99 Broadway, Chula Vista, CA 91910 (MLS # 260027097SD)

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PRICE $3,400,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 10,890 sqft
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99 Broadway is a 15-unit multifamily property at the corner of D Ave and Broadway in downtown Chula Vista. Unit mix of 13 studios and two 1BR/1BA units; every unit was renovated in 2023 and converted from hotel use to multifamily. Currently 13 of 15 units occupied, with 2 vacant units (#8 and #14) ready for immediate lease-up. Current gross scheduled rent of $206,400/yr vs. $292,800/yr at market, roughly $86,400/yr (+42%) of rent upside. Offered at a 5.94% cap rate on NOI of $202,000. 3,093 SF building on a 10,890 SF (0.25 AC) lot with 11 surface parking spaces. Zoned C-3 (Broadway North) under the Chula Vista Urban Core Specific Plan. Low-maintenance property with no landscaping. Walkable, transit-served location near bus lines, shops and restaurants, with easy access to SR-54 and I-5. About 7 miles to downtown San Diego, 9 miles to the Mexican border, and close to the Gaylord / Chula Vista Bayfront development. A compelling workforce-housing investment requiring only modest capital expenditure.

DAYS ON MARKET 2 LAST UPDATED 11/13/2026
YEAR BUILT 0 COMMUNITY 91910 - Chula Vista
COUNTY San Diego STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 91910 - Chula Vista
CONSTRUCTION Frame, Stucco
HEAT Wall Furnace
LOT 0.25 acre(s)
LOT DIMENSIONS 10890
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