23
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$2,300,000
Est. payment /mo
11 Beds
6 Baths
4,438 SqFt
Open Sun 1PM-5PM
390-392 Del Mar Ave Chula Vista, CA 91910
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In-PersonVirtual Tour
Open House
Sun Apr 26, 1:00pm - 5:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 4,438 sqft
Price per Sqft $518
MLS Listing ID 260009969
Bedrooms 11
Full Baths 18
Property Sub-Type Com-Res Income
Property Description
Exceptional 5-unit investment opportunity located in one of Chula Vista's rapidly expanding submarkets. This well-positioned property features a front single-family residence at 390 Del Mar Ave offering 3 bedrooms and 2 bathrooms, complete with its own private entrance and dedicated parking. The rear of the property consists of four 2-bedroom, 1-bath units, all serviced by a separate gated parking area, creating a functional and attractive layout for tenants. One unit is currently vacant, providing immediate flexibility for an owner-occupant or the opportunity to achieve market rents from day one. Ideally situated just minutes from Downtown Chula Vista, this asset benefits from proximity to ongoing redevelopment, new construction, and a growing demand for quality rental housing, making it an attractive option for both seasoned investors and those seeking long-term appreciation. The property offers strong in-place income with additional value-add potential in a high-demand rental market. Its strategic location approximately three minutes from the Downtown Chula Vista redevelopment corridor provides convenient access to major freeways, retail, dining, and transit. With a flexible layout that appeals to a broad tenant base, this asset is well-suited for a long-term hold or repositioning strategy. Investors have the opportunity to increase rents over time and enhance overall returns while benefiting from continued appreciation in a high-growth area.
Location
State CA
County San Diego
Community Other/Remarks
Area South Bay
Interior
Heating Central Forced Air Gas
Flooring Slab
Fireplace No
Laundry Owned
Exterior
Parking Features Other/Remarks, Spaces
View Y/N No
Roof Type Composition
Building
Dwelling Type Other/Remarks
Story 2
Others
Senior Community No
Tax ID 56835012
Acceptable Financing Cash, FHA, Other/Remarks
Listing Terms Cash, FHA, Other/Remarks
Special Listing Condition Call Agent
Virtual Tour https://pixies.et/cXQNBg3z
Listed by Maria E Amezcua, DRE#02132818 Premier Agency Real Estate Inc.
NEARBY SCHOOL & BUSINESS
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