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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$2,300,000

Est. payment - /mo

11 Beds

6 Baths

4,438 SqFt

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Open House

Sun Apr 26, 1:00pm - 5:00pm

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,438 sqft

Price per Sqft $518

MLS Listing ID 260009969

Bedrooms 11

Full Baths 18

Property Sub-Type Com-Res Income

Property Description

Exceptional 5-unit investment opportunity located in one of Chula Vista's rapidly expanding submarkets. This well-positioned property features a front single-family residence at 390 Del Mar Ave offering 3 bedrooms and 2 bathrooms, complete with its own private entrance and dedicated parking. The rear of the property consists of four 2-bedroom, 1-bath units, all serviced by a separate gated parking area, creating a functional and attractive layout for tenants. One unit is currently vacant, providing immediate flexibility for an owner-occupant or the opportunity to achieve market rents from day one. Ideally situated just minutes from Downtown Chula Vista, this asset benefits from proximity to ongoing redevelopment, new construction, and a growing demand for quality rental housing, making it an attractive option for both seasoned investors and those seeking long-term appreciation. The property offers strong in-place income with additional value-add potential in a high-demand rental market. Its strategic location approximately three minutes from the Downtown Chula Vista redevelopment corridor provides convenient access to major freeways, retail, dining, and transit. With a flexible layout that appeals to a broad tenant base, this asset is well-suited for a long-term hold or repositioning strategy. Investors have the opportunity to increase rents over time and enhance overall returns while benefiting from continued appreciation in a high-growth area.

Location

State CA

County San Diego

Community Other/Remarks

Area South Bay

Interior

Heating Central Forced Air Gas

Flooring Slab

Fireplace No

Laundry Owned

Exterior

Parking Features Other/Remarks, Spaces

View Y/N No

Roof Type Composition

Building

Dwelling Type Other/Remarks

Story 2

Others

Senior Community No

Tax ID 56835012

Acceptable Financing Cash, FHA, Other/Remarks

Listing Terms Cash, FHA, Other/Remarks

Special Listing Condition Call Agent

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Listed by Maria E Amezcua, DRE#02132818 Premier Agency Real Estate Inc.

Nearby School & Business

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

390-392 Del Mar Ave Chula Vista, CA 91910

Sheila Dadashzadeh

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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