NOT LISTED FOR SALE

268 Ash Ave Chula Vista, CA 91910

Downtown Chula Vista Neighborhood
8 Beds
4 Baths
-- Sq Ft
1947 Built

Last Sold January 14, 2021

Last sale price $1,285,000

32 Days on Market

About This Home

As of January 2021

268 -270 Ash Ave is a 4 unit investment property located near the upcoming $1.1B Chula Vista Bayfront development. Property comprised of 4 spacious 2 bedroom/1 bathroom units on a 8,684 sq ft lot. Each unit has an assigned 1 car garage that has washer and dryer hook ups. Great opportunity to take advantage of historically low interest rates.

Last Agent to Sell the Property

Ivan Ramos

Crescent Bay Properties License #02008339 Listed on: 11/08/2020

Last Buyer's Agent

Ngoc-Nu Nguyen

Realty Of America Corp. License #01338360

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Home Design

  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 567-052-03-00

Community Details

Overview

  • 4 Units
  • Complex Community

Additional Features

  • Net Operating Income $51,463
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: F St
  • Neighborhood: Chula Vista
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1947
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Complex Name: Complex
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 567-052-03-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51463
  • Gross Rent Multiplier Actual: 16.5
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $1,285,000 -3.0% --
12/11/2020 12/11/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,325,000 0.0% --
11/23/2020 11/23/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $1,325,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $15,984 $1,390,923 $757,701 $633,222
2024 $15,984 $1,363,651 $742,845 $620,806
2023 $15,768 $1,336,914 $728,280 $608,634
2022 $15,314 $1,310,700 $714,000 $596,700
2021 $5,677 $485,384 $178,448 $306,936
2020 $5,541 $480,408 $176,619 $303,789
2019 $5,398 $470,989 $173,156 $297,833
2018 $5,315 $461,755 $169,761 $291,994
2017 $10 $452,702 $166,433 $286,269
2016 $5,080 $443,826 $163,170 $280,656
2015 $5,008 $437,161 $160,720 $276,441
2014 $4,926 $428,598 $157,572 $271,026
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Ivan Ramos

    Crescent Bay Properties

  • N

    Buyer's Agent in 2021

    Ngoc-Nu Nguyen

    Realty Of America Corp.

  • Benny Charles

    Buyer's Agent in 2021

    Benny Charles

    Pivot Real Estate

    (760) 703-3898

    104 Total Sales

    Benny Charles
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Map

Source: San Diego MLS

MLS Number: 200051112

San Diego MLS

APN: 567-052-03-00

California San Diego County Chula Vista 91910 Downtown Chula Vista

268 Ash Ave, Chula Vista, CA

Not Listed for Sale

MultiFamily

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