

Listed by Lee & Associates San Diego - Carlsbad
$1,400,000
678 Jefferson Avenue
Details
APN 5711421500
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 3.51%
Buildings 2
Acreage 0.190
Zoning Assessor
Multifamily | 3.51% CAP | 5 Units
Marketing description
We're pleased to present Jefferson Apartments, a 5-unit multifamily investment opportunity located at 678 Jefferson Avenue in Chula Vista, California. Situated on an approximately 8,285 square foot lot, the property consists of five units totaling approximately 2,464 square feet and features a unique unit mix of (1) two-bedroom/one-bath detached house and (4) studio units. Constructed in 1955, the property offers investors stable cash flow, strong rental demand, and significant upside through continued rental growth and strategic property enhancements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while improving operational efficiency. Additional amenities include eight on-site parking spaces consisting of one garage, one carport, and six surface spaces, with tenants responsible for dumpster service. The detached two-bedroom home offers privacy and strong tenant appeal, while the studio units provide an efficient and highly sought-after rental product in the South Bay market. Recent ownership improvements include a roof repair completed in April 2025, contributing to the property's long-term stability. Located in the heart of Chula Vista, Jefferson Apartments offers residents convenient access to major employment centers, retail destinations, restaurants, schools, and public transportation. The property is strategically positioned near Interstate 5, Interstate 805, Downtown Chula Vista, the Chula Vista Bayfront redevelopment, and the new Gaylord Pacific Resort & Convention Center, providing tenants with exceptiona
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Listed by Lee & Associates San Diego - Carlsbad
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Zoning
R1 ResidentialSingle FamilySingle Family Residence
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View all 38 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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