$1,299,999
SOLD DEC 31, 2024
7 Beds
6 Baths
-- Sq Ft
1957 Built

Recently Sold

25 Days on Market

About This Home

As of December 2024

PRICED TO SELL! 5.8 cap that can get to a 6.5 cap easily! Make this charming turnkey gem yours! Perfect for owner occupant or a first investment, but all buyers will find great value. Situated on over 7k SF, the lot allows for all 3 units to truly feel like private living, including private yards, ample parking and great landscaping for all. Unit mix boasts: front 3BR 2BA house, middle 2BR 2BA unit, and rear 2BR 2BA townhome. The property is fully renovated including: new roofs on all units, brand new HVAC and ducting in front home, new paint throughout, fully renovated interiors including kitchens, cabinets, flooring, windows, vanities, tubs and more. Units have had extensive electrical and plumbing upgrades throughout as well. Come tour your future triplex today!

Last Agent to Sell the Property

Florian Sighe

The Browar Group License #02072593 Listed on: 11/12/2024

Last Buyer's Agent

Loren Sanchez

Finest City Homes & Loans License #02002105

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 6232114400

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Otay Community

Building Details

  • Net Operating Income $73,533

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Zenith
  • Neighborhood: Otay
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Otay
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 6232114400

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 73533
  • Annual Expense Actual: 29004
  • Gross Rent Multiplier Actual: 14.0
  • Gross Rent Multiplier Projected: 12.9
  • Gross Sched Income Actual: 105708
  • Gross Sched Income Projected: 114480
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 2

Similar Home in Chula Vista, CA

  • 274 Emerson St, Chula Vista, CA 91911

    $1,349,000

    • 8 Beds
    • 5 Baths
    • 2,980 Sq Ft
    • 274 Emerson St
    • Chula Vista, CA

    BRING ALL OFFERS. Fully Renovated 3-Unit Property, Including a Brand-New 2-Bedroom ADU! This rare offering features a desirable unit mix: a spacious 2-story, 4-bedroom, 2.5-bath main house (approx. 1,500 sq. ft.), a large 2-bedroom, 1-bath unit (approx. 1,000 sq. ft.), and a newly constructed 2-bedroom, 1-bath ADU. Each unit has been thoughtfully updated with modern finishes, including new

    Jordan Concepcion Apartment Realty Group (ARG)

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $1,299,999 0.0% --
12/08/2024 12/08/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $1,299,999 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240026606

San Diego MLS

APN: 623-211-44-00