51 Garrett Ave Chula Vista, CA 91910
North Chula Vista NeighborhoodEstimated payment $10,115/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: PTP2602534
- 75 Third Ave Unit 20
- 149 4th Ave Unit 17
- 279 D St
- 166 Third Ave Unit 4
- 438 D St
- 178 4th Ave Unit 2
- 136 Brightwood Ave
- 225 Landis Ave
- 11 Via Barberini Unit 56
- 86 Corso di Italia Unit 157
- 242 E St
- 102 5th Ave
- 29 5th Ave
- 134 5th Ave
- 160 N Del Mar Ave
- 201 Twin Oaks Ave Unit 2
- 160 E St
- 1100 Industrial Ave
- 170 E St Unit D5
- 569 E St Unit 30
Ask me questions while you tour the home.