210-12 Del Mar Ave - Apartments FOR SALE


Chula Vista, CA 91910- Downtown Chula Vista
$1,300,000 USD
858-360-3000
210-12 Del Mar Ave, Chula Vista, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

210-12 Del Mar Ave
Chula Vista, CA 91910
Downtown Chula Vista


OVERVIEW

Commercial Asset Advisors is pleased to present the opportunity to acquire a well-located, value-add triplex in the heart of West Chula Vista, one of the most accessible and evolving neighborhoods in South Bay. Situated just a minutes walk from downtown Chula Vista, the Bayfront Redevelopment Project, and major freeways, this property offers a compelling mix of immediate rental income and long-term upside. The property consists of three units: a charming 2 bed / 1 bath detached house and a duplex in the front, each 1 bed / 1 bath. Ideal for an owner-occupant, the detached home provides a private and comfortable residence while the duplex offers strong rental income. Investors will also appreciate the opportunity to boost rents and maximize value. Recent upgrades include new plumbing and new windows, offering peace of mind and reducing near-term capital expenditures. Additionally, the detached single-car garage presents an excellent ADU conversion opportunity, allowing for further income potential and improved returns. With its desirable location, strong fundamentals, and multiple pathways to increase value, 210 Del Mar Ave represents a rare opportunity in a supply-constrained market.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

3

PRICE/UNIT

$433,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1944

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,273 SF

ZONING

R-3

APN/PARCEL ID

568-072-19

ASK ABOUT THIS PROPERTY

James BurnsCommercial Asset AdvisorsMore Info
858-360-3000

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James BurnsCommercial Asset AdvisorsMore Info
858-360-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.