Six-Unit Residential Income
370-372 G St Chula Vista, CA 91910
370-372 G St, Chula Vista, CA, 91910
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For Sale
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Two-building six-unit complex includes communal fenced yard, community laundry, and a six-space dedicated parking lot.
Property Size5,297 SF
Lot Size0.26 Acres
Price / SF$433.26
Days on Market22
Property Features for 370-372 G St
General Information
- Standard status
- Active
- Size
- 5,297 SF
- Lot size
- 0.26 Acres
- Property subtype
- Multifamily
Listing agency
Big Block Realty, Inc.
(619) 889-7646
Listed by
Glen Henderson · License #01384181
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 10:56PM Checked: Jul 21 at 10:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Big Block Realty, Inc.
Investment Insights
Based on property information with market context.
This six-unit residential income property is set up as two separate buildings on a single lot. The front Victorian-style residence features a downstairs 3-bedroom, 2-bath unit and an upstairs 2-bedroom, 1-bath unit. At the rear, a four-unit building contains two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units.
The property includes shared amenities for residents, including a large communal fenced yard and community laundry. A dedicated parking lot provides six spaces.
Located just a half block from Historic Third Avenue Village, the asset is positioned near Downtown Chula Vista restaurants, cafés, breweries, shops, and local businesses, with ongoing Bayfront redevelopment in the area.
The property includes shared amenities for residents, including a large communal fenced yard and community laundry. A dedicated parking lot provides six spaces.
Located just a half block from Historic Third Avenue Village, the asset is positioned near Downtown Chula Vista restaurants, cafés, breweries, shops, and local businesses, with ongoing Bayfront redevelopment in the area.
Key Highlights
- Two‑building six‑unit residential complex on a 0.26‑acre lot in Chula Vista
- Front Victorian‑style building: 1 three‑bedroom, 2‑bath downstairs unit and 1 two‑bedroom, 1‑bath upstairs unit
- Rear four‑unit building: two 2‑bedroom, 1‑bath units plus two 1‑bedroom, 1‑bath units
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.8k | $30.36 |
| − Vacancy | −$6.8k | −$1.28 |
| EGI | $154.1k | $29.08 |
| − OpEx | −$69.3k | −$13.09 |
| NOI | $84.7k | $16.00 |
5,297 SF · lease $30.36/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,734 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,258 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two-building six-unit complex includes communal fenced yard, community laundry, and a six-space dedicated parking lot.
Where is this apartment building located?
The property is located at 370-372 G St Chula Vista, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Two‑building six‑unit residential complex on a 0.26‑acre lot in Chula Vista; Front Victorian‑style building: 1 three‑bedroom, 2‑bath downstairs unit and 1 two‑bedroom, 1‑bath upstairs unit; Rear four‑unit building: two 2‑bedroom, 1‑bath units plus two 1‑bedroom, 1‑bath units
