NOT LISTED FOR SALE
6 Beds
3 Baths
3,027 Sq Ft
8,575 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $1,650,000 $545 Per Sq Ft

50 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • No Heating
  • Cooling Available

About This Home

As of December 2023

Amazing property in an excellent Chula Vista location, close to a mall, restaurants, schools, and theater. Advantageously located only 1.7 miles from the current Billion Dollar Bayfront Redevelopment. The Chula Vista Marina is scheduled to become a thriving recreational, residential and resort destination to be open in the summer of 2025! The front unit has 3 bedrooms, a den, and 2 full baths, new patio including new concrete steps, remodeled bathroom, upgraded sub panel, and A/C Mini-split. Comprehensive and exquisite renovations to the 2 apartments located in the back of the property, unit #B with 2 bedrooms, 1 full bath and A/C Mini-split. Unit #C was fully remodel with 2 bedrooms, 2 full baths, waterproof balcony, custom wood closet, custom built deck, gas tankless water heater, washer and dryer, HVAC system, and network connections throughout apartment. It is fenced in with its own private RV parking, garage and outdoor kitchen for those gathering with friends and family, with a mature avocado tree to make delicious guacamole! New roof, New stucco, new paint! THIS IS A MUST SEE PROPERTY!!!

Last Agent to Sell the Property

Emma Leos

Coldwell Banker West License #01355182 Listed on: 09/07/2023

Coldwell Banker West

Last Buyer's Agent

Mike Castro

Homequest Real Estate License #01314556

Homequest Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,575 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Triplex
  • Entry on the 2nd floor

Interior Spaces

  • 3,027 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tax Lot 573-140-01-00
  • Tax Tract Number 505
  • Assessor Parcel Number 5731400100
  • $37 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,285
  • Water Sewer Expense $5,640
  • New Taxes Expense $8,699
  • Operating Expense $17,624
  • Gross Income $101,880
  • Net Operating Income $84,256

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 5.10
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5640.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5731400100
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 2
  • Price Per Square Foot: 545.09

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8575.00
  • Lot Size Acres: 0.1969

Multi Family

  • Gross Income: 101880.00
  • Gross Scheduled Income: 101880.00
  • Insurance Expense: 3285.00
  • Lot Size Area: 8575.0000 Square Feet
  • Net Operating Income: 84256.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 17624.00
  • Rent Control: No
  • Total Expenses: 17624.00

Tax Info

  • New Taxes Expense: 8699.00
  • Tax Lot: 573-140-01-00
  • Tax Tract Number: 000505
  • TaxOtherAnnualAssessmentAmount: 37.08
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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 Prior Sale
12/18/2023 12/18/23 Sold $1,650,000 0.0% $545 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $1,650,000 0.0% $545 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $1,650,000 +200.0% $545 / Sq Ft
04/18/2016 04/18/16 Sold $550,000 0.0% -- View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $550,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,325 $1,683,000 $1,020,000 $663,000
2024 $19,325 $1,650,000 $1,000,000 $650,000
2023 $8,957 $758,251 $295,833 $462,418
2022 $8,699 $743,384 $290,033 $453,351
2021 $8,498 $728,809 $284,347 $444,462
2020 $8,295 $721,337 $281,432 $439,905
2019 $7,580 $663,224 $275,914 $387,310
2018 $7,463 $650,220 $270,504 $379,716
2017 $6,435 $561,000 $265,200 $295,800
2016 $1,204 $110,384 $31,011 $79,373
2015 $1,187 $108,727 $30,546 $78,181
2014 $1,166 $106,598 $29,948 $76,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2304361

California Regional Multiple Listing Service (CRMLS)

APN: 573-140-01-00