1225 3rd Ave Chula Vista, CA 91911
Castle Park NeighborhoodEstimated payment $19,042/month
About This Home
SoCal Coastal Capital is proud to present Chula Bella Apartments located on 1225 Third Ave. This turnkey 10-unit property offers an opportunity to acquire a fully stabilized asset on Third Avenue. Built in 1970, the property has been fully renovated with in place RUBS. All units are 1-bed/1-bath units averaging 594 sq ft. with a desirable layout. The building is situated on an 11,761 square foot lot and totals 5,940 rentable square footage. Capital improvements include new railing, new roof, and plumbing. Ample on-site parking available with 10 parking spaces. It boasts a WALK SCORE of 81 with zoning designation CCP-Mixed Use Residential. Call or email listing agent for Offering Memorandum.
Listing Agent
W&D Real Estate Investments Brokerage Phone: 310-210-5789 License #01898787 Listed on: 07/14/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 11,761 Sq Ft Lot
- Two or More Common Walls
Parking
- 10 Parking Spaces
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,940 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 505
- Assessor Parcel Number 6192213500
- $2,603 per year additional tax assessments
Community Details
Overview
- 10 Units
- Chula Vista Subdivision
Building Details
- Rent Control
- Electric Expense $2,144
- Insurance Expense $6,024
- Professional Management Expense $6,704
- Trash Expense $4,548
- Water Sewer Expense $948
- Operating Expense $62,787
- Gross Income $208,536
- Net Operating Income $139,493
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $38,518 | $3,084,930 | $1,623,648 | $1,461,282 |
| 2025 | $38,518 | $3,024,442 | $1,591,812 | $1,432,630 |
| 2024 | $39,210 | $2,965,140 | $1,560,600 | $1,404,540 |
| 2023 | $36,658 | $2,907,000 | $1,530,000 | $1,377,000 |
| 2022 | $22,621 | $1,708,500 | $632,400 | $1,076,100 |
| 2021 | $11,675 | $821,317 | $257,527 | $563,790 |
| 2020 | $11,606 | $812,897 | $254,887 | $558,010 |
| 2019 | $10,603 | $796,959 | $249,890 | $547,069 |
| 2018 | $11,056 | $781,334 | $244,991 | $536,343 |
| 2017 | $10,676 | $766,015 | $240,188 | $525,827 |
| 2016 | $11,844 | $750,996 | $235,479 | $515,517 |
| 2015 | $10,685 | $739,716 | $231,942 | $507,774 |
| 2014 | $8,482 | $725,227 | $227,399 | $497,828 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $2,875,000 | +0.9% | $484 / Sq Ft | |
| 06/03/2022 06/03/22 | Sold | $2,850,000 | -5.0% | -- | View Prior Sale |
| 03/21/2022 03/21/22 | For Sale | $3,000,000 | -- | -- | |
| 03/18/2022 03/18/22 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $2,850,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Western Resources Title Co | |
| Grant Deed | $1,675,000 | Fidelity National Title Co | |
| Grant Deed | -- | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,375,000 | New Conventional | |
| Previous Owner | $1,375,000 | New Conventional | |
| Previous Owner | $275,000 | Commercial | |
| Previous Owner | $1,455,000 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $1,256,250 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26153490
APN: 619-221-35-00
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