99 Broadway
Chula Vista, CA 91910
$3,400,000
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.
| Listing Id: | 260027097 |
|---|---|
| List Price: | $3,400,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Com-Res Income |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 15 |
| Living Area: | 3,093 |
| Lot Size Square Feet: | 10,890.0 |
| Waterfront?: | No |
| City: | Chula Vista |
| County Or Parish: | San Diego |
| Postal Code: | 91910 |
| Year Built: | 0 |
| Number Of Units Total: | 15 |
| Structure Type: | Apartment |
| Basement: | false |
| Bathrooms Total Integer: | 15 |
| Building Area Total: | 3,093.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | No Landscaping |
| Cooling: | None |
| Directions: | Corner of D Ave and Broadway in downtown Chula Vista. |
| Flooring: | Slab |
| Heating: | Wall |
| Levels: | 1 Story, 2 Story |
| Living Area Units: | SquareFeet |
| Lot Size Area: | 0.25 |
| Lot Size Units: | Acres |
| MLS Area Major: | South Bay |
| Parcel Number: | 565-330-02-00 |
| Parking Features: | Spaces |
| Photos Change Timestamp: | 2026-11-14T00:46:38Z |
| Roof: | Composition |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories: | 2 |
| Zoning: | C-3 |
| Sdmls Area Zip: | CHULA VISTA (91910) |
| Sdmls Lvt Date: | 2026-11-13 |
| Original List Price: | $3,400,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Community Features: | None |
| Financial Data Source: | Owner |
| Building Area Source: | Buyer to Verify |
| Listing Terms: | Cash, Cash to New Loan |
| Sdmls Short Sale: | No |
| Sdmls Internet Address: | 99 Broadway |
| Operating Expense: | $90,800 |
| Sdmls Have: | 15 Units |
| Sdmls Unit Rent1: | 1286 |
| Sdmls Unit Rent2: | 1525 |
| Sdmls Proj Gross Multiplier: | 11.61 |
| Sdmls Motive Want: | Sale |
| Gross Scheduled Income: | $292,800 |
| Number Of Buildings: | 3 |
| Sdmls Numof Units1: | 13 |
| Sdmls Numof Units2: | 2 |
| Sdmls Numof Leased Apartments: | 13 |
| Sdmls Max Search Price: | 3,400,000 |
| Sdmls Price Unit: | 226,667 |
| Sdmls Unit Rent Total1: | 14,150 |
| Sdmls Unit Rent Total2: | 3,050 |
| Total Actual Rent: | $17,200 |
| Sdmls Age: | 1,953 |
| Parking Total: | 11 |
| Sdmls Geo Update Timestamp: | 2026-11-14T00:46:37.9 |
| Sdmls Full Address: | 99 Broadway |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260027097 |
| Showing Requirements: | Call First |
| On Market Date: | 2026-11-13 |
Listing Courtesy of: The Agency
Listing Agent: Ron Chaquica
619-933-2349
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 13, 2026 09:48 PM - PT.
Property Last Updated: November 13, 2026 09:48 PM - PT
