274 Madrona Street, Chula Vista, CA 91910

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$3,200,000

Est. payment - /mo

0.28 Acres Lot

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UPDATED:

04/30/2024 04:19 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 240005516

Lot Size 0.275 Acres

Acres 0.28

Property Description

Eight extensively renovated apartment units in the heart of Chula Vista, California. Units and building have undergone extensive renovations in 2023. Upgrades include new appliances, individual HVAC, electrical panels, lighting fixtures, electrical receptacles, flooring, windows, interior/exterior paint, kitchens, and bathrooms. Units are comprised of Four 2 bed 1 bath and Four 1 bed 1 bath units situated on a 12,000 square foot lot with two on-site parking spaces per unit. Tenants enjoy close proximity to the highly desirable 3rd Avenue retail corridor which offers countless retail and dining options for both locals and tourists. Lot size and zoning offers the investor the prospect of building more units.

Location

State CA

County San Diego

Area Chula Vista (91910)

Zoning V-1

Interior

Heating Central Forced Air Elec

Cooling Central Forced Air Elec

Flooring Vinyl

Laundry Leased

Exterior

Exterior Feature All Auto Sprinklers, Cable Available, Part Fenced, Wood Fence

Parking Features Spaces

Roof Type Composition

Total Parking Spaces 16

Building

Story 2

Lot Size Range .25 through .50 Acres

Others

Acceptable Financing Cash, Cash to New Loan, Exchange Down, Exchange Up

Space Rent $243,120

Listing Terms Cash, Cash to New Loan, Exchange Down, Exchange Up

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Listed by Aziz Zakkout • Marcus & Millichap

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