441 Tremont St - Apartments FOR SALE


Chula Vista, CA 91911- Otay Town
$2,000,000 USD
202-280-2722
441 Tremont St, Chula Vista, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/13
null | 6.41% Cap Rate

441 Tremont St
Chula Vista, CA 91911
Otay Town


HIGHLIGHTS

  • Prime Location
  • Strong Rental Demand
  • Value-Add Opportunity

OVERVIEW

Situated in San Diego’s Otay Town submarket, 441 Tremont offers excellent connectivity to major employment hubs, retail centers, and transit corridors. The property benefits from proximity to Downtown San Diego, the Naval Base, and regional freeways (I-5, I-805, and SR-905), providing residents with quick access to work and lifestyle destinations The surrounding neighborhood continues to experience robust renter demand fueled by limited new multifamily supply, steady job growth, and an expanding local workforce. The area attracts long-term tenants seeking affordable alternatives to central San Diego while maintaining access to key amenities and transit The property presents an opportunity to enhance rental income through targeted unit upgrades, improved curb appeal, and operational efficiencies. Modest renovations—such as updated interiors, refreshed common areas, and strategic repositioning—can position the asset competitively against newer nearby product and capture rent premiums

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$323 USD /SF

# OF UNITS

7

PRICE/UNIT

$285,714

CAP RATE

6.41%

% 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

1978

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R2P

APN/PARCEL ID

623-112-02

ASK ABOUT THIS PROPERTY

Yassi GhashghaiGreysteelMore Info
202-280-2722

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Yassi GhashghaiGreysteelMore Info
202-280-2722

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