NOT LISTED FOR SALE
3 Beds
3 Baths
-- Sq Ft
3,351 Sq Ft Lot

Last Sold November 04, 2024

Last sale price $980,000

59 Days on Market

About This Home

As of November 2024

This beautifully renovated triplex in the heart of Chula Vista, CA, offers a fantastic investment opportunity. The property features three distinct units with rents close to market rates, providing strong cash flow potential. The property is comprised of (1) Studio, (1) One Bedroom, One Bathroom and (1) Two Bedroom, One Bathroom with Den. Property Features: - Off-Street Parking: Ample parking space available for tenants. - On-Site Laundry: Convenient, shared laundry facilities on the property. Located in a sought-after Chula Vista neighborhood, this triplex is an excellent addition to any investor's portfolio, offering both immediate returns and long-term growth potential. Don’t miss out on this exceptional opportunity.

Last Agent to Sell the Property

Adam Cairo

Starker West, Inc. License #01948040 Listed on: 08/16/2024

Co-Listed By

Seth Watje

Starker West, Inc. License #01805453

Last Buyer's Agent

Heejung Petri

Coldwell Banker West License #02209755

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 3,351

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • 3,351 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 568-263-24-00

Community Details

Overview

  • 3 Units
  • Chula Vista Community

Building Details

  • Net Operating Income $49,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 4th Ave
  • Neighborhood: CV
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1941
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Chula Vista
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 568-263-24-00
  • Estimated Lot Sq Ft: 3351
  • Estimated Number of Acres: 0.08
  • Map Code Column: B
  • Map Code Page: 1310
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 49600
  • Gross Rent Multiplier Actual: 14.8
  • Gross Rent Multiplier Projected: 13.8
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
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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
11/04/2024 11/04/24 Sold $980,000 -1.9% --
10/15/2024 10/15/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $999,000 -8.1% --
09/17/2024 09/17/24 Price Changed $1,087,000 -0.1% --
08/31/2024 08/31/24 Price Changed $1,088,000 -0.1% --
08/16/2024 08/16/24 For Sale $1,089,000 -- --
Source: San Diego MLS

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 $8,188 $980,000 $719,823 $260,177
2024 $8,188 $605,790 $444,961 $160,829
2023 $7,024 $593,913 $436,237 $157,676
2022 $6,822 $582,269 $427,684 $154,585
2021 $6,664 $570,853 $419,299 $151,554
2020 $6,505 $565,000 $415,000 $150,000
2019 $6,179 $540,000 $189,000 $351,000
2018 $6,147 $535,000 $188,000 $347,000
2017 $6,138 $535,000 $188,000 $347,000
2016 $5,659 $495,000 $174,000 $321,000
2015 $5,209 $455,000 $160,000 $295,000
2014 $4,882 $425,000 $150,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240019399

San Diego MLS