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390 Del Mar Ave

$2,229,000

390 Del Mar Ave, Chula Vista, CA 91910

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Last Updated: 04/29/2025

1970

Year Built

PTP2502915

MlsNumber

Details:
Year Built:    1970
MlsNumber:    PTP2502915
Highlights:
  • Annual Tax: $ 15383.0
  • Roof: Composition Shingle
  • Cooling: No A/C
  • General: Smoke Detector
Description:

Great 2020, 2021 totally renovated, centrally located 5 Units in new redevelopment zone in Chula Vista. Commercial/residential opportunity 1 block from 3rd Ave. Front house is 3BR/2BA and 4 spacious newer units 2BR/1BA built in the 80's as per previous owner. Residents enjoy plenty of parking space with alley remote controlled gate. Property is situated in a nice quiet yet central location, surrounded by dental, insurance & attorney's offices. Rents are well below market value. All meas. and financial info are approx. Please do not disturb tenants.

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Today's Available Mortgage Rates

390 Del Mar Ave, Chula Vista, California 91910

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/20/2025
Agency*Lender #591
5 Year Fixed
30 Year Amortization
Interest rate 5.73% 5 Year Fixed
Mo. Payment$6,879 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $10,000 Lender fees
Loan Amount $1,181,370 Loan Amount
Details
Agency*Lender #592
7 Year Fixed
30 Year Amortization
Interest rate 5.92% 7 Year Fixed
Mo. Payment$5,962 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 45% LTV $10,000 Lender fees
Loan Amount $1,003,050 Loan Amount
Details
Agency*Lender #591
10 Year Fixed
30 Year Amortization
Interest rate 6.08% 10 Year Fixed
Mo. Payment$6,874 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $10,000 Lender fees
Loan Amount $1,136,790 Loan Amount
Details
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