NOT LISTED FOR SALE
5 Beds
3 Baths
2,180 Sq Ft
7,501 Sq Ft Lot

Sale Details

Date Sold: October 12, 2022

Last sale price $1,235,000 $567 Per Sq Ft

20 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • Wood Siding

About This Home

As of October 2022

Investor opportunity! Just miles away from planned world-class destination Chula Vista Bayfront redevelopment. 135 Landis is just one block from historic downtown Chula Vista. Offering a large 3Bd/1Ba house in front, with a private yard, parking, and in-unit Laundry. The back structure offers two, 1Bd/1Ba units. The upstairs enjoys a private balcony while the downstairs has access to a large private courtyard. The back structure comes equipped with a shared coin laundry room, onsite storage, and tenant parking. The property also has a fourth separate gas and electric meter, giving new ownership an essential piece to building an ADU.

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 09/02/2022

Last Buyer's Agent

Fernando Lomez

Master Property Realty License #01428646

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • 7,501 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 566-222-03-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Memorial Park Community

Building Details

  • Net Operating Income $33,200

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: E St and Third Ave
  • Neighborhood: Historic Downtown Chula Vista
  • LP / Sq Ft: 22.65
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Condo/Co-op/Association

  • Complex Name: Memorial Park
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 566-222-03-00
  • Estimated Lot Sq Ft: 7501

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 33200
  • Gross Rent Multiplier Actual: 27.7
  • Gross Rent Multiplier Projected: 15.2
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
  • Other Income Actual: 1200

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
10/12/2022 10/12/22 Sold $1,235,000 -2.4% $567 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $1,265,000 -2.3% $580 / Sq Ft
09/02/2022 09/02/22 For Sale $1,295,000 -- $594 / Sq Ft
Source: San Diego MLS

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Map

Source: San Diego MLS

MLS Number: 220022744

San Diego MLS

APN: 566-222-03-00

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