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The offering presents the opportunity to acquire a 41-unit multifamily apartment community originally constructed in 1968, located in the City of Chula Vista, a well-established South Bay submarket of San Diego County. The property is primarily composed of one-bedroom floor plans and benefits from abundant onsite parking, gated access, a swimming pool and community laundry facilities. Approximately 50% of the units have recently been renovated to varying finish levels, including vinyl plank flooring, updated cabinet faces, quartz countertops, modern fixtures and hardware, and dual-pane vinyl windows. The remaining units provide a clear value-add opportunity through continued renovations and corresponding rent increases. The property benefits from excellent accessibility, with direct access to Interstate 5 and proximity to public transit. The E Street Trolley Station is located approximately 0.3 miles (an eight-minute walk) from the property and is frequently serviced by the Blue Line, connecting riders to Downtown San Diego and beyond. The asset also offers future density and development upside. Zoned UC-14 with a 3.0 FAR, the site allows for up to 139,827 square feet of building area. A future owner may have the ability to develop additional units on the existing rear parking lot, subject to approvals, and construct two additional ADUs.
Property Type(s):
Commercial
| Last Updated | 1/16/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 91910 - Chula Vista | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 91910 - Chula Vista |
| HEAT | None |
| LOT | 1.07 acre(s) |
| LOT DIMENSIONS | 46609 |
Location
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Listed with Eric D. Comer, Broker
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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