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$ 2,790,000
Est. payment /mo
Price Dropped by $200K
315-325 Ash Avenue Chula Vista, CA 91910
0.29 Acres Lot
UPDATED:
11/08/2024 04:31 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240024530
Lot Size 0.286 Acres
Property Description
Unique opportunity to purchase 6-units with residential financing. The property consists of two (2) adjacent 3-unit properties (APN#'s: 567-101-34-00 & 567-101-25-00). Completely remodeled top-to-bottom this property consists of all single-level units: (4) 2Bedroom/1Bathroom and (2) 1Bedroom/1Bathroom. All units have been completely remodeled and feature in-unit laundry and yards. This property is perfect for an owner occupant (VA, FHA eligible) or an investor looking for a turnkey multifamily property with maximum leverage. The property is furnished and is currently operated as a 'mid-term' rental to traveling nurses and military personnel, the Seller can deliver the property at closing as either: vacant, partially occupied with either mid-term or long-term tenants (contact agent to discuss). Currently a 4.83% Cap Rate / 13.95 GRM
Location
State CA
County San Diego
Area Chula Vista (91910)
Zoning R2
Interior
Flooring Vinyl
Building
Story 1
Lot Size Range .25 through .50 Acres
Others
Space Rent $199,968
Listed by James V Carter • Apartment Realty Group (ARG)