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569 Park Wy

Chula Vista, CA 91910
  • $2,795,000
  • STATUS: ACTIVE
  • ON SITE: 30 Days
  • ID#: 250000847
UPDATED: 130 min ago
$2,795,000
  • 14
    BEDS
  • 0.35
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Completely remodeled 7-unit apartment community in northwest Chula Vista with strong in-place rents and cap rate. The property is situated on a 15,247sf lot and consists of two (2) 3Bedroom/1Bath, (2) 2Bedroom/1Bath, (1) 2Bedroom/2Bath and two (2) 1Bedroom/1Bath. Property amenities include yards, mini-split air-conditioning, onsite parking and in-unit laundry (select units). 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/159384424
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569 Park Wy Chula Vista, CA 91910

  • Price: $2,795,000
  • Status: ACTIVE
  • On Site: 30 Days
  • Updated: 130 min ago
  • ID#: 250000847
14
Beds
7
Baths
0
½ Baths
0.35
Acres
Neighborhood:
Chula Vista (91910)
County:
San Diego
Area:
Chula Vista (91910)
Property Description
Completely remodeled 7-unit apartment community in northwest Chula Vista with strong in-place rents and cap rate. The property is situated on a 15,247sf lot and consists of two (2) 3Bedroom/1Bath, (2) 2Bedroom/1Bath, (1) 2Bedroom/2Bath and two (2) 1Bedroom/1Bath. Property amenities include yards, mini-split air-conditioning, onsite parking and in-unit laundry (select units). Take advantage of all the positive growth in the area with the new Bayfront Development, $85M Movie Studio, etc..
Exterior Features

Construction Stucco Roof Composition Units With Garages 2

Interior Features

Cooling Wall/Window Floors SlabWood Sq Ft Of Improvement 0 Stories 2 Story Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Unit Furnished5 No Unit Furnished6 No Unit Furnished7 No Units With Dishwashers 7 Units With Disposals 7 Units With Drapes 7 Units With Ranges 7 Units With Refrigerators 7

Property Features

Actual Cap Rate 5.0 Actual Gross Scheduled Income 206760.0 Actual Operating Expense 66556 Assumable Finance 0 Buildings 4 Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Gross Equity 2795000 Gross Multiplier 13.52 Have 7 Remodeled Units Leased Apartments 7 Mandatory Remarks None Known Market Area South Bay Motive Want Sell Other Income Actual 720 Projected Cap Rate 5.86 Projected Gross Multiplier 12.00 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Rent Total1 1595 Unit Rent Total2 1995 Unit Rent Total3 2750 Unit Rent Total4 3250 Unit Rent Total5 2750 Unit Rent Total6 2750 Unit Rent Total7 2850 Unit Rent1 1595 Unit Rent2 1995 Unit Rent3 2750 Unit Rent4 3250 Unit Rent5 2750 Unit Rent6 2750 Unit Rent7 2850 Unit Type Apartment Zoning R3P22

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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