MD Real Estate, Inc
Listed by MD Real Estate, Inc
$1,100,000
N/A
Details
APN 568-072-19-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,670
Units 3
Cap Rate 3.69%
Year Built 1944
Buildings 3
Stories 1
Acreage 0.140
Zoning R-3
Multifamily | 3.69% CAP | 3 Units
Marketing description
Owner didn't get their price, so property isn't for sale now. This 3-unit property, situated at 210-212 Del Mar Ave., is located in an excellent north Chula Vista neighborhood. There is approximately 21% upside potential in rental income for this investment. The unit mix includes a charming 2-bedroom/1-bathroom detached house, a duplex with two 1-bedroom/1-bathroom units, and a detached single-car garage located in the alley. In addition, residents share three on-site parking spaces. 1944 year built, 1,688 sq. ft., with a 6,266 sq. ft. lot per title. The real estate is in proximity to major freeways, downtown San Diego, San Diego Bay, and the Bayfront redevelopment. For savvy investors, there's a possibility to build a 4th unit (ADU) at the back of the parcel. This would further increase income-generating possibilities and add exceptional value in the long term. An opportunity exists here to own a rental property in one of the best rental communities San Diego has to offer.
Listing Contacts
MD Real Estate, Inc
Listed by MD Real Estate, Inc
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Zoning
R3P22 ResidentialMulti FamilyApartment Residential Precise Plan Modifying District
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View all 43 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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