91 Broadway, Chula Vista, CA 91910

About this commercial property

Rare opportunity in this market!!! Fully and majorly remodeled w/permit 15 units + laundry room MOTEL Three buildings, rented monthly and all tenants have been there for a while. 1st building is a single story with 4 kitchenette units and laundry room, 2nd building is a single story with 1 unit kitchenette, 1 unit 1 bedroom and 1 large end unit with 1 bedroom and big living room, 3rd building is 2 stories with 8 kitchenette units, 4 units located on the first floor and 4 units on the second. Property runs just like a regular 15 unit investment property and doesn't need a cleaning staff or receptionist! One of the tenants is a site manger and because of the good condition on the exterior and interior all tenants reside there for quite some times. Near highway 54, 5 and 805, walking distance to shopping center, restaurants and bus stations. Good solid income with zero hassle from tenants.

Listing description from the November 2021 sale, as reported to CRMLS.

Sale history

$3,000,000

Sold November 2021 · listed $3,250,000, on market September 2021 · MLS #210025508 · Source: CRMLS

Listing Agent: Farid Khayamian · Listing Office: Bluxen, Inc · Contact: 858-535-0000 · Bought with: Ron Chaquica · California Fine Properties

$1,000,000

Sold February 2015 · listed $1,200,000, on market February 2014 · MLS #140010879 · Source: CRMLS

Listing Agent: John Van Tassel · Listing Office: Americapital · Contact: 619-346-4757 · Bought with: Farid Khayamian · Bluxen

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