$980,000
SOLD NOV 4, 2024

411 G St Chula Vista, CA 91910

Downtown Chula Vista Neighborhood
3 Beds
3 Baths
-- Sq Ft
3,351 Sq Ft Lot

Recently Sold

10% Below List Price

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

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
  • Annual Expense Actual: 21928
  • Gross Rent Multiplier Actual: 14.8
  • Gross Rent Multiplier Projected: 13.8
  • Gross Sched Income Actual: 73740
  • Gross Sched Income Projected: 79020
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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 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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Cairo

    Seller's Agent in 2024

    Adam Cairo

    Starker West, Inc.

    (619) 300-0173

    1 in this area

    39 Total Sales

    Adam Cairo
    Section Image
  • Seth Watje

    Seller Co-Listing Agent in 2024

    Seth Watje

    Starker West, Inc.

    (619) 358-3748

    1 in this area

    34 Total Sales

    Seth Watje
    Section Image
  • Heejung Petri

    Buyer's Agent in 2024

    Heejung Petri

    Coldwell Banker West

    (619) 517-8820

    1 in this area

    14 Total Sales

    Heejung Petri
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240019399

San Diego MLS
California San Diego County Chula Vista 91910 Downtown Chula Vista

411 G St, Chula Vista, CA

This home is located at 411 G St, Chula Vista, CA 91910 and is currently priced at $980,000. This property was built in 1941. 411 G St is a home located in San Diego County with nearby schools including Vista Square Elementary School, Chula Vista Middle School, and Chula Vista High School.

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