370-372 G St - Apartments FOR SALE


Chula Vista, CA 91910- Downtown Chula Vista
$2,249,000 USD
619-889-7646
370-372 G St, Chula Vista, CA for Sale
$2,249,000 USD
Apartments - FOR SALE
1/20
null | 4.72% Cap Rate

370-372 G St
Chula Vista, CA 91910
Downtown Chula Vista


OVERVIEW

Fantastic six-unit residential income opportunity in the heart of Chula Vista, just a half block from historic Third Avenue Village. Situated on a large 0.26-acre lot, this well-balanced asset consists of two buildings: a front Victorian-style residence with a 3-bedroom, 2-bath downstairs unit and a 2-bedroom, 1-bath upstairs unit, plus a rear four-unit building with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property offers strong in-place income with additional upside potential, making it an attractive opportunity for investors seeking immediate cash flow, long-term appreciation, and possible future value-add or development potential. Residents enjoy a large communal fenced yard, community laundry, and a dedicated parking lot with six spaces. The prime location is close to Downtown Chula Vista’s restaurants, cafés, breweries, shops, and local businesses, with the Chula Vista Bayfront redevelopment adding to the area’s long-term growth story. A rare chance to acquire a six-unit property in a highly desirable South Bay rental market with strong fundamentals and future upside.

FOR SALE DETAILS

PRICE

$2,249,000 USD

PRICE/SF

$363 USD /SF

# OF UNITS

6

PRICE/UNIT

$374,833

CAP RATE

4.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R5-30

APN/PARCEL ID

568-410-57

ASK ABOUT THIS PROPERTY

Glen HendersonLPT Realty, IncMore Info
619-889-7646

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

Glen HendersonLPT Realty, IncMore Info
619-889-7646

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