345 F StChula Vista, CA 91910

Property Details for 345 F St

Year built

1981

Lot size

0.89 AC

Property size (Sq ft)

1,394 SF

Zone code

COMMERCIAL

Property type

Office properties

APN

568-151-01-10

APU

5681510110

Description

This exceptional 1,108 square foot medical office condo, situated within a larger 23,000 square foot building at 345 F St, Chula Vista, CA 91910, presents a remarkable investment opportunity. Priced at $700,000 ($30.43/sq ft), this move-in ready space boasts a well-designed layout, perfect for various medical and professional uses. The building, constructed in 1981, sits on a 0.84-acre lot and offers ample free parking with 55 spaces in an adjoining lot, supplemented by additional free public parking nearby. The property's convenient location in bustling downtown Chula Vista provides easy access to major transportation arteries including I-5, I-805, and Hwy-54, as well as public transit (bus and trolley). Its proximity to Scripps Hospital, the South County Court House, Chula Vista Mall, and numerous restaurants adds to its appeal. The condo itself features a spacious waiting room, two offices equipped with sinks, two additional offices, and a large back office adaptable for various needs, potentially as a private office or operating room. Monthly HOA dues are $670. This property offers a blend of convenience, functionality, and strong location advantages.

• CAP approach

  CAP return

  Valuation

  6%

  $331,166

  6.5%

  $305,691

  7%

  $283,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $225,610

  Geo Method

  $490,646

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $623,901

  Retail / Commercial

  $315,614

  Mixed-Use / Specialty

  $311,085

  Hospitality / Lodging

  $223,801

  Institutional / Educational

  $322,186

  Residential Income

  $376,958

  Multifamily

  $470,973

  Automotive / Energy

  $276,160

  Parking / Income-Based Land

  $98,662.20

  Restaurant / Food Service

  $154,533

  Healthcare / Senior Housing

  $322,502

Location Insight

City

Chula Vista

County

San Diego

State

California

Latitude

32.6413

Longitude

-117.082

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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