% |
| Gross Rent Multiplier | 14.73 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 1,974 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2026 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,800 | 762 - 800 |
| 1+1 | 1 | $2,423 | 450 - 500 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 571-192-10 | Improvements Assessment | $244,800 |
| Land Assessment | $637,500 | Total Assessment | $882,300 |
Property Taxes
Parcel Number
571-192-10
Land Assessment
$637,500
Improvements Assessment
$244,800
Total Assessment
$882,300
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Beautifully Remodeled 3 Units - Chula Vista | 742 Jefferson Ave