$2,495,000
Total Views 1,812
7 Beds
5 Baths
5,197 Sq Ft
$480 Price per Sq Ft

About This Home

We are pleased to present the opportunity to acquire 134-138 5th Avenue (the “Property”), a 7-unit, newly remodeled, multifamily property located in the exceptionally supply constrained San Diego submarket of Chula Vista, California. Strategically positioned at the gateway to downtown Chula Vista, the property enjoys seamless access to a vibrant mix of walkable retail, dining, and neighborhood amenities. Completely Renovated with High End Finishes Above Market Yield with Immediate Cash Flow Deliverable at 6+% Cap Rate Very Walkable Location with a Walk Score of 83/100

Listing Agent

Erik Anderson

Newmark of Southern California License #01991182 Listed on: 02/19/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.35 Acre Lot

Home Design

Interior Spaces

  • 7 Bedrooms
  • 5,197 Sq Ft Home
  • 1-Story Property

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • Operating Expense $58,531

Property Details

Home Type

Multi-Family

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Property Sub Type: Com-Res Income
  • Community Features: None
  • CapRate: 6.13
  • Co List Office Mls Id: 993314
  • Living Area: 5197.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-02-19T23:40:53Z
  • FullAddress: 134-138 5th Ave
  • NumofLeasedApartments: 7
  • Special Features: None

Interior Features

  • Total Bedrooms: 7

Lot Info

  • Lot Size Sq Ft: 15367.0

Multi Family

  • Number Of Buildings: 3
  • Number Of Units Total: 7
  • Annual Operating Expense: 58531.0
  • Total Actual Rent: 18565.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,029 $1,830,583 $1,008,147 $822,436
2024 $21,029 $1,794,690 $988,380 $806,310
2023 $20,744 $1,759,500 $969,000 $790,500
2022 $15,321 $1,310,732 $725,086 $585,646
2021 $14,966 $1,285,032 $710,869 $574,163
2020 $14,607 $1,271,856 $703,580 $568,276
2019 $14,229 $1,246,919 $689,785 $557,134
2018 $14,009 $1,222,470 $676,260 $546,210
2017 $10 $1,198,500 $663,000 $535,500
2016 $13,396 $1,175,000 $650,000 $525,000
2015 $3,934 $342,394 $202,644 $139,750
2014 $3,870 $335,688 $198,675 $137,013
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 For Sale $2,495,000 -- $480 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 260004035

San Diego MLS

APN: 565-192-18-00

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