Listing provided courtesy of Doug Taber of Keller Williams Realty. Last updated 2024-04-24 09:21:26.000000. Listing information © 2023 Sandicor.
Asking Price: $5,100,000
553-555 Flower St, Chula Vista CA 91910
Community: South Bay
This Com-Res Income property was built in and is priced at $5,100,000. Please see the additional details below.
Blossom Court presents a premier investment opportunity with its 2 buildings, on 2 parcels, totaling 16 units. The community stands out with its high curb appeal, featuring ALL 2 and 3 bedroom units. Plus 12 garages and 18 off-street parking spots. Lush landscaping and clean hardscaping throughout. The onsite laundry facility includes 4 OWNED machines with the potential for additional stackable machines, enhancing convenience for the residents and revenue for the investor. The property offers a big value-add opportunity with RUBS and SIGNIFICANT rent upside potential! Its prime location is near Chula Vista’s iconic Third Street/Village, San Diego Bay, and the major billion-dollar Bayfront Redevelopment. Easy access to arterial roads, Naval Base, San Diego Port, and downtown San Diego further underscores its desirability. Blossom Court is not just an investment; it's a strategic asset poised for growth in one of San Diego's vibrant communities.
