Properties

Chula Vista, CA 91911 441 Tremont Street

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Presented By: Erik Anderson with Newmark of Southern California;
  • MLS# 260006797SD
  • 03/23/2026
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Home Details

441 Tremont Street (the โ€œPropertyโ€) 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 Bayโ€™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.
Presented By: Erik Anderson with Newmark of Southern California;

Interior Features for 441 Tremont Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NNo

General for 441 Tremont Street

Cap Rate4.92
CityChula Vista
CountySan Diego
HOA Fee$
Lot Size Square Feet10553
Lot Size UnitsSquare Feet
MLS Area91911 - Chula Vista
Number Of Units Total7
Operating Expense64133
PostalCityCHULA VISTA
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Standard StatusActive
StatusActive
ZoningR2P

Exterior for 441 Tremont Street

Lot Size Acres0.2423
Lot Size Area10553
Number of Buildings1
Total Parking10

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,900,000
MLS#260006797SD
List Date 03/23/2026
Property Type Commercial
Phone 888.795.6274
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Request Info
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