$1,575,000
PENDING

Estimated payment $10,115/month

Total Views 23,011
6 Beds
3 Baths
2,250 Sq Ft
$700 Price per Sq Ft

Highlights

  • No HOA
  • No Heating
  • 1-Story Property

About This Home

Rate too high? Seller is willing to provide a closing cost credit to help buy down your rate and reduce your monthly payment! Exceptional three-unit investment opportunity situated on a corner lot in a prime, centrally located area of Chula Vista. This unique property offers strong current income with significant value-add and mixed-use potential. The front unit features a 3-bedroom, 1-bath layout with mixed-use capability, providing flexibility for residential, commercial, or redevelopment possibilities (buyer to verify). The middle unit is a brand-new 1-bedroom, 1-bath, recently constructed and move-in ready. The rear unit consists of a 2-bedroom, 1-bath, completing a versatile and well-balanced unit mix. Located less than a mile from Downtown Chula Vista, the property benefits from proximity to shopping, dining, public transportation, and major redevelopment projects. Conveniently close to the Gaylord Pacific Resort & Convention Center, this area continues to see strong growth, making it an ideal long-term investment. With zoning flexibility, a corner lot footprint, and a desirable unit mix, this property presents a rare opportunity for investors, developers, or owner-users seeking both immediate income and future upside. Multiple exit strategies available in one of Chula Vista's fastest-evolving locations.

Listing Agent

Erick Ciprian

Premier Agency R.E. Inc Brokerage Email: ciprianhomes@gmail.com License #01826437 Listed on: 04/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,835 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 01091
  • Tax Tract Number 505
  • Assessor Parcel Number 5680431300

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $228
  • Trash Expense $45
  • Water Sewer Expense $3
  • Gross Income $118,000
  • Net Operating Income $112,059

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

5,835 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 6.80
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 3.00
  • Zoning: R-3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5680431300
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 700.00

Exterior Features

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

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 45.00

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5835.00
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 118000.00
  • Gross Scheduled Income: 118000.00
  • Insurance Expense: 228.00
  • Lot Size Area: 5835.0000 Square Feet
  • Net Operating Income: 112059.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5941.00
  • Rent Control: No

Tax Info

  • Tax Lot: 01091
  • Tax Tract Number: 000505

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 Pending -- -- --
04/06/2026 04/06/26 For Sale $1,575,000 -- $700 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2602534

California Regional Multiple Listing Service (CRMLS)
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