$1,500,000

Estimated payment $9,824/month

Total Views 991
-- Bed
-- Bath
3,150 Sq Ft
$476 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • No Heating
  • Private Yard
  • Laundry Room

About This Home

Chula Vista fourplex. Excellent opportunity to add to your portfolio or live in one while generating income from the rest. Each unit is 2 bed/1 bath with solid rental appeal. Property features a carport, long driveway, and sits on a spacious lot near local dining, schools, and transit. Just minutes from the charm of Third Avenue.

Listing Agent

Christina Rounds

Encore Realty Brokerage Email: crounds@encorerealtysd.com License #01861996 Listed on: 06/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Lawn
  • Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • No Heating

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2279
  • Assessor Parcel Number 5731300400
  • $47 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,500
  • Water Sewer Expense $2,500
  • New Taxes Expense $16,500
  • Operating Expense $29,380
  • Gross Income $58,800
  • Net Operating Income $29,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 1.96
  • Price Per Unit: 375000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2500.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5731300400
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 476.19

Exterior Features

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

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1500.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Near Public Transit, Yard
  • Lot Size Sq Ft: 7840.80
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 110400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 0.1800 Acres
  • Net Operating Income: 29420.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 29830.00
  • Rent Control: No
  • Total Expenses: 29380.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Lot: 4
  • Tax Tract Number: 002279
  • TaxOtherAnnualAssessmentAmount: 46.58

Map

Range of Values:

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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 Change Sq Ft Price
06/27/2025 06/27/25 For Sale $1,500,000 -- $476 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2504825

California Regional Multiple Listing Service (CRMLS)

APN: 573-130-04-00