416-420 Church Ave - Apartments FOR SALE


Chula Vista, CA 91910- Downtown Chula Vista
$1,925,000 USD
425-405-8892
416-420 Church Ave, Chula Vista, CA for Sale
$1,925,000 USD
Apartments - FOR SALE
1/83
null | 4.85% Cap Rate

416-420 Church Ave
Chula Vista, CA 91910
Downtown Chula Vista


HIGHLIGHTS

  • Fully Turnkey Asset - Low Maintenance Requirement
  • In Demand Unit Mix - 3BD/2BA House, 2BD/2BA, 2BD/1BA, 1BD/1BA
  • Ample Off Street Parking
  • Investor or Owner Occupant Opportunity

OVERVIEW

416–20 Church Ave is a fully renovated four-unit multifamily property ideally situated in a prime Chula Vista location. The property features a highly desirable unit mix appealing to both investors and potential owner-occupants, including a detached 3-bedroom/2-bath front house and three rear units comprised of a 2-bedroom/1-bath unit, a 1-bedroom/1-bath unit, and a 2-bedroom/2-bath unit. Ownership has completed extensive renovations throughout the property, delivering a fully upgraded asset with modern finishes and improved functionality. The property delivers strong in-place rental income with lower ongoing maintenance requirements, while offering additional upside through continued rent growth and long-term appreciation in a rapidly improving submarket. The property is positioned within one of South Bay’s most active growth corridors, anchored by the Chula Vista Bayfront redevelopment and continued reinvestment throughout Downtown Chula Vista’s Third Avenue District, offering convenient access to a growing mix of restaurants, shops, and entertainment. These drivers are expected to support long-term rent growth and sustained investor demand.

FOR SALE DETAILS

PRICE

$1,925,000 USD

PRICE/SF

$584 USD /SF

# OF UNITS

4

PRICE/UNIT

$481,250

CAP RATE

4.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

416-20 Church Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,818 SF

ZONING

R-3

APN/PARCEL ID

568-420-11

ASK ABOUT THIS PROPERTY

Miles SlaterLandmark Multifamily And DevelopmentMore Info
425-405-8892

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Miles SlaterLandmark Multifamily And DevelopmentMore Info
425-405-8892

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