Estimated payment $8,187/month
Highlights
- 0.55 Acre Lot
- Laundry Room
- 1-Story Property
- No HOA
- No Heating
About This Home
Exceptional investment and development opportunity in the heart of Chula Vista! This centrally located property sits on a generous 24,114 sq. ft. lot and currently features a duplex with a 3-bedroom, 1-bath front unit and a 1-bedroom, 1-bath back unit, totaling 2,044 sq. ft. of living space. The property is in the process for approved for 48 residential units. Construction initiation is anticipated within the next 3–4 months, making this an ideal project for developers looking to capitalize on one of the fastest-growing areas in San Diego County. Currently zoned R-3 and fully re-designated for higher density, the site offers maximum flexibility and significant upside potential. Investors can benefit from current rental income while finalizing plans and preparing for the build. The prime central location ensures excellent connectivity to freeways, shopping, dining, schools, and public transit. Whether you’re looking to develop a high-yield multifamily project or hold a large piece of Chula Vista’s urban core, 691 G Street offers the recombination of immediate income and long-term growth potential. Financing is available, allowing you to secure the property now and proceed toward groundbreaking with entitlements in place. Don’t miss this chance to own and develop a premier property in one of Southern California’s most desirable markets.
Listing Agent
Premier Agency R.E. Inc Brokerage Email: ciprianhomes@gmail.com License #01826437 Listed on: 10/28/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2000
Lot Details
- 24,114 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,044 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 01000
- Tax Tract Number 505
- Assessor Parcel Number 5670902900
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $70,800
- Net Operating Income $65,844
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,391 | $641,966 | $546,820 | $95,146 |
| 2024 | $7,391 | $629,380 | $536,099 | $93,281 |
| 2023 | $7,291 | $617,040 | $525,588 | $91,452 |
| 2022 | $7,082 | $604,942 | $515,283 | $89,659 |
| 2021 | $6,918 | $593,081 | $505,180 | $87,901 |
| 2020 | $6,752 | $587,000 | $500,000 | $87,000 |
| 2019 | $6,645 | $581,400 | $397,800 | $183,600 |
| 2018 | $6,543 | $570,000 | $390,000 | $180,000 |
| 2017 | $1,795 | $161,564 | $87,562 | $74,002 |
| 2016 | $1,750 | $158,397 | $85,846 | $72,551 |
| 2015 | $1,725 | $156,019 | $84,557 | $71,462 |
| 2014 | $1,695 | $152,964 | $82,901 | $70,063 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | Price Changed | $1,399,000 | -6.7% | $684 / Sq Ft |
| 03/19/2026 03/19/26 | Price Changed | $1,499,000 | -5.7% | $733 / Sq Ft |
| 03/11/2026 03/11/26 | Price Changed | $1,590,000 | -0.6% | $778 / Sq Ft |
| 10/28/2025 10/28/25 | For Sale | $1,600,000 | -- | $783 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2508134
APN: 567-090-29-00
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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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