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32228559
32228562

416-20 Church Avenue, Chula Vista, CA 91910

MS
CA 02151498
Landmark Multifamily and Development
DA
CA 02139234
Listed by Landmark Multifamily and Development
$1,895,000
36 days on market
Updated 33 days ago

416-20 Church Avenue

Details
APN 5684201100
Property Type Multifamily
Square Footage 3,299
Units 4
Cap Rate 4.95%
NOI $93,826
Price per SqFt $574
Year Built 1975
Year Renovated 2026
Buildings 2
Lot Size (SqFt) 5,972

About This Property

Marketing description

416–20 Church Ave is a fully renovated four unit multifamily property ideally situated in a prime Chula Vista location. The property features a highly desirable unit mix appealing to both investors and potential owner occupants, including a detached 3-bedroom/2-bath front house and three rear units comprised of a 2-bedroom/1-bath unit, a 1-bedroom/1-bath unit, and a 2-bedroom/2-bath unit.

Ownership has completed extensive renovations throughout the property, delivering a fully upgraded asset with modern finishes and improved functionality. The property delivers strong in place rental income with lower ongoing maintenance requirements, while offering additional upside through continued rent growth and long term appreciation in a rapidly improving submarket.

The property is positioned within one of South Bay’s most active growth corridors, anchored by the Chula Vista Bayfront redevelopment and continued reinvestment throughout Downtown Chula Vista’s Third Avenue District, offering convenient access to a growing mix of restaurants, shops, and entertainment. These drivers are expected to support long term rent growth and sustained investor demand.

Investment highlights

  • Fully Turnkey Asset - Low Maintenance Requirement
  • In Demand Unit Mix - 3BD/2BA House, 2BD/2BA, 2BD/1BA, 1BD/1BA
  • Ample Off Street Parking
  • Investor or Owner Occupant Opportunity

Listing Contacts

MS
CA 02151498
Landmark Multifamily and Development
DA
CA 02139234
Listed by Landmark Multifamily and Development

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$93,826.00
$7,818.83/mo

Valuation Metrics

0
DSCR
4.95%
Cap Rate
4.95%
ROI

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Additional Information

Name
Miles Slater
License
02151498
Brokerage Phone
8582109465
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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