Property Detail

Description

Turnkey 5-unit multifamily investment opportunity in Chula Vista! units are ready for 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 sketch included with ADU potential (buyer to verify). Ideally located just minutes to all amenities 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, in process of leasing units and ready for new owners.