134-38 5th Ave, Chula Vista, California

$2,895,000

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0.35

Acres

About 134-38 5th Ave

7 Units on a Giant 15,367SF Lot in a Prime Chula Vista location! Completely renovated with new windows, new plumbing, and electrical panels. No deferred maintenance. The units that have been FULLY remodeled and feature all new kitchen cabinets, quartz countertops, new appliances, all new flooring, new bathroom cabinets and new light fixtures. Chula Vista is known for its safe, family oriented neighborhoods, which draws a lot of families to the city driving the demand for housing. WALKABLE with a walk score of 69. Its location is close in proximity to San Diego Bay and large shopping centers. EASY access to the 5 and 54 Freeway. STRONG neighborhood demographics. Residents within the Chula Vista zip code are families that are renter focused. There is high demands for multi-unit rental housing. Current Cap Rate 4.7%, Market Cap Rate 5.2%

Features of 134-38 5th Ave

MLS® # 230003124
Price $2,895,000
Acres 0.35
Type Commercial
Sub-Type Com-Res Income
Status PENDING

Community Information

Address 134-38 5th Ave
Area CHULA VISTA (91910)
City Chula Vista
County San Diego
State California
Zip Code 91910

Interior

# of Stories 2

Additional Information

Date Listed February 16th, 2023
Days on Market 26
Zoning R-3
Short Sale No

Listing Details

OfficeJLM Real Estate Inc.

Listing Map

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