Skip To Content

109 Jefferson Ave

Chula Vista, CA 91910
  • $1,100,000
  • STATUS: ACTIVE
  • ON SITE: 85 Days
  • ID#: 240018831
Price Reduced
UPDATED: 63 min ago
$1,100,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,500
    SQFT
  • $440
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

This is a fantastic opportunity to purchase a value-add 3-Unit property in the high demand rental market of Chula Vista. The subject property is located on a 6,548sf lot consisting of one detached (1) 2Bedroom / 1Bathroom 1,000sf main house, and two (2) 2Bedroom / 1Bathroom units in the rear. Tenant amenities include ample off-street parking (4 spaces), onsite laundry, and a private yard for the main house. Conveniently located less than 1 mile from I-5 and CA-54, this 3-Unit property is perfect for an owner occupant or a value-add investor looking for a multifamily property with huge upside.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/153526383
Print Image

109 Jefferson Ave Chula Vista, CA 91910

  • Price: $1,100,000
  • Status: ACTIVE
  • On Site: 85 Days
  • Updated: 63 min ago
  • ID#: 240018831
6
Beds
3
Baths
0
½ Baths
N/A
Acres
2,500
SQFT
$440
$/SQFT
1960
Built
Neighborhood:
Northwest Chula Vista
County:
San Diego
Area:
Chula Vista (91910)
Property Description
This is a fantastic opportunity to purchase a value-add 3-Unit property in the high demand rental market of Chula Vista. The subject property is located on a 6,548sf lot consisting of one detached (1) 2Bedroom / 1Bathroom 1,000sf main house, and two (2) 2Bedroom / 1Bathroom units in the rear. Tenant amenities include ample off-street parking (4 spaces), onsite laundry, and a private yard for the main house. Conveniently located less than 1 mile from I-5 and CA-54, this 3-Unit property is perfect for an owner occupant or a value-add investor looking for a multifamily property with huge upside.
Exterior Features

Exterior Stucco Fencing N/K Roof Rolled/Hot Mop Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 1

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

Property Features

Actual Cap Rate 2.01 Age Restrictions N/K Annual Expense Actual 22833 Annual Expense Projected 22833 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community CHULA VISTA Complex Park N/A Cross Streets Broadway & D St Gross Rent Multiplier Actual 23.75 Gross Rent Multiplier Project 11.85 Gross Scheduled Income Actual 46320 Gross Scheduled Income Project 91020 Mandatory Remarks None Known Market Area South Bay Monthly Total Fees 0 Net Operating Income Projected 67202 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.11 Projected Other Income 1800.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms Other/Remarks Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2795.0 Unit1 Rent Actual 1785.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2395.0 Unit2 Rent Actual 1010.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 2395 Unit3 Rent Actual 1065.0

San Diego MLS logo Listing provided courtesy of Angelo La Bruna of Apartment Realty Group (ARG): 858-247-1095. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240018831-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240018831-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240018831-2.jpg
Logo
Red Tree Realty
4138 Napier St.
San Diego CA, 92110