$820,000
SOLD NOV 26, 2024

463 Park Way Chula Vista, CA 91910

Downtown Chula Vista Neighborhood
3 Beds
2 Baths
-- Sq Ft
7,438 Sq Ft Lot

Recently Sold

6% Above List Price

5 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 4-minute walk to Memorial Park

About This Home

As of November 2024

We are excited to present this unique investment opportunity featuring two single-family homes on one lot, located in a great neighborhood lined with sidewalks, just a block and a half from the iconic Third Ave Chula Vista Village Sign. In addition to its prime location, the property is just minutes from the Chula Vista Bayfront Redevelopment Project and the future convention center, adding value and growth potential to the area. The back home is a charming 2-bedroom, 1-bath, complete with a private garage featuring washer and dryer hookups for added convenience. The front home is a cozy 1-bedroom, 1-bath, boasting a large side yard and an expansive front yard, ideal for outdoor activities, landscaping, or possibly expansion. Additionally, this well-maintained property has been recently updated with NEW roofs and fresh exterior paint using TEX-COTE, ensuring long-lasting quality and reduced maintenance needs.

Last Agent to Sell the Property

Doug Taber

Keller Williams Realty License #01920184 Listed on: 10/24/2024

Keller Williams Realty

Last Buyer's Agent

Jorge Castellon

Compass License #01513716

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,438 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for trash, water, electricity, gardener, gas/propane
  • Assessor Parcel Number 568-261-23-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Chula Vista Community

Building Details

  • Net Operating Income $34,737

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 4th & Park Way
  • Neighborhood: Downtown Chula Vista
  • Stories: 1 Story
  • Sale Price List Price: 1.06
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Chula Vista
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 568-261-23-00
  • Estimated Lot Sq Ft: 7438
  • Estimated Number of Acres: 0.17

Rental Info

  • Tenant Pays: Trash, Water, Electricity, Gardener, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 34737
  • Gross Rent Multiplier Actual: 15.8
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $820,000 +5.8% --
10/30/2024 10/30/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $775,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Doug Taber

    Keller Williams Realty

    Section Image
  • Jorge Castellon

    Buyer's Agent in 2024

    Jorge Castellon

    Compass

    (619) 322-2262

    2 in this area

    54 Total Sales

    Jorge Castellon
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240025248

San Diego MLS

APN: 568-261-23-00

California San Diego County Chula Vista 91910 Downtown Chula Vista

463 Park Way, Chula Vista, CA

This home is located at 463 Park Way, Chula Vista, CA 91910 and is currently priced at $820,000. This property was built in 1950. 463 Park Way 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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