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Tuscany Town Homes 242 Kennedy St 21 Unit Apartment Building For Sale Chula Vista, CA 91911

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INVESTMENT HIGHLIGHTS

  • 21 Large Townhome Units with Attached Garages
  • 2005 Construction
  • Excellent Location Near Major Amenities & Schools
  • Existing Condo Map - Prime Condo Sale-Out Opportunity
  • Unit Mix with Large Two & Three Bedrooms
  • Strong In-Place Income w/ Upside

EXECUTIVE SUMMARY

CBRE is pleased to present for sale the Tuscany Townhomes (“The Property”), a 21-unit residential asset situated in South San Diego County’s highly competitive Chula Vista submarket. Built in 2005, The Property consists of large two- and three-bedroom townhomes ranging in size from 1,100 SF to 1,482 SF all with individual Assessor’s Parcel Numbers. Currently operated as rentals but with an active condo map, the property provides a new investor with a prime condo sale opportunity.
The Tuscany Townhomes were originally built as condominiums with a Spanish architectural flavor, and all maintain the high-quality construction and amenities of a condo building such as attached one and two car garages, in-unit laundry, individual utility meters, large family style floor plans, private yards and patios, communal BBQ area and gated secure access. The Property consists of seven (7) two-bedroom two-and-a-half bathroom units with attached single car garages, seven (7) three-bedroom two bathroom units with attached single car garages, and seven (7) three-bedroom two-and-a-half bathroom units with attached two car garages.
The Tuscany Townhomes provides a rare opportunity for a condo sale-out in a market where quality for-sale townhomes are in short supply.

PROPERTY FACTS

Sale Type Investment
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 1.06 AC
Building Size 26,649 SF
No. Stories 2
Year Built 2005
Parking Ratio 0.79/1,000 SF
Zoning R-4 - Multi-Family

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 7 - 1,225
3+2 7 - 1,100
3+2.5 7 - 1,482
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36764336

  • Date on Market: 2025-07-16

  • Last Updated:

  • Address: 242 Kennedy St, Chula Vista, CA 91911

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