Active
561 Park Way
Chula Vista CA, 91910
$8,950,000
$344.23 per sqft
Active
9 Beds
26,000 sqft
Commercial
We are pleased to offer Parkway Palms in Chula Vista near the new Gaylord Pacific Resort and Convention Center. Parkway Palms offers a desirable unit mix of spacious one, two and three bedroom units. Further, the building includes 35 parking spaces, 7 garage spaces, and 6 carports. The garages and carports offer ADU potential. Further, the property is owned by the original family that built it. It was built to last and maintained with care. Property has newer windows, roofs replaced approx 2017 years ago, several plumbing upgrades and new electrical meters planned. Finally, this property has strong occupancy and offers excellent in-place income with substantial room to increase the rents to market. Please drive by the property discreetly without disturbing the tenants or management.
250020503
MLSⓇ ID
March 4, 2025
Listed
March 9, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
9
Appliances
Dishwasher, Range, Refrigerator, Disposal
Laundry Description
Leased
Floor Description
Concrete, Other
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiant, Wall Furnace
Exterior/Building Features
Roof
Other
Other Property Details
Area Name
South Bay
Days on Market
9
Garage
Yes
Parking
Carport, Garage, Spaces
Parking Total
34
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
3/9/2025 | Price change | $8,950,000 12% |
Listed by Ray Adams Investment Real Estate Inc, Ray Adams,
Listing Contact: 619-884-5456
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
© 2025 San Diego Multiple Listing Service. All rights reserved.
Data last updated 10:08 PM UTC, 3/9/2025
