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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 250001219
Sold Date 06/30/25
Bedrooms 6
Full Baths 4
Year Built 1971
Property Sub-Type Res Income 2-4 Units
Type of Financing Assumable,Cal Vet,Cash,Conventional,Exchange,FHA,Other/Remarks,VA
Property Type Res Income 2-4 Units
Property Description
Pristine Duplex Situated roughly 2 Miles from the Gaylord Convention Center and the 3rd Ave Strip, this superb property has had no expense spared in upgrades and maximum potential for growth! SELLER WILL BUY DOWN INTEREST RATE TO 5.875%. Live in one and rent out the other, Convert Both Garages and make almost $12k in Gross Rents, Airbnb one or both or keep them rented with the tenants! One of the few properties in the county with this much growth potential with an ASSUMABLE VA LOAN! Both units (A&B) have been meticulously maintained and underwent significant upgrades (See below). Come See! Each unit is a 3 Bed 2 Ba with own private front and back yards, laundry units & garages, just blocks away from Costco, target, and other shopping plazas, Life Essentials are at your finger tips! In a prominent area for future development, this property is within a Transit Priority Area (TPA) and with the flux of development coming to Chula Vista, this can very well be The Opportunity before Investors start flying in! Current Short Term Rental Potential is $52,000/Yr Each Unit! Truly step into Real Estate Investing and Portfolio Growth at its Finest with this Incredible Opportunity before it's too late!
Location
State CA
County San Diego
Area South Bay
Zoning R-2
Direction GPS
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Fence Full, Gate
Utilities Available Sewer Connected
View Y/N Yes
View Evening Lights, Ocean
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 622-072-65-00
Acceptable Financing Assumable, Cal Vet, Cash, Conventional, Exchange, FHA, Other/Remarks, VA
Listing Terms Assumable, Cal Vet, Cash, Conventional, Exchange, FHA, Other/Remarks, VA
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Bought with Jing Zhao Sunrise Investment International
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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