NOT LISTED FOR SALE

Estimated Value: $867,000 - $972,878

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $970,000

Est. 5% decrease in value since last sale

Current estimated payment $5,865/month

6 Days on Market

About This Home

As of May 2023

Pleased to present for sale 382 K St - a beautifully remodeled duplex with room to build additional units in the heart of Chula Vista. This property is a great opportunity for an owner-user or investor. The Unit mix consists of a 2Br/1Ba unit and a 1Br/1Ba unit currently rented for $2600 and $1,895 consecutively. The large back portion of the lot lends itself to development upside by building more units, or you can landscape a beautiful yard and additional parking area for tenants to enjoy. The property is just a short walk to the shops, restaurants and bars on 3rd Ave. The Chula Vista Bayfront development is underway with the Gaylord Resort and Convention Center on track to open in July 2025. Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

Last Agent to Sell the Property

Adrian Gonzalez

Bridgepoint Realty Inc License #01844618 Listed on: 03/21/2023

Co-Listed By

Alexio Barbara

Bridgepoint Realty Inc License #01992393

Last Buyer's Agent

Jorge De La Torre

Premier Agency R.E. Inc License #02066672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,069

Year Built

  • Built in 1954

Lot Details

  • 6,534

Additional Features

  • 1-Story Property
  • Level Lot

Community Details

  • 2 Units
  • Net Operating Income $37,793

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 573-420-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,069

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 4th Ave
  • Neighborhood: Chula Vista
  • Supplement: Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
  • Stories: 1 Story
  • Sale Price List Price: 1.08
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 573-420-05-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 37793
  • Annual Expense Actual: 15693
  • Gross Rent Multiplier Actual: 16.2
  • Gross Sched Income Actual: 55140
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
  • Other Income Actual: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Zamorano Debustamante Evelia and Bustamante Medina Javier
Bought by
382 K Ave Llc
Current Estimated Value
$919,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Outstanding Balance
$264,563
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$654,657

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 12, 2023
Sold by
Monroe Street Llc
Bought by
382 K Ave Llc
Seller's Agent
Adrian Gonzalez
Bridgepoint Realty Inc
Buyer's Agent
Jorge De La Torre
Premier Agency R.E. Inc
List Price
$895,000
Sold Price
$970,000
Premium/Discount to List
$75,000
8.38%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.17%
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2022
Sold by
Kuo Family Trust
Bought by
Monroe Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2017
Sold by
Kuo Frauke
Bought by
Kuo Frauke G

Purchase Details

Closed on
Jul 16, 1991
Bought by
Kuo Frauke
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
382 K Ave Llc -- Socal Title Company
Debustamante Evelia Zamorano -- Socal Title Company
382 K Ave Llc $970,000 Wfg National Title
Monroe Street Llc $625,000 Wfg National Title
Kuo Frauke G -- None Available
Kuo Frauke $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debustamante Evelia Zamorano $265,500
Previous Owner 382 K Ave Llc $250,000
Previous Owner Monroe Street Llc $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2023 05/11/23 Sold $970,000 +8.4% --
03/28/2023 03/28/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $895,000 -- --
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 $12,069 $1,009,187 $807,350 $201,837
2024 $12,069 $989,400 $791,520 $197,880
2023 $7,385 $625,000 $500,000 $125,000
2022 $3,275 $278,251 $133,292 $144,959
2021 $3,200 $272,796 $130,679 $142,117
2020 $3,124 $270,000 $129,340 $140,660
2019 $3,043 $264,706 $126,804 $137,902
2018 $2,996 $259,517 $124,318 $135,199
2017 $2,934 $254,430 $121,881 $132,549
2016 $2,865 $249,442 $119,492 $129,950
2015 $2,825 $245,697 $117,698 $127,999
2014 $2,778 $240,885 $115,393 $125,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230005255

San Diego MLS

APN: 573-420-05