169 Glover Ave

    Chula Vista, CA 91910
    • $1,250,000
    • STATUS: PENDING
    • ON SITE: 23 days
    • ID#: 190052760
    Pending
    UPDATED: 60 min ago
    $1,250,000
    • 11
      BEDS
    • 0.18
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    This six (6) unit apartment complex is located in the rental market of Chula Vista. The subject property is comprised of five (5) 2 bedroom / 1 bath units and one (1) 1 bedroom / 1 bath units. Freeway and shopping center close, this property is just right for the investor looking to enter the San Diego county apartment market.

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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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/99283870

    169 Glover Ave Chula Vista, CA 91910

    • Price: $1,250,000
    • Status: PENDING
    • Updated: 60 min ago
    • ID#: 190052760
    11
    Beds
    6
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    Chula Vista (91910)
    County:
    San Diego
    Area:
    Chula Vista (91910)
    Property Description
    This six (6) unit apartment complex is located in the rental market of Chula Vista. The subject property is comprised of five (5) 2 bedroom / 1 bath units and one (1) 1 bedroom / 1 bath units. Freeway and shopping center close, this property is just right for the investor looking to enter the San Diego county apartment market.
    Exterior Features

    Construction Stucco Parking Spaces Total 6

    Interior Features

    Sq Ft Of Improvement 4500

    Property Features

    Actual Cap Rate 2 Actual Cash Flow 4742 Actual Gross Operating Income 65053 Actual Gross Scheduled Income 67764 Actual Operating Expense 40166 Assumable Finance 0 Gross Equity 0 Gross Multiplier 18.4 Have 6 Units Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 5597 Motive Want Cash-Out Other Income Actual 600 Other Income Source 50 Projected Cap Rate 2.4 Projected Gross Multiplier 17.2 Projected Gross Operating Inc 69889 Projected Gross Scheduled Inc 72801 Projected Net Income 29723 Projected Operating Expense 40166 Projected Other Income 600 Short Sale No Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Rent1 1195 Unit Rent2 1095 Unit Rent3 950 Unit Rent4 925 Unit Rent5 875 Unit Rent6 557

    Listing provided courtesy of Apartment Consultants, Inc.. Listing information © 2019 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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101