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Property profile & analytics
FOR SALE
Apartment buildings

376-378 Park Way Chula Vista, CA 91910

3,099 SF
Property ID
US09-Q033649
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Total area 3,099 SF
UPID US09-Q033649
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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