Pending

553-555 Flower St

Chula Vista CA, 91910

$5,100,000


$379.18 per sqft

Pending

7 Beds

13,450 sqft

Commercial

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.

240005129

MLS ID

March 8, 2024

Listed

April 24, 2024

Updated

Map

553-555 Flower St
Chula Vista CA, 91910

Interior Features

Total Stories

2


Bedrooms

7 Beds


Laundry Description

Owned


Floor Description

Vinyl, Carpet, Other


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.65 Acres


Lot Features

Sprinklers In Front, Landscaped, Sprinklers In Rear


Roof

Composition

Other Property Details

Area Name

South Bay


Days on Market

45


Garage

Yes


Parking

Garage, Spaces


Parking Total

18


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

4/23/2024

Pending

Listed by Keller Williams Realty, Doug Taber,
Listing Contact: 619-483-1031 

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