$1,900,000

Estimated payment $12,363/month

5 Beds
4 Baths
3,195 Sq Ft
$595 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • Tankless Water Heater
  • End Unit
  • No HOA
  • 3-minute walk to Norman Park

About This Home

Rare three-unit opportunity in the heart of Chula Vista, prominently situated on the corner of Del Mar Avenue and Davidson Street, just two blocks from Third Avenue. Built in 2015 and recognized through the City of Chula Vista’s Ribbons & Shovels Awards, this beautifully maintained property stands apart with Craftsman-inspired architecture, mature water saving landscaping, covered balconies, stone accents, and thoughtful design throughout. The property includes two 3-bedroom residences with large 2-car garages and one 2-bedroom residence with a 1-car garage and additional off-street parking. Each residence features air conditioning, wood flooring, crown molding, upgraded trim, custom cabinetry, stainless-steel appliances, and a front-loading stackable washer and dryer. 249 Del Mar offers 3 bedrooms, 2.5 bathrooms, a private balcony, and an attached 2-car garage. Its custom kitchen features distressed-finish cabinetry, granite countertops, a decorative backsplash, and a breakfast bar. 241 Davidson #201 offers 3 bedrooms, 2 bathrooms, a covered balcony, a 2-car garage, and single-level living above the garages. Highlights include a custom kitchen, rich wood cabinetry, granite countertops, and a separate dining area with built-in cabinets. 241 Davidson #101 offers 2 bedrooms, each with its own bathroom, a generously sized custom kitchen, an efficient living area, wood flooring, a front balcony accessed from one bedroom, a 1-car garage, and parking for two additional vehicles. Enjoy Downtown Chula Vista living just two blocks from Third Avenue’s restaurants, coffee shops, bakeries, breweries, local businesses, community events, and Sunday farmers market. The Chula Vista Marina and Bayfront are also nearby, offering waterfront parks, shoreline walks, boating, fishing, and scenic views across San Diego Bay. **Pictures of 249 Del Mar and unit #201 were taken before tenants occupancy. Exterior pictures are current and some when built.**

Listing Agent

Claudia Medina

Coldwell Banker West Brokerage Email: ClaudiaSellsSanDiego@gmail.com License #01312931 Listed on: 08/06/2026

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 5,989 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Corner Lot
  • On-Hand Building Permits

Parking

  • 2 Open Parking Spaces
  • 5 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Off-Street Parking

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,195 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot Tr 505 1/4 Sec 137 Lot 5
  • Tax Tract Number 505
  • Assessor Parcel Number 5680730700

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $7,757
  • New Taxes Expense $23,750
  • Operating Expense $22,579
  • Gross Income $92,100
  • Net Operating Income $69,520

Property Details

Home Type

Multi-Family

Year Built

Built in 2015 | Under Construction

Lot Details

5,989 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 3.66
  • Property Attached: Yes
  • View: No
  • Zoning: R-3
  • Property Condition: Under Construction, Building Permit, Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5680730700
  • Year Built: 2015
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: End Unit, 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 594.68

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Off Street, Garage - Single Door, Driveway
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator, Tankless Water Heater, Gas Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5989.00
  • Lot Size Acres: 0.1375

Multi Family

  • Gross Income: 92100.00
  • Gross Scheduled Income: 92100.00
  • Insurance Expense: 7757.00
  • Lot Size Area: 5989.0000 Square Feet
  • Net Operating Income: 69520.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 22579.00
  • Rent Control: No
  • Total Actual Rent: 7675.00
  • Total Expenses: 22579.00

Tax Info

  • New Taxes Expense: 23750.00
  • Tax Lot: Tr 505 1/4 Sec 137 Lot 5
  • Tax Tract Number: 000505

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
08/06/2026 08/06/26 For Sale $1,900,000 -- $595 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

About the Listing Agent

Claudia Medina

Coldwell Banker West

(619) 598-1538

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For the past 25 years Claudia Medina has made it her goal to make every client a client for life. As a military spouse in a very active military town and a successful, full-time REALTOR, she has extensive knowledge of the greater San Diego area. She has seen the ups and downs of the real estate market. She has helped many clients from your first time home-buyer, the experienced and non experience investor, high to low end buyers and sellers and is very experienced in the VA market. Her business

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2605975

California Regional Multiple Listing Service (CRMLS)

APN: 568-073-07-00

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