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1409 1st Avenue

Chula Vista, CA 91911
  • $5,495,000
  • STATUS: ACTIVE
  • ON SITE: 83 Days
  • ID#: 220012330
Price Reduced
UPDATED: 21 min ago
$5,495,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Castle Park represents a pride of ownership asset that rarely comes to market in Chula Vista. The property consists of 12 expansive 1,100 SF three-bedroom two full bath, single level units. Tenants enjoy modern open floor plans, patios and/or decks, dishwashers, fully updated and renovated kitchens that have stainless steel appliances, custom cabinets, and quartz countertops. The units boast in unit washer and dryer hookups as well as an included single car garage space. Other desirable property features include a large open one-acre lot with grass courtyard area and 18 parking stalls.

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San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/128909429
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1409 1st Avenue Chula Vista, CA 91911

  • Price: $5,495,000
  • Status: ACTIVE
  • On Site: 83 Days
  • Updated: 21 min ago
  • ID#: 220012330
3
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chula Vista (91911)
County:
San Diego
Area:
Chula Vista (91911)
Property Description
Castle Park represents a pride of ownership asset that rarely comes to market in Chula Vista. The property consists of 12 expansive 1,100 SF three-bedroom two full bath, single level units. Tenants enjoy modern open floor plans, patios and/or decks, dishwashers, fully updated and renovated kitchens that have stainless steel appliances, custom cabinets, and quartz countertops. The units boast in unit washer and dryer hookups as well as an included single car garage space. Other desirable property features include a large open one-acre lot with grass courtyard area and 18 parking stalls.
Exterior Features

Units With Garages 12

Interior Features

Sq Ft Of Improvement 13344

Property Features

Actual Gross Scheduled Income 366048.0 Actual Operating Expense 128823 Assumable Finance 2250000 Gross Equity 5495000 Gross Multiplier 15 Have 12 Units Mandatory Remarks None Known Market Area South Bay Motive Want Sale Short Sale No Tenant Pays Electric Y Tenant Pays Gas N Tenant Pays Water N Unit Number1 12 Unit Rent1 2542 Unit Type Other/Remarks

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2022 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