51 Garrett Ave Chula Vista, CA 91910
North Chula Vista NeighborhoodEstimated payment $9,983/month
Highlights
- No HOA
- No Heating
- 1-Story Property
- Laundry Room
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 Room
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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $1,575,000 | -- | $700 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2602534
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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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