Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Chula Vista Multifamily Investment Opportunity Title is generated by Realmo AI

    462-468 Davidson St, Chula Vista, CA 91910

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,400,000

    Six-unit property in Chula Vista with value-add potential.

    Type:Multifamily
    Property size:
    4,120 SF
    Price / SF:
    $582/SF
    Added:
    Nov 21, 2025
    Days on Market:
    181
    Last Refresh:
    Dec 3 at 4:59 am

    Property Features for 462-468 Davidson St

    General Information

    Standard status
    Active
    Size
    4,120 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1951

    We can help!

    Listing Contact
    Stephanie Didona

    Listing agent Stephanie Didona License #01413353

    Listing office

    Listing date Nov 21, 2025

    Source Svnvanguard

    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 Stephanie Didona

    HighLights

    • 100% Occupancy: Provides immediate rental income and cash flow
    • Potential for 3 Additional ADU Units: Offers significant value‑add opportunity
    • Two Adjacent Triplexes on Separate APNs: Provides flexibility
    • Prime Location in the Heart of Chula Vista: Close to amenities
    • High Walk Score (85+): Convenient access to amenities and public transportation
    • Zoned R3: Suitable for multifamily development

    Overview

    This 4,120 square foot property features six units and presents a prime investment opportunity. Constructed in 1951 and zoned R3, the property is currently 100% occupied and offers potential for added value. The property consists of two adjacent triplexes on separate APNs, along with two 2-car garages and a standalone studio, providing additional versatility. There is potential for ADU conversions to add 3 units. The property is located in the heart of Chula Vista, nearly adjacent to downtown Chula Vista with its many restaurants, breweries, city services, parks, and retail. It is ideally located amongst single family homes and is one block from the Chula Vista Library. The property has a high Walk Score (85+) and is within walking distance to public transportation, with access to the 5, 54, and 805 freeways. This property presents an attractive prospect for investors seeking a rewarding multifamily, low-rise, or garden property opportunity in the thriving San Diego area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    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
    -117.087
    Latitude
    32.641

    Nearby Similar for Sale

    • $750,000
      1,272 SF

      Turnkey Medical Office Condo

      Fully built-out medical office condo for sale in Chula Vista.
      890 EASTLAKE PKWY, Chula Vista, CA 91914
      View Details
    • $1,495
      3,938 SF

      Chula Vista Office Space Available

      Executive office suite in Chula Vista's downtown district.
      237 Church Ave, Chula Vista, CA 91910
      View Details
    • $899,000
      1,250 SF

      Chula Vista Multifamily Investment

      Well-maintained duplex near Gaylord Pacific Resort & Convention Center.
      835 Colorado Ave, Chula Vista, CA 91911
      View Details
    • $3,350,000
      10,151 SF

      Chula Vista Warehouse Opportunity

      Shell condition warehouse near Otay Mesa Port of Entry.
      2434 Fenton Street, Chula Vista, CA 91914
      View Details
    • $800,000
      1,800 SF

      Chula Vista Duplex Opportunity

      Duplex in Chula Vista with upside potential and convenient location.
      162-64 Ski Way, Chula Vista, CA 91911
      View Details
    • $4,250,000
      26,094 SF

      Chula Vista Commercial Redevelopment Opportunity

      Multi-tenant commercial property in Downtown Chula Vista's historic center.
      815 Third Avenue, Chula Vista, CA 91911
      View Details
    • $820,000
      1,540 SF

      Chula Vista Duplex Opportunity

      Duplex in central Chula Vista with value-add potential.
      520 Oxford St, Chula Vista, CA 91911
      View Details
    • $1,100,000
      1,271 SF

      Updated Triplex in Prime Location

      Well-maintained triplex with strong cash flow potential in Chula Vista.
      411 G Street, Chula Vista, CA 91910
      View Details
    • $5,400

      Chula Vista Commercial Space

      Versatile industrial property with office and showroom space available.
      3521 Main Street Unit 504, Chula Vista, CA 91911
      View Details
    • $750,000

      Turnkey Medical Office Condo

      Medical office condo for sale, operating as pediatrics and family practice.
      890 EASTLAKE PKWY 203, Chula Vista, CA 91914
      View Details
    • $1,385,000
      3,391 SF

      Chula Vista Multi-Unit Property

      Multi-unit property ideal for rental income or multi-generational living.
      1116 Second Avenue, Chula Vista, CA 91911
      View Details
    • $1,080,000
      1,512 SF

      Chula Vista Office Building

      Office building in prime location suitable for various business uses.
      350 E St, Chula Vista, CA 91910
      View Details

    FAQs

    What type of property is this?
    Triplex - Six-unit property in Chula Vista with value-add potential.
    Where is this triplex located?
    The property is located at 462-468 Davidson St Chula Vista, CA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 100% Occupancy: Provides immediate rental income and cash flow; Potential for 3 Additional ADU Units: Offers significant value‑add opportunity; Two Adjacent Triplexes on Separate APNs: Provides flexibility
    (619) 742-9269
    We can help!
    Listing Contact
    Stephanie Didona
    Real Estate License ID: 01413353
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    462-468 Davidson St, Chula Vista, CA 91910
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!