Property Detail

Description

Exceptional turnkey 5-unit multifamily/Condo investment opportunity in Chula Vista! All five units will be delivered vacant, allowing the new owner to lease immediately at current market rents and maximize cash flow from day one. A rare opportunity for investors or 1031 exchange buyers seeking a fully renovated, low-maintenance asset with immediate income potential and future upside. Development plans included with ADU potential (buyer to verify). Ideally located just minutes from Downtown CV/Third Ave, CV Center, public transportation, hospitals, etc. With nearby redevelopments, this location offers strong long-term appreciation potential. Each unit offers 2 bedrooms/1 bathroom and parking. Recent upgrades include remodeled kitchens with new appliances, modern bathrooms, luxury vinyl plank flooring, new windows, fresh interior/exterior paint, individual mini-split HVAC systems, refurbished roof, new commercial-grade 100-gallon water heater (2025), upgraded landscaping, and driveway improvements. Additional features include an automatic gated entrance, 9 on-site parking spaces, private enclosed patio/balcony with storage for each unit, individually metered gas and electric, shared water, and strong rental appeal. A truly turnkey investment with significant value-add potential in a high-demand rental market. Contact agent Janette Dias 619.348.2015