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317 Tremont St
Chula Vista, CA 91911 Otay Town

$2,200,000 USD

Apartments For Sale  •  5,490 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,490 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.91 %
  • Zoning R3
45 Transit Score
76 Walk Score

Highlights

Fully Renovated Units – All six 2-Bed/1-Bath apartments have been upgraded with fresh paint, quartz countertops, stainless steel appliances, new floor
Turnkey Asset – With recent renovations completed, the property is 100% move-in ready, requiring no immediate capital improvements from a new owner.
Attractive Unit Mix – The building consists of (6) spacious 850 SF units, a highly sought-after layout for long-term tenants and families.
Strong Cash Flow Potential – Current rents are already near market rate, allowing for immediate income while still offering upside over time.
Tenant-Friendly Amenities – On-site parking and laundry facilities provide convenience and enhance tenant retention.
Stabilized Investment in a Well-Maintained Building – Ideal for investors seeking a hassle-free, low-maintenance property with steady income in place.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $130,015 USD (2025)
Cap Rate: 5.91 %
Total Expenses: $56,807 USD

Public Transportation

AirportDriveWalkDistance
San Diego International 21 min - 15.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Jason Lee 858-336-9688 Nara Advisors
Jason Lee 858-336-9688 Nara Advisors