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315 Ash Ave

Chula Vista, CA 91910
  • $1,395,000
  • STATUS: ACTIVE
  • ON SITE: 30 Days
  • ID#: 250000875
UPDATED: 187 min ago
$1,395,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,010
    SQFT
  • $694
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Fully remodeled 3-Unit property in north-west Chula Vista. Situated on a 6,257sf corner lot this property consists of all single-level units: (2) 2Bedroom/1Bathroom and (1) 1Bedroom/1Bathroom. All units have been completely remodeled and feature in-unit laundry and yards. This property is perfect for an owner occupant (VA, FHA eligible) or an investor looking for a turnkey multifamily property. The property is furnished and is currently operated as a 'mid-term' rental to traveling nurses and military personnel, the Seller can deliver the property at closing as either: vacant, partially occupied with either mid-term or long-term tenants (contact agent to discuss). Currently a 5.16% Cap Rate / 13.81 GRM * Take advantage of all the positive growth in the area with the new Bayfront Development, $85M Movie Studio, etc..

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/159384418
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315 Ash Ave Chula Vista, CA 91910

  • Price: $1,395,000
  • Status: ACTIVE
  • On Site: 30 Days
  • Updated: 187 min ago
  • ID#: 250000875
5
Beds
3
Baths
0
½ Baths
0.14
Acres
2,010
SQFT
$694
$/SQFT
1953
Built
Neighborhood:
Northwest Chula Vista
County:
San Diego
Area:
Chula Vista (91910)
Property Description
Fully remodeled 3-Unit property in north-west Chula Vista. Situated on a 6,257sf corner lot this property consists of all single-level units: (2) 2Bedroom/1Bathroom and (1) 1Bedroom/1Bathroom. All units have been completely remodeled and feature in-unit laundry and yards. This property is perfect for an owner occupant (VA, FHA eligible) or an investor looking for a turnkey multifamily property. The property is furnished and is currently operated as a 'mid-term' rental to traveling nurses and military personnel, the Seller can deliver the property at closing as either: vacant, partially occupied with either mid-term or long-term tenants (contact agent to discuss). Currently a 5.16% Cap Rate / 13.81 GRM * Take advantage of all the positive growth in the area with the new Bayfront Development, $85M Movie Studio, etc..
Exterior Features

Exterior Wood/Stucco Fencing Other/Remarks Frontage Other/Remarks Irrigation Other/Remarks Parking For RV On-Site ParkingOther/Remarks Parking Garage Desc Unit1 AssignedN/K Parking Garage Desc Unit2 AssignedN/K Parking Garage Desc Unit3 N/K Roof Composition Site Corner Lot Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 3 Units With Patios 3 View N/K

Interior Features

Cooling Other/Remarks Furnished Units 3 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Other/Remarks Heat Source Other/Remarks Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 3 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type Gas

Property Features

Actual Cap Rate 5.13 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 27244 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community CHULA VISTA Complex Features N/K Complex Park Memorial Park Cross Streets Ash Avenue Gross Rent Multiplier Actual 13.7 Gross Scheduled Income Actual 101808 Gross Scheduled Income Project 110280 Home Owners Assoc Fee Includes Other/Remarks Mandatory Remarks None Known Market Area South Bay Monthly Total Fees 0 Net Operating Income Projected 79728 Other Fee Type Other/Remarks Other Fees 0.0 Other Income Actual 480 Projected Cap Rate 5.72 Projected Other Income 480.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Available Short Sale No Telecommunications Other/Remarks Tenant Pays N/K Terms Cal VetCashConventionalFHAVAOther/Remarks Unit Number For Unit1 1 Unit Number For Unit2 1 Unit Number For Unit3 1 Unit1 Deposit 1500 Unit1 Occupied Tenant Unit1 Projected Rent 3250.0 Unit1 Rent Actual 3099.0 Unit2 Deposit 1500 Unit2 Occupied Tenant Unit2 Projected Rent 3250.0 Unit2 Rent Actual 2850.0 Unit3 Deposit 1500 Unit3 Occupied Tenant Unit3 Projected Rent 2650 Unit3 Rent Actual 2495.0 Water Meter on Property Water District SWEETWATER AUTHORITY Zoning R-2

San Diego MLS logo Listing provided courtesy of James Carter of Apartment Realty Group (ARG): 619-784-1031. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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