548 4th Ave, Chula Vista, CA 91910

We are pleased to present JD Apartments, (548-550 4th Ave) a pride of ownership 10 unit community in North Chula Vista, next to Shopping Mall achored by movie theater and major retailers). This property has been under one ownership for several decades and always cared for with timely repairs and upgrades as necessary. The property is comprised of 5-large 1Bed/1Bath units at 740 sq. ft. each, 1-2Bed unit and 4-average sized 1Bed/1Bath units in the southerly building which was constructed before the 2 story building to the North (in 1979). Tenants benefit from on-site laundry, a common area grass yard and ample on-site parking. There is also a storage unit on-site for landlord / manager convenience. Rents are significantly below market which provides for an ideal value add opportunity. Roughly 5 of the 10 units have been remodeled to some extend over the years and 5 of 10 should show roughly older / original and in need of updates.