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Property view

441 Tremont Street, 
Chula Vista, CA 91911

$1,800,000


14

Beds


7

Baths


6,389

Sq Ft


Multi-Family

Sold

Listed by

Erik M Anderson

Bought with Newmark of Southern California

Newmark Of Southern California

MLS#

260006797

Source:

San Diego MLS via CRMLS

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About This Home

441 Tremont Street

441 Tremont Street (the “Property”) is a 7-unit multifamily property located in the supply constrained Chula Vista submarket of San Diego, California. Situated in the rapidly growing Otay Town neighborhood, the Property offers convenient access to Interstate 5, Interstate 805, and State Route 905, connecting residents to employment centers throughout San Diego County, including the South Bay’s expanding retail, logistics, and healthcare corridors, as well as the nearby US/Mexico border crossing at Otay Mesa. The Property consists entirely of two-bedroom, one-bathroom units averaging over 900 square feet, providing the above-average unit size that workforce housing renters in this submarket actively seek and that consistently supports stronger rent retention and lower turnover. Three of the seven units have already been fully renovated, delivering immediate income at market-rate rents and demonstrating the renovation premium achievable at the Property. The remaining four units are in original condition and represent a clear, low-risk value-add opportunity for an investor to execute the same proven renovation program and bring rents in line with the renovated comparables already in place. At stabilization, the renovated cap rate approaches 7.5%, a compelling return profile for a well-located workforce housing asset in a market where new supply remains structurally limited and renter demand is supported by a broad and diverse employment base.

Home Facts

Multi-Family

7 Baths

14 Bedrooms

Price Summary

1,900,000

$297 per Sq. Ft.

MLS #:

260006797

Sold:

June 3, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

6,389 Sq. Ft.


Structure

Structure

Building Area:

6,389 Sq. Ft.


Finances & Disclosures

Finances

Price:

$1,900,000

Price per Sq. Ft:

$297 per Sq. Ft.

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