520 Glover Ave - Apartments FOR SALE


Chula Vista, CA 91910- Downtown Chula Vista
$1,699,000 USD
619-800-1313
520 Glover Ave, Chula Vista, CA for Sale
$1,699,000 USD
Apartments - FOR SALE
1/38
null | 6.09% Cap Rate

520 Glover Ave
Chula Vista, CA 91910
Downtown Chula Vista


HIGHLIGHTS

  • Meticulously maintained 4-plex with new roof installed in 2025.
  • Owner expenses limited to property taxes, insurance, maintenance, and landscaping.
  • Located near Downtown Chula Vista in a highly sought-after neighborhood.

OVERVIEW

Unlock a Premier Investment! Seize this meticulously maintained 4-plex, boasting a new roof (installed 2025), and poised to deliver substantial returns of $120,000 annual gross income potential. Enjoy streamlined management thanks to individual water sub-meters allowing tenants to pay their own water/sewer, plus tenants directly paying their own trash, minimizing your responsibilities to property taxes, insurance, maintenance and landscaping. Benefit from a dedicated on-site storage closet for efficient operations. The property features three spacious, updated 2-bedroom, 1-bathroom units and a versatile studio, ensuring strong tenant appeal. Each unit has been thoughtfully refreshed over the last decade, with the latest renovation on Unit B completed last year. Modern convenience is key, with each unit boasting private patios equipped with washer and dryer hookups. The detached home offers flexible parking options including potential boat or RV parking or space for up to 5 cars plus a 1-car garage, while each of the other three units features 2 parking spots each. Strategically located in a highly sought-after neighborhood, this income-generating asset offers unparalleled access to the vibrant pulse of Downtown Chula Vista and is ideally situated near the transformative $10 billion Bayfront development – promising significant future growth and desirability. Don't miss this exceptional opportunity to acquire a robust, income-producing property in a prime location, perfectly positioned for both stable returns and long-term appreciation.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$734 USD /SF

# OF UNITS

4

PRICE/UNIT

$424,750

CAP RATE

6.09%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,706 SF

ZONING

R3

APN/PARCEL ID

573-010-12

ASK ABOUT THIS PROPERTY

David MejiaDavid T. Mejia, BrokerMore Info
619-800-1313

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David MejiaDavid T. Mejia, BrokerMore Info
619-800-1313

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