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$2,295,000
Est. payment /mo
11 Beds
7 Baths
5,297 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,297 sqft
Price per Sqft $433
MLS Listing ID 260016007
Bedrooms 11
Full Baths 7
Lot Size 0.255 Acres
Lot Dimensions 153x74
Property Sub-Type Com-Res Income
Property Description
Fantastic six-unit residential income opportunity in the heart of Chula Vista, just a half block from historic Third Avenue Village. Situated on a large 0.26-acre lot, this well-balanced asset consists of two buildings: a front Victorian-style residence with a 3-bedroom, 2-bath downstairs unit and a 2-bedroom, 1-bath upstairs unit, plus a rear four-unit building with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property offers strong in-place income with additional upside potential, making it an attractive opportunity for investors seeking immediate cash flow, long-term appreciation, and possible future value-add or development potential. Residents enjoy a large communal fenced yard, community laundry, and a dedicated parking lot with six spaces. The prime location is close to Downtown Chula Vista's restaurants, cafés, breweries, shops, and local businesses, with the Chula Vista Bayfront redevelopment adding to the area's long-term growth story. A rare chance to acquire a six-unit property in a highly desirable South Bay rental market with strong fundamentals and future upside.
Location
State CA
County San Diego
Area South Bay
Zoning R-3:RESTRI
Interior
Heating Central Forced Air Gas, Wall, Other/Remarks
Cooling Wall/Window, Other
Flooring Slab, Wood
Fireplace No
Laundry Owned
Exterior
Parking Features Spaces
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Dwelling Type 2 on a Lot,Apartment
Story 2
Others
Senior Community No
Tax ID 568-410-57-00
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
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Listed by Glen Henderson, DRE#01384181 LPT Realty, Inc
Nearby School & Business
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