$4,800,000
$5,100,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
0.65 Acres Lot
SOLD DATE : 07/12/2024
Key Details
Sold Price $4,800,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240005129
Sold Date 07/12/24
Lot Size 0.653 Acres
Acres 0.65
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.
Location
State CA
County San Diego
Area Chula Vista (91910)
Interior
Cooling None
Flooring Other/Remarks, Vinyl, Wall to Wall Carpet
Laundry Owned
Exterior
Exterior Feature Front Sprinklers, Fully Landscaped, Metal Fence, Rear Sprinklers
Garage Garages, Spaces
Roof Type Composition
Total Parking Spaces 18
Building
Story 2
Others
Space Rent $281,568
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Bought with Vic Minassian • Great Source Realty Corp.