553-555 Flower St, Chula Vista, CA 91910
- $4,800,000
- 7
- BD
- 5
- BA
- 13,450
- SqFt
- Sold Price
- $4,800,000
- List Price
- $5,100,000
- Closing Date
- Jul 12, 2024
- Status
- CLOSED
- MLS#
- 240005129
- Bedrooms
- 7
- Bathrooms
- 5
- Living Sq. Ft
- 13,450
- City
- Chula Vista
- Property Type
- Multifamily
Property Description
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.
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Additional Information
- Cooling
- None
- Living Area
- 13,450
- Roof
- Composition
- Stories
- 2
- Parking Spaces
- 18
Mortgage Calculator
Listing courtesy of Listing Agent: Doug Taber (619-483-1031) from Listing Office: Keller Williams Realty.
Selling Office: Great Source Realty Corp..
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