Estimated payment $6,892/month
Highlights
- No HOA
- Landscaped
- 3-minute walk to Memorial Park
- Laundry Room
- No Heating
About This Home
Updated triplex in a prime Chula Vista location offering an excellent investment opportunity. This well-maintained property features a versatile unit mix, including one studio, one one-bedroom/one-bathroom unit, and one two-bedroom/one-bathroom unit with a den, appealing to a wide range of tenants. With rental income closely aligned to current market rates, the property presents strong cash flow potential along with long-term appreciation. Additional highlights include convenient on-site laundry and ample off-street parking for residents. Ideally situated near shopping, dining, and major transportation routes, the property benefits from consistent rental demand. Located in an area experiencing significant growth, including the highly anticipated Chula Vista Bayfront development and ongoing neighborhood revitalization, this property is well-positioned for future upside. A great opportunity for investors or owner-occupants looking to generate income and build equity in one of Chula Vista’s evolving communities. Photos may include virtual enhancements, including removal of personal belongings. Buyers are advised to verify the property condition in person.
Listing Agent
Coldwell Banker West Brokerage Phone: 619-517-8820 License #02209755 Listed on: 04/10/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 3,351 Sq Ft Lot
- Two or More Common Walls
- Landscaped
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,271 Sq Ft Home
- 2-Story Property
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- No Heating
Listing and Financial Details
- Tax Lot /9
- Tax Tract Number 505
- Assessor Parcel Number 5682632400
- $604 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- New Taxes Expense $13,200
- Operating Expense $26,265
- Gross Income $76,754
- Net Operating Income $47,193
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,241 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $1,100,000 | +12.2% | $865 / Sq Ft | |
| 11/04/2024 11/04/24 | Sold | $980,000 | -1.9% | -- | View Prior Sale |
| 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: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2602674
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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