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382 K St

SOLD

382 K St, Chula Vista

San Diego

$895,000

Property Description

Pleased to present for sale 382 K St - a beautifully remodeled duplex with room to build additional units in the heart of Chula Vista. This property is a great opportunity for an owner-user or investor. The Unit mix consists of a 2br/1ba unit and a 1br/1ba unit currently rented for $2600 and $1,895 consecutively. The large back portion of the lot lends itself to development upside by building more units, or you can landscape a beautiful yard and additional parking area for tenants to enjoy. The property is just a short walk to the shops, restaurants and bars on 3rd Ave. The Chula Vista bayfront development is underway with the Gaylord Resort and Convention Center on track to open in July 2025.

Contact Agent

Alexio Barbara

760-419-1343

Investment Summary

Property Location

SOLD

$895,000

Property Type

Duplex

Price/Unit

$448K

Units

Unit Mix

2

(1) 2bd / 1ba, (1) 1bd/1ba

Price/Sq Ft

$690

NOI

$37,793

CAP

GRM

Sq Ft

Current

4.22

16.2

Imp

1,296

Year Built

1954

382 K St, Chula Vista

Proforma

4.52

15.5

Land

6,551

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COMPLIMENTARY INVESTMENT CONSULTATION

Call us. We are here to help.

Alexio (760) 419-1343  |  Adrian (858) 735-9977

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The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction.

South Coast Commercial, INC DRE# 01846358 | Gonzalez and Barbara Group DRE# 01992393

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