Sold
553-555 Flower St
Chula Vista CA, 91910
$4,800,000
$356.88 per sqft
Sold
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
August 23, 2024
Updated
Map
553-555 Flower St
Chula Vista CA, 91910
Interior Features
Total Stories
2
Bedrooms
7
Laundry Description
Owned
Floor Description
Other, Vinyl, Carpet
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
Listing History
Date | Event | Price |
---|---|---|
7/15/2024 | Sold | $4,800,000 |
4/23/2024 | Pending | — |
Listed by Keller Williams Realty, Doug Taber,
Listing Contact: 619-483-1031
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Data last updated 8:03 AM UTC, 8/23/2024