390-392 Del Mar Ave

Exceptional 5-unit investment opportunity located in one of Chula Vista’s rapidly expanding submarkets. This well-positioned property features a front single-family residence at 390 Del Mar Ave offering 3 bedrooms and 2 bathrooms, complete with its own private entrance and dedicated parking. The rear of the property consists of four 2-bedroom, 1-bath units, all serviced by a separate gated parking area, creating a functional and attractive layout for tenants. One unit is currently vacant, providing immediate flexibility for an owner-occupant or the opportunity to achieve market rents from day one. Ideally situated just minutes from Downtown Chula Vista, this asset benefits from proximity to ongoing redevelopment, new construction, and a growing demand for quality rental housing, making it an attractive option for both seasoned investors and those seeking long-term appreciation. The property offers strong in-place income with additional value-add potential in a high-demand rental market. Its strategic location approximately three minutes from the Downtown Chula Vista redevelopment corridor provides convenient access to major freeways, retail, dining, and transit. With a flexible layout that appeals to a broad tenant base, this asset is well-suited for a long-term hold or repositioning strategy. Investors have the opportunity to increase rents over time and enhance overall returns while benefiting from continued appreciation in a high-growth area.