441 Tremont Street, Chula Vista, CA 91911
Local realty services provided by:CENTURY 21 Masters
Listed by: erik m anderson
Office: newmark of southern california
MLS#:260006797
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$297.39
About this home
441 Tremont Street (the “Property”) is a 7-unit multifamily property located in the supply constrained Chula Vista submarket of San Diego, California. Situated in the rapidly growing Otay Town neighborhood, the Property offers convenient access to Interstate 5, Interstate 805, and State Route 905, connecting residents to employment centers throughout San Diego County, including the South Bay’s expanding retail, logistics, and healthcare corridors, as well as the nearby US/Mexico border crossing at Otay Mesa. The Property consists entirely of two-bedroom, one-bathroom units averaging over 900 square feet, providing the above-average unit size that workforce housing renters in this submarket actively seek and that consistently supports stronger rent retention and lower turnover. Three of the seven units have already been fully renovated, delivering immediate income at market-rate rents and demonstrating the renovation premium achievable at the Property. The remaining four units are in original condition and represent a clear, low-risk value-add opportunity for an investor to execute the same proven renovation program and bring rents in line with the renovated comparables already in place. At stabilization, the renovated cap rate approaches 7.5%, a compelling return profile for a well-located workforce housing asset in a market where new supply remains structurally limited and renter demand is supported by a broad and diverse employment base....
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Home facts
- Listing ID #:260006797
- Added:53 day(s) ago
- Updated:May 16, 2026 at 07:37 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:7
- Full bathrooms:7
- Living area:6,389 sq. ft.
Structure and exterior
- Building area:6,389 sq. ft.
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$297.39
Parking
- Total parking spaces:10
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