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    1180-1190 Trenton Ave.

    Chula Vista, CA 91911
    • $1,950,000 - $2,025,000
    • STATUS: ACTIVE
    • ON SITE: 231 days
    • ID#: 200025360
    UPDATED: 34 min ago
    $1,950,000 - $2,025,000
    • 8
      BEDS
    • 0.29
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Incredible Residential Financing Available! Two contiguous 4 plexs, 6,494 sqft on a 13,013 sft lot.... All twos bedroom 1 bath units. Buyer can use residential or commercial financing on this diamond in the rough. Massive amount of upside, don't let this opportunity pass you by.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/106495940
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    1180-1190 Trenton Ave. Chula Vista, CA 91911

    • Price: $1,950,000 - $2,025,000
    • Status: ACTIVE
    • Updated: 34 min ago
    • ID#: 200025360
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.29
    Acres
    Neighborhood:
    Chula Vista (91911)
    County:
    San Diego
    Area:
    Chula Vista (91911)
    Property Description
    Incredible Residential Financing Available! Two contiguous 4 plexs, 6,494 sqft on a 13,013 sft lot.... All twos bedroom 1 bath units. Buyer can use residential or commercial financing on this diamond in the rough. Massive amount of upside, don't let this opportunity pass you by.
    Exterior Features

    Lot Dimensions Approx 89 X 145 Parking Spaces Total 14 Units With Garages 0

    Interior Features

    Sq Ft Of Improvement 6494 Unit Furnished1 0 Unit Furnished2 0 Unit Furnished3 0 Unit Furnished4 0 Units With Ranges 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 4.45 Actual Gross Operating Income 131868 Actual Gross Scheduled Income 124800.0 Actual Operating Expense 45900 Actual Vacancy And Credit Loss 1332 Assumable Finance 0 Buildings 2 Complex Features Other/Remarks Gross Equity 100000 Gross Multiplier 14.64 Have 8 Units Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller Will Entertain Offers Between 1950000 - 2025000 Market Area South Bay Monthly Rent Total 10400 Motive Want More Other Income Actual 8400 Other Income Amount 700 Other Income Source Laundry Projected Cap Rate 5.42 Projected Gross Multiplier 12.8 Projected Gross Operating Inc 140517 Projected Gross Scheduled Inc 144000 Projected Operating Expense 45900 Projected Other Income 8400 Projected Vacancy And Credit Loss 1419 Short Sale No Unit Number1 2 Unit Number2 2 Unit Number3 1 Unit Number4 3 Unit Rent Total1 2400 Unit Rent Total2 2500 Unit Rent Total3 1300 Unit Rent Total4 4200 Unit Rent1 1200 Unit Rent2 1250 Unit Rent3 1300 Unit Rent4 1400

    Listing provided courtesy of Apartment Advisors Inc.. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101