376-378 Park Way Chula Vista, CA 91910
For Sale
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There are 4-1 bed/1 bath and 1-2 bed/1 bath units. The two bed unit is currently vacant and is being offered at $2,395. Substantially improved since 2013. Over $100,000 of capital improvements: re-roofed in 2014, which involved removing previous shingles, installing low profile attic vents, insulating the attic, installing dual pane windows, upgrading the west upstairs walkways, replacing stair railings with stronger supports and, installing three metal garage doors and adding steel frame outside doors, installation of upgraded electrical boxes and GFCIs, replaced gas lines, upgrading kitchens and bathrooms. Typically, new appliances, cabinetry, counter tops, fixtures, flooring, heaters, sinks, toilets, and vanities were added during remodels. Owned laundry adds convenience plus extra revenue for owner. Three garages are an ADU opportunity that could add additional rental income. Garages are currently included in the unit rent. Memorial Park is directly across the street offering a swimming pool, an amphitheater, municipal gymnasium, open green space and more.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.