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PRICE $1,900,000 BEDS 14 BATHS 1 HOME SIZE 6,389 sqft LOT SIZE 10,498 sqft Request More Info Schedule a Showing

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.

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 MLS®. 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. Compilation ©2026 San Diego MLS®, Inc.

Properties on this website was last updated as recently as 3/24/26 8:33 PM PDT.

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