678 Jefferson Avenue
Chula Vista, CA, 91910 $ 1,400,000
Baths4.0 Sq 2,464 Monthly Estimate*
$ 8,840
Listed by Lee & Associates
Studio for $1,400,000 with 4 full baths. This 2,464 square foot home was built in 1955 on a lot size of 0.1902.
We're pleased to present Jefferson Apartments, a 5-unit multifamily investment opportunity located at 678 Jefferson Avenue in Chula Vista, California. Situated on an approximately 8,285 square foot lot, the property consists of five units totaling approximately 2,464 square feet and features a unique unit mix of (1) two-bedroom/one-bath detached house and (4) studio units. Constructed in 1955, the property offers investors stable cash flow, strong rental demand, and significant upside through continued rental growth and strategic property enhancements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while improving operational efficiency. Additional amenities include eight on-site parking spaces consisting of one garage, one carport, and six surface spaces, with tenants responsible for dumpster service. The detached two-bedroom home offers privacy and strong tenant appeal, while the studio units provide an efficient and highly sought-after rental product in the South Bay market. Recent ownership improvements include a roof repair completed in April 2025, contributing to the property's long-term stability. Located in the heart of Chula Vista, Jefferson Apartments offers residents convenient access to major employment centers, retail destinations, restaurants, schools, and public transportation. The property is strategically positioned near Interstate 5, Interstate 805, Downtown Chula Vista, the Chula Vista Bayfront redevelopment, and the new Gaylord Pacific Resort & Convention Center, providing tenants with exceptional connectivity and access to one of San Diego County's most active growth corridors. Chula Vista continues to experience substantial investment and redevelopment activity, driven by waterfront improvements, new hospitality projects, infrastructure investment, and sustained population growth. With a desirable coastal location, attractive unit mix, ample parking, utility efficiencies, and measurable rental upside, Jefferson Apartments presents investors with an opportunity to acquire a well-positioned multifamily asset offering both immediate income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.
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FeaturesGeneralSewer Public Sewer
Zoning R1 buyer to verify
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1955
Gross Income 93621
Community Features Curbs
County San Diego
Net Operating Income 53775
Operating Expense 37038
Insurance Expense 3500
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions contact agent if you need directions
City Chula Vista
Entry Location front
Senior Community Y/N false
Number Of Units Total 5
MLS Area 91910 - Chula Vista
Lot Size Units Square Feet
Lot Size Square Feet 8285
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 2000
Water Sewer Expense 1575
Rent Control Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2511295
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1-000
Taxes 17920
Cap Rate 3.36
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InteriorTotal Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features None
Entry Level 1
Total Baths 0
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ExteriorLot Features Rectangular Lot
Total Parking 1
Lot Size Area 8285
Number of Buildings 2
Spa false
Building Area Total 2464
Lot Size Acres 0.1902
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesList Byevb@lee-associates.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,840
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chula Vista, CA
Average List Price $1,513,022
Percent of Sale Price 8%
About Chula Vista, CA 270,474 Population
54% Since 2002
$ 67,673 Median Income
35.5 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $1,400,000 | -9.68% | Price Down |
| 6/26/2026 | $1,550,000 | -3.13% | Price Down |
| 6/16/2026 | $1,600,000 | | Listed Price |