261 H St - Apartments FOR SALE


Chula Vista, CA 91910
$1,100,000 USD
619-358-3748
261 H St, Chula Vista, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/22
null | 2.43% Cap Rate

261 H St
Chula Vista, CA 91910


HIGHLIGHTS

  • Three Value-Add Detached Homes
  • Large 12,615 square feet lot with potential development
  • Substantial Rental Upside
  • Less than a block away from Downtown Chula Vista
  • Less than a block away from Downtown Chula Vista
  • Historical Low Vacancy Rate

OVERVIEW

261-63 H Street is a rare investment opportunity featuring three value-add detached homes, each offering 2 bedrooms and 1 bathroom with approximately 765 square feet of living space per unit. Situated on a large 12,615-square-foot lot, this property offers development potential alongside substantial rental upside. Additional features include two single-car garages and laundry hookups for each unit. Located less than a block from Downtown Chula Vista and just 1.6 miles from the Chula Vista Bayfront Development, this property is ideally positioned in a high-demand area. Chula Vista: A Thriving Coastal Community Chula Vista, located in the heart of San Diego County, is a vibrant and rapidly growing city renowned for its exceptional quality of life. As one of the largest cities in the region, it offers a unique blend of coastal charm, urban convenience, and suburban tranquility. Its name, meaning "beautiful view," reflects the stunning landscapes, from picturesque mountain backdrops to breathtaking views of the San Diego Bay. Residents and visitors alike enjoy a thriving downtown area filled with local shops, dining, and entertainment options. Just minutes away, the Chula Vista Bayfront Development is transforming the waterfront into a world-class destination with hotels, parks, and recreational areas. The city boasts excellent schools, diverse cultural attractions, and year-round sunshine, making it a desirable place to live, work, and invest. With easy access to major highways, public transportation, and the Mexican border, Chula Vista is not only a gateway to international travel but also an integral part of the thriving Southern California economy. Its low vacancy rates and strong demand for housing make it an ideal location for real estate investments.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$479 USD /SF

# OF UNITS

3

PRICE/UNIT

$366,667

CAP RATE

2.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,615 SF

ZONING

-

APN/PARCEL ID

568-512-34-00

ASK ABOUT THIS PROPERTY

Seth WatjeStarker West, IncMore Info
619-358-3748

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Seth WatjeStarker West, IncMore Info
619-358-3748

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