Commercial Property — 376 Park Way, Chula Vista, CA
$1,549,000
376 Park Way, Chula Vista, CA
About this property
There are 4-1 bed/1 bath and 1-2 bed/1 bath units. The two bed unit is currently vacant and is being offered at $2,395. Substantially improved since 2013. Over $100,000 of capital improvements: re-roofed in 2014, which involved removing previous shingles, installing low profile attic vents, insulating the attic, installing dual pane windows, upgrading the west upstairs walkways, replacing stair railings with stronger supports and, installing three metal garage doors and adding steel frame outside doors, installation of upgraded electrical boxes and GFCIs, replaced gas lines, upgrading kitchens and bathrooms. Typically, new appliances, cabinetry, counter tops, fixtures, flooring, heaters, sinks, toilets, and vanities were added during remodels. Owned laundry adds convenience plus extra revenue for owner. Three garages are an ADU opportunity that could add additional rental income. Garages are currently included in the unit rent. Memorial Park is directly across the street offering a swimming pool, an amphitheater, municipal gymnasium, open green space and more.
Property details
Location
376 Park Way • Chula Vista, CA 91910
Listed by
Terry Moore · ACI Apartments