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317 Tremont St.

Chula Vista, CA 91910
  • $2,295,000
  • STATUS: ACTIVE
  • ON SITE: 71 Days
  • ID#: 220024277
UPDATED: 41 min ago
$2,295,000
  • 12
    BEDS
  • 0.24
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

317 Tremont Street is a newly renovated six unit apartment complex in the booming rental market of Chula Vista! The property consists of six 2 bedroom/1 baths all completely renovated with rents average from $2,195-$2,350! The renovation features new flooring, appliances, cabinets, fresh paint, and massive curb appeal! There are parking spots and laundry on-site for tenant use.

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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/133338363
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317 Tremont St. Chula Vista, CA 91910

  • Price: $2,295,000
  • Status: ACTIVE
  • On Site: 71 Days
  • Updated: 41 min ago
  • ID#: 220024277
12
Beds
6
Baths
0
½ Baths
0.24
Acres
Neighborhood:
Chula Vista (91910)
County:
San Diego
Area:
Chula Vista (91910)
Property Description
317 Tremont Street is a newly renovated six unit apartment complex in the booming rental market of Chula Vista! The property consists of six 2 bedroom/1 baths all completely renovated with rents average from $2,195-$2,350! The renovation features new flooring, appliances, cabinets, fresh paint, and massive curb appeal! There are parking spots and laundry on-site for tenant use.
Exterior Features

Exterior Fully LandscapedWood Fence Parking Spaces Parking Spaces Total 12 Roof Composition Units With Garages 0

Interior Features

Laundry Owned Sq Ft Of Improvement 0 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No Unit Furnished6 No Units With Dishwashers 6 Units With Disposals 6 Units With Drapes 0 Units With Ranges 6 Units With Refrigerators 6

Property Features

Actual Cap Rate 4.4 Actual Cash Flow 14561 Actual Fl Ins Expense 3347 Actual Gas And Electric 2520 Actual Gross Operating Income 161541 Actual Gross Scheduled Income 165300.0 Actual Maintenance Expense 4500 Actual Operating Expense 54414 Actual Pest Control Expense 900 Actual Prop Management 8265 Actual Taxes Expense 27600 Actual Trash Expense 2122 Actual Vacancy And Credit Loss 4959 Actual Water Sewer Expense 3960 Assumable Finance 0 Buildings 1 Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Gross Equity 0 Gross Multiplier 14.5 Have Property Leased Apartments 6 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 13775 Motive Want Sell Projected Cap Rate 4.6 Projected Fl Ins Expense 3347 Projected Gas And Electric 2520 Projected Gross Multiplier 14 Projected Gross Operating Inc 165870 Projected Gross Scheduled Inc 171000 Projected Maintenance Expense 4500 Projected Net Income 111456 Projected Operating Expense 54414 Projected Pest Expense 900 Projected Property Mgmt Expense 8265 Projected Taxes Expense 27600 Projected Trash Expense 2122 Projected Vacancy And Credit Loss 5130 Projected Water And Sewer Expense 3960 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Number6 6 Unit Rent Total1 2195 Unit Rent Total2 2195 Unit Rent Total3 2295 Unit Rent Total4 2300 Unit Rent Total5 2300 Unit Rent Total6 2300 Unit Rent1 2195 Unit Rent2 2195 Unit Rent3 2295 Unit Rent4 2300 Unit Rent5 2300 Unit Rent6 2300 Zoning R-3

San Diego MLS logo Listing provided courtesy of Jlm Real Estate Inc.: [IDXCONTACTINFORMATION]. 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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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101