About this home

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.

Facts and features

Schools

• Chula Vista Senior High School

  high · 9-12 · 0.7 mi

  5

• Chula Vista Middle School

  middle · 7-8 · 0.8 mi

  3

• Mueller Charter (Robert L.) School

  elementary · K-12 · 0.2 mi

  6

• National University Virtual High School

  high · 9-12 · 0.3 mi

• Chula Vista Learning Community Charter School

  elementary · K-12 · 0.5 mi

  8

• Highland Institute

  elementary · 1-12 · 0.7 mi

Price history

• Aug 10, 2026 · Price Changed$1,300,000
• Jun 29, 2026 · Price Changed$1,400,000
• Jun 26, 2026 · Price Changed$1,550,000
• Jun 16, 2026 · Listed$1,600,000
• Jan 24, 2022 · Sold$1,030,000
• Feb 10, 1995 · Sold$215,000
• Jan 31, 1986 · Sold$165,000

Tax history

• 2025$13,028 tax · $1,114,903 assessed
• 2024$12,569 tax · $1,093,043 assessed
• 2023$12,398 tax · $1,050,600 assessed
• 2022$4,052 tax · $344,318 assessed
• 2021$3,959 tax · $337,567 assessed
• 2020$3,865 tax · $334,106 assessed
• 2019$3,765 tax · $327,556 assessed
• 2018$3,707 tax · $321,134 assessed

Home value

$1,198,325

• Quantarium$1,198,325

Where it is