Cambridge Apartments

The offering presents the opportunity to acquire a 41-unit multifamily apartment community originally constructed in 1968, located in the City of Chula Vista, a well-established South Bay submarket of San Diego County. The property is primarily composed of one-bedroom floor plans and benefits from abundant onsite parking, gated access, a swimming pool and community laundry facilities. Approximately 50% of the units have recently been renovated to varying finish levels, including vinyl plank flooring, updated cabinet faces, quartz countertops, modern fixtures and hardware, and dual-pane vinyl windows. The remaining units provide a clear value-add opportunity through continued renovations and corresponding rent increases. The property benefits from excellent accessibility, with direct access to Interstate 5 and proximity to public transit. The E Street Trolley Station is located approximately 0.3 miles (an eight-minute walk) from the property and is frequently serviced by the Blue Line, connecting riders to Downtown San Diego and beyond.