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    91-99 Broadway

    Chula Vista, CA 91910
    • $2,975,000
    • STATUS: ACTIVE
    • ON SITE: 69 days
    • ID#: 200051870
    UPDATED: 32 min ago
    $2,975,000
    • 2
      BEDS
    • 0.24
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rare opportunity in this market!!! Fully and majorly remodeled w/permit 15 units + laundry room MOTEL/APT Three buildings, rented monthly and all tenants have been there for a while. 1st building is a single story with 4 kitchenette units and laundry room, 2nd building is a single story with 1 unit kitchenette, 1 unit 1 bedroom and 1 large end unit with 1 bedroom and big living room, 3rd building is 2 stories with 8 kitchenette units, 4 units located on the first floor and 4 units on the second. Property runs just like a regular 15 unit investment property and doesn't need a cleaning staff or receptionist! One of the tenants is a site manger and because of the good condition on the exterior and interior all tenants reside there for quite some times. Near highway 54, 5 and 805, walking distance to shopping center, restaurants and bus stations. Good solid income with zero hassle from tenants.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.carriefilla.com/homes/111949552
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    91-99 Broadway Chula Vista, CA 91910

    • Price: $2,975,000
    • Status: ACTIVE
    • Updated: 32 min ago
    • ID#: 200051870
    2
    Beds
    4
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Chula Vista (91910)
    County:
    San Diego
    Area:
    Chula Vista (91910)
    Property Description
    Rare opportunity in this market!!! Fully and majorly remodeled w/permit 15 units + laundry room MOTEL/APT Three buildings, rented monthly and all tenants have been there for a while. 1st building is a single story with 4 kitchenette units and laundry room, 2nd building is a single story with 1 unit kitchenette, 1 unit 1 bedroom and 1 large end unit with 1 bedroom and big living room, 3rd building is 2 stories with 8 kitchenette units, 4 units located on the first floor and 4 units on the second. Property runs just like a regular 15 unit investment property and doesn't need a cleaning staff or receptionist! One of the tenants is a site manger and because of the good condition on the exterior and interior all tenants reside there for quite some times. Near highway 54, 5 and 805, walking distance to shopping center, restaurants and bus stations. Good solid income with zero hassle from tenants.
    Exterior Features

    Construction Stucco Exterior None Lot Dimensions Approx 103X103 Parking Spaces Roof Composition

    Interior Features

    Cooling Wall/Window Floor Coverings TileVinyl Floors SlabWood Heating Wall Sq Ft Of Improvement 0 Stories 1 Story2 Story Units With Ranges 15 Units With Refrigerators 15

    Property Features

    Actual Cap Rate 6.0 Actual Gross Scheduled Income 216000.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 3 Complex Features None Existing Financing ConventionalPrivateOther/Remarks Financial Information Source Other/Remarks Gross Equity 0 Gross Multiplier 0 Have 0 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 18000 Motive Want 0 Present Loan 0 Short Sale No Special None Sq Ft Source Plans Terms Cash Unit Number1 1 Unit Number2 12 Unit Number3 1 Unit Number4 1 Unit Rent Total1 1300 Unit Rent Total2 13800 Unit Rent Total3 1400 Unit Rent Total4 1500 Unit Rent1 1300 Unit Rent2 1150 Unit Rent3 1400 Unit Rent4 1500 Unit Type Apartment Zoning Commercial

    Listing provided courtesy of Bluxen. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Carrie Filla & Associates | Pacific Sotheby's International Realty
    5825 Avenida Encinas Ste 101
    Carlsbad CA, 92008