678 Jefferson Avenue Overview
- Time on Site:
- 13 days
- Visits:
- 0
We're pleased to present Jefferson Apartments, a 5-unit multifamily investment opportunity located at 678 Jefferson Avenue in Chula Vista, California. Situated on an approximately 8,285 square foot lot, the property consists of five units totaling approximately 2,464 square feet and features a unique unit mix of (1) two-bedroom/one-bath detached house and (4) studio units. Constructed in 1955, the property offers investors stable cash flow, strong rental demand, and significant upside through continued rental growth and strategic property enhancements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while improving operational efficiency. Additional amenities include eight on-site parking spaces consisting of one garage, one carport, and six surface spaces, with tenants responsible for dumpster service. The detached two-bedroom home offers privacy and strong tenant appeal, while the studio units provide an efficient and highly sought-after rental product in the South Bay market. Recent ownership improvements include a roof repair completed in April 2025, contributing to the property's long-term stability. Located in the heart of Chula Vista, Jefferson Apartments offers residents convenient access to major employment centers, retail destinations, restaurants, schools, and public transportation. The property is strategically positioned near Interstate 5, Interstate 805, Downtown Chula Vista, the Chula Vista Bayfront redevelopment, and the new Gaylord Pacific Resort & Convention Center, providing tenants with exceptional connectivity and access to one of San Diego County's most active growth corridors. Chula Vista continues to experience substantial investment and redevelopment activity, driven by waterfront improvements, new hospitality projects, infrastructure investment, and sustained population growth. With a desirable coastal location, attractive unit mix, ample parking, utility efficiencies, and measurable rental upside, Jefferson Apartments presents investors with an opportunity to acquire a well-positioned multifamily asset offering both immediate income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.
678 Jefferson Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 2,464
- Price/Sq.ft. $568
- Lot 0.19 Acres
Details
General
Association/HOA
- Association: No
Income/Expenses
- Gross Income: 93621.0
- Gross Scheduled Income: 93621.0
- Insurance Expense: 3500.0
- Net Operating Income: 53775.0
- New Taxes Expense: 17920.0
- Operating Expense: 37038.0
- Trash Expense: 2000.0
- Water Sewer Expense: 1575.0
Building Information
- Year Built: 1955
Location/Region
- County Or Parish: San Diego
- MLS Area Major: 91910 - Chula Vista
- Postal City: CHULA VISTA
Community/Development
- Community Features: Curbs
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Submit
- Parcel Number: 5711421500
- Property Type: Residential Income
- Rent Control: Yes
- Senior Community: No
- Special Listing Conditions: Standard
- Zoning: R1, buyer to verify
Interior
Parking Information
- Garage Spaces: 1.0
- Garage: Yes
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Total: 2464.0
- Building Area Units: Square Feet
General Information
- Common Walls: 2+ Common Walls
- Cooling: No
- Entry Level: 1
- Entry Location: front
- Fireplace: No
- Heating: No
- Laundry Features: None
- Spa: No
- Stories Total: 1
Exterior
Parking Information
- Parking Total: 1.0
Lot Information
- Lot Features: Rectangular Lot
- Lot Size Acres: 0.1902
- Lot Size Area: 8285.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 8285.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
Waterfront/View
- View: No
Building Exterior/Construction
- Property Attached: Yes
General Information
- Number Of Units Total: 5
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
678 Jefferson Avenue Neighborhood
Community
91910 (Chula Vista) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.678 Jefferson Avenue Monthly Cost
678 Jefferson Avenue Market Data
Based on the last 30 days in this zip code
678 Jefferson Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: CRMLS | $1,400,000 -9.7% |
|
| 6/26/2026Source: CRMLS | $1,550,000 -3.1% |
|
| 6/16/2026Source: CRMLS | June 16, 2026 |
Contact Information: [email protected] - 760-929-9700