91-99 Broadway

    Chula Vista, CA 91910
    • $2,975,000
    • STATUS: ACTIVE
    • ON SITE: 150 days
    • ID#: 190027702
    UPDATED: 28 min ago
    $2,975,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rare opportunity in this market!!! Fully and majorly remodeled w/permit 15 units + laundry room MOTEL Three buildings, rented monthly and all tenants have been there for a while. 1st building is a single story with 4 kitchenette units and laundry room, 2nd building is a single story with 1 unit kitchenette, 1 unit 1 bedroom and 1 large end unit with 1 bedroom and big living room, 3rd building is 2 stories with 8 kitchenette units, 4 units located on the first floor and 4 units on the second. Property runs just like a regular 15 unit investment property and doesn't need a cleaning staff or receptionist! One of the tenants is a site manger and because of the good condition on the exterior and interior all tenants reside there for quite some times. Near highway 54, 5 and 805, walking distance to shopping center, restaurants and bus stations. Good solid income with zero hassle from tenants.

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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/95015438

    91-99 Broadway Chula Vista, CA 91910

    • Price: $2,975,000
    • Status: ACTIVE
    • Updated: 28 min ago
    • ID#: 190027702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Chula Vista (91910)
    County:
    San Diego
    Area:
    Chula Vista (91910)
    Property Description
    Rare opportunity in this market!!! Fully and majorly remodeled w/permit 15 units + laundry room MOTEL Three buildings, rented monthly and all tenants have been there for a while. 1st building is a single story with 4 kitchenette units and laundry room, 2nd building is a single story with 1 unit kitchenette, 1 unit 1 bedroom and 1 large end unit with 1 bedroom and big living room, 3rd building is 2 stories with 8 kitchenette units, 4 units located on the first floor and 4 units on the second. Property runs just like a regular 15 unit investment property and doesn't need a cleaning staff or receptionist! One of the tenants is a site manger and because of the good condition on the exterior and interior all tenants reside there for quite some times. Near highway 54, 5 and 805, walking distance to shopping center, restaurants and bus stations. Good solid income with zero hassle from tenants.
    Exterior Features

    Construction DrywallStucco Parking CarportsGaragesSpaces Roof Composition

    Interior Features

    Cooling Wall/Window Floor Coverings TileVinyl Floors SlabWood Heating Wall Sq Ft Of Improvement 0 Stories 2 Story

    Property Features

    1st Loan Assumable 0 1st Loan Balance 0 1st Loan Interest 0 2nd Loan Assumable 0 2nd Loan Interest Rate 0 Actual Cap Rate 0 Actual Cash Flow 0 Actual Cash On Cash 0 Actual Gardener Expense 0 Actual Gas And Electric 0 Actual Gross Operating Income 0 Actual Gross Scheduled Income 0 Actual License Expense 0 Actual Maintenance Expense 0 Actual Mgr Expense 0 Actual Operating Expense 0 Actual Other Expense 0 Actual Pest Control Expense 0 Actual Prop Management 0 Actual Supplies Expense 0 Actual Taxes Expense 0 Actual Total Pi Pay 0 Actual Trash Expense 0 Actual Vacancy And Credit Loss 0 Actual Water Sewer Expense 0 Assessed Value Improved 0 Assumable Finance 0 Bln Assumable 0 Bln Balance 0 Bln Balloon 0 Bln Interest 0 Bln Payment 0 Bln Year Due 0 Buildings 1 Complex Features BbqNone Existing Financing ConventionalOther/Remarks Financial Information Source Other/Remarks Fiscal Year From 0 Fiscal Year To 0 Gross Equity 0 Gross Multiplier 0 Have 0 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 17750 Motive Want 0 Other Income Actual 0 Other Income Amount 0 Other Income Source 0 Projected Annual Pi Expense 0 Projected Cap Rate 0 Projected Cash Flow 0 Projected Cash On Cash 0 Projected Fl Ins Expense 0 Projected Fl Ins Expense1 0 Projected Gardener Expense 0 Projected Gas And Electric 0 Projected Gross Multiplier 0 Projected Gross Operating Inc 0 Projected Gross Scheduled Inc 0 Projected License Expense 0 Projected Maintenance Expense 0 Projected Manager Expense 0 Projected Net Income 0 Projected Operating Expense 0 Projected Other Expense 0 Projected Other Income 0 Projected Pest Expense 0 Projected Property Mgmt Expense 0 Projected Supplies Expense 0 Projected Taxes Expense 0 Projected Total Expense 0 Projected Trash Expense 0 Projected Vacancy And Credit Loss 0 Projected Water And Sewer Expense 0 Short Sale No Special None Sq Ft Source Buyer To Verify Terms CashCash To New LoanOther/Remarks Unit Type Condo Zoning Commercial

    Listing provided courtesy of Bluxen. 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