NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
0.54 Acre Lot

Sale Details

Date Sold: June 10, 2019

Last sale price $1,475,000

116 Days on Market

Highlights

  • 0.54 Acre Lot
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Views

About This Home

As of June 2019

INVESTMENT OPPORTUNITY!!! Do not let this one pass you up. 4 remodeled cottages from head to toe. Roofs, windows, flooring, stucco, paint, kitchens, bathrooms. Make a GREAT RETURN ON YOUR MONEY and that IS NOT THE BEST PART. The BEST PART is that you could BUILD an additional 10 units on this expansive 1/2 ACRE LOT. Only a few blocks away from the BILLION DOLLAR development on the Chula Vista waterfront. You basically get the land to build for free. Neighborhoods: Chula Vista Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 277A Unit # for Unit 2: 277B Unit # for Unit 3: 277C Unit # for Unit 4: 277D Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Eliel Guerrero

Millennium Financial & Realty License #01362897 Listed on: 01/03/2019

Last Buyer's Agent

Santiago Calvillo

Mr Agent RE License #00993090

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.54

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 23,464 Sq Ft Lot
  • Property Views

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5670801300

Community Details

Overview

  • 4 Units
  • nk

Building Details

  • Net Operating Income $84,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.54 Acres

Listing Details

  • CapRate: 6.00
  • Park Name: nk
  • Subdivision Name Other: Chula Vista
  • View: Yes
  • Zoning: R-3:RESTRI
  • Property Type: Residential Income
  • Parcel Number: 5670801300
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Electric, Natural Gas

Lot Info

  • Lot Size Sq Ft: 23464.00
  • Lot Size Acres: 0.5400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 99960.00
  • Lot Size Area: 23464.0000 Square Feet
  • Net Operating Income: 84160.00
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
May 10, 2019
Sold by
Bought by
Seller's Agent
Eliel Guerrero
Millennium Financial & Realty
Buyer's Agent
Santiago Calvillo
Mr Agent RE
List Price
$1,395,000
Sold Price
$1,475,000
Premium/Discount to List
$80,000
5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Outstanding Balance
$866,969
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2019
Sold by
Bought by

Purchase Details

Closed on
May 22, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,900
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
May 10, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,900
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 13, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Chula Vista, CA

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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 Buyer Sale Price Title Company
-- Ticor Title Sd Commercial
$1,475,000 Ticor Title San Diego Branch
$4,425,000 Ticor Title Sd Commercial
$862,500 Ticor Title Sd Commercial
-- None Available
-- --
Source: Public Records

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 Borrower Loan Amount
Open $1,005,000
Previous Owner $769,900
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
06/10/2019 06/10/19 Sold $1,475,000 +5.7% --
04/29/2019 04/29/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,395,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,589 $1,678,292 $1,251,609 $426,683
2025 $18,899 $1,645,385 $1,227,068 $418,317
2024 $18,899 $1,613,123 $1,203,008 $410,115
2023 $18,644 $1,581,494 $1,179,420 $402,074
2022 $18,109 $1,550,486 $1,156,295 $394,191
2021 $17,689 $1,520,085 $1,133,623 $386,462
2020 $17,265 $1,504,500 $1,122,000 $382,500
2019 $10,044 $879,444 $591,600 $287,844
2018 $1,638 $139,847 $86,067 $53,780
2017 $10 $137,106 $84,380 $52,726
2016 $1,563 $134,419 $82,726 $51,693
2015 $1,541 $132,401 $81,484 $50,917
2014 $1,517 $129,808 $79,888 $49,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190000743

California Regional Multiple Listing Service (CRMLS)

APN: 567-080-13-00

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