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5-Unit Workforce Housing in Chula Vista 678 Jefferson Ave 5 Unit Apartment Building $2,442,860 CAD ($488,572 CAD/Unit) Chula Vista, CA 91910
INVESTMENT HIGHLIGHTS
- Unit Mix: (1) 2+1, (4) Studio
- Set in a quiet residential neighborhood just east of the I-5 and north of J Street. Tenants enjoy proximity to the Chula Vista Center, home to restaur
- (8) Total Parking: (1) Garage, (1) Car Port, (6) Surface
EXECUTIVE SUMMARY
678 JEFFERSON AVE, CHULA VISTA, CA 91910
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 678 JEFFERSON AVE, CHULA VISTA, CA 91910 a 5-unit multifamily investment consisting of two buildings totaling approximately 2,464 square feet constructed in 1955 on an 8,285 square foot lot. The unit mix consists of (1) 2+1, (4) Studio and eight parking spaces.
Set in a quiet residential neighborhood just east of the I-5 and north of J Street. Tenants enjoy proximity to the Chula Vista Center, home to restaurants, coffee, retail, and several grocery options including Sprouts, Carnival, and Northgate.
678 JEFFERSON AVE, CHULA VISTA, CA 91910 is included in a portfolio of seven, workforce housing, multifamily real estate investments totaling 39 units, located in South and Central San Diego County: Spring Valley, San Diego, Chula Vista and National City.
Visit the following address for more information on each property.
1313-19 E 9TH STREET, NATIONAL CITY, CA 91950 – 4 units
1121 E 6TH STREET, NATIONAL CITY, CA 91950 – 7 units
4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 - 6 units
9924-34 BUENA VISTA AVE, SPRING VALLEY, CA 91977 - 7 units
1704-12 B AVE, NATIONAL CITY, CA 91950 - 5 units
3753-59 N 42ND ST, SAN DIEGO, CA 92105 – 5 units
678 JEFFERSON AVE, CHULA VISTA, CA 91910 – 5 units
The offering can be sold together or separate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 678 JEFFERSON AVE, CHULA VISTA, CA 91910 a 5-unit multifamily investment consisting of two buildings totaling approximately 2,464 square feet constructed in 1955 on an 8,285 square foot lot. The unit mix consists of (1) 2+1, (4) Studio and eight parking spaces.
Set in a quiet residential neighborhood just east of the I-5 and north of J Street. Tenants enjoy proximity to the Chula Vista Center, home to restaurants, coffee, retail, and several grocery options including Sprouts, Carnival, and Northgate.
678 JEFFERSON AVE, CHULA VISTA, CA 91910 is included in a portfolio of seven, workforce housing, multifamily real estate investments totaling 39 units, located in South and Central San Diego County: Spring Valley, San Diego, Chula Vista and National City.
Visit the following address for more information on each property.
1313-19 E 9TH STREET, NATIONAL CITY, CA 91950 – 4 units
1121 E 6TH STREET, NATIONAL CITY, CA 91950 – 7 units
4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 - 6 units
9924-34 BUENA VISTA AVE, SPRING VALLEY, CA 91977 - 7 units
1704-12 B AVE, NATIONAL CITY, CA 91950 - 5 units
3753-59 N 42ND ST, SAN DIEGO, CA 92105 – 5 units
678 JEFFERSON AVE, CHULA VISTA, CA 91910 – 5 units
The offering can be sold together or separate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$130,323
|
$52.89
|
| Other Income |
$381
|
$0.15
|
| Vacancy Loss |
$3,921
|
$1.59
|
| Effective Gross Income |
$126,783
|
$51.45
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$58,906
|
$23.91
|
| Net Operating Income |
$67,877
|
$27.55
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $130,323 |
| Annual Per SF | $52.89 |
| Other Income (CAD) | |
|---|---|
| Annual | $381 |
| Annual Per SF | $0.15 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $3,921 |
| Annual Per SF | $1.59 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $126,783 |
| Annual Per SF | $51.45 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $58,906 |
| Annual Per SF | $23.91 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,877 |
| Annual Per SF | $27.55 |
PROPERTY FACTS
| Price | $2,442,860 CAD | Building Class | C |
| Price Per Unit | $488,572 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,464 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1955 |
| Apartment Style | Low-Rise | Parking Ratio | 2.03/1,000 SF |
| Zoning | R1, Chula Vista | ||
| Price | $2,442,860 CAD |
| Price Per Unit | $488,572 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,464 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 2.03/1,000 SF |
| Zoning | R1, Chula Vista |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $1,947 CAD | 390 |
| 2+1 | 1 | $3,071 CAD | 900 |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 571-142-15 | Improvements Assessment | $518,475 CAD (2025) |
| Land Assessment | $1,007,325 CAD (2025) | Total Assessment | $1,525,801 CAD (2025) |
PROPERTY TAXES
Parcel Number
571-142-15
Land Assessment
$1,007,325 CAD (2025)
Improvements Assessment
$518,475 CAD (2025)
Total Assessment
$1,525,801 CAD (2025)
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5-Unit Workforce Housing in Chula Vista | 678 Jefferson Ave
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