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    1029 4Th Ave Chula Vista, CA 91911

    For Sale
    $3,995,000

    Fully renovated multifamily property with spacious units in high-demand area.

    Lot size:
    0.35 Acres

    Property Features for 1029 4Th Ave

    General Information

    Lot size
    0.35 Acres

    Source: South Coast Commercial, Inc. Agent Sean Bascom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property in Chula Vista

    Sunrise Villas is a fully renovated multifamily property located in a high-demand area of Chula Vista. Constructed in 1986, the property consists of two buildings situated on a 15,069 square foot corner parcel. The buildings contain eight spacious units, each featuring three bedrooms and two bathrooms, with each unit offering 1,170 square feet of living space. The units have a modern open floor plan, granite countertops, full appliance packages, and in-unit washer/dryer hookups. The bedrooms are oversized, and the primary bathrooms are en suite. Each unit also includes a private patio or balcony. There are 14 parking spaces available for residents. The property is designed with functional layouts and a family-oriented design. Located at 1029 4th Avenue, the property offers excellent visibility and access in a rapidly growing and desirable submarket.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chula Vista
    County
    San Diego
    State
    California
    Longitude
    -117.073715
    Latitude
    32.615134

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated multifamily property with spacious units in high-demand area.
    Where is this apartment building located?
    The property is located at 1029 4Th Ave Chula Vista, CA.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - Fully renovated multifamily property in a high-demand area of Chula Vista.; - Eight spacious three-bedroom, two-bath units (1,170 SF each).; - Modern open floor plan with granite countertops and full appliance packages in each unit.
    (619) 916-9179
    Request Owner's contact information
    1029 4Th Ave Chula Vista, CA 91911
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    Chula Vista, CA 91911
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1029 4Th Ave Chula Vista, CA 91911
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