NOT LISTED FOR SALE

Estimated Value: $859,499 - $959,000

4 Beds
2 Baths
-- Sq Ft
7,066 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $795,000

Est. 13% increase in value since last sale

Current estimated payment $5,515/month

18 Days on Market

About This Home

As of December 2022

We are pleased to present the exclusive opportunity to acquire 728-30 Colorado Ave in Chula Vista, a duplex with nice curb appeal on a large lot. The property is comprised of one 2 two-bed/1 bath and one 2 bed/1 bath with an additional den off the primary bedroom. The property is ideally located near the heart of downtown Chula Vista with excellent proximity to the Marina, Bayside Park, and the new development between the City of Chula Vista and the Port of San Diego. This property features several highly sought-after features such as large front, side, and back yards, washer and dryer hookups, attached garages, off-street parking, and additional closets throughout. Sale includes a large shed! One of the units is ready for the new buyer to renovate to their liking. The property has new exterior paint, new garage doors, and new water heaters. • Large lot, with amenities that attract higher rents and more rental candidates, making it easier to rent. • Value-Add Opportunity – Possible rents are 38%-50% higher than currently rented for. • Owner holding one of the units for owner-occupant option and second unit is planned to move out later this year. • Excellent location – close to parks, pier, shopping, and easy access to commuter options. • Great curb appeal on the exterior and ready for new owner’s touch on the inside.

Last Agent to Sell the Property

Doug Taber

Keller Williams Realty License #01920184 Listed on: 11/18/2022

Keller Williams Realty

Last Buyer's Agent

David Olivera

CA-RES License #02164811

CA-RES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,430

Year Built

  • 1954

Lot Details

  • 7,066 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 571-181-06-00

Community Details

Overview

  • 2 Units
  • Chula Vista Community

Building Details

  • Net Operating Income $23,219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,430

Year Built

1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: J St
  • Neighborhood: Chula Vista
  • LP / Sq Ft: 20.2
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Chula Vista
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 571-181-06-00
  • Estimated Lot Sq Ft: 7066

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23219
  • Gross Rent Multiplier Actual: 20.1
  • Gross Rent Multiplier Projected: 14.1
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Flores Erik
Bought by
Eflores Trust and Flores
Current Estimated Value
$901,625

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 1, 2022
Sold by
Canotal Noe B and Canotal Rebecca
Bought by
Flores Erik
Seller's Agent
Doug Taber
Keller Williams Realty
Buyer's Agent
David Olivera
CA-RES
List Price
$795,000
Sold Price
$795,000
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$780,600
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2019
Sold by
Canotal Noe B
Bought by
Canotal Noe B and Canotal Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Canotal Noe B and Canotal Rebecca
Bought by
Canotal Noe B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 1998
Sold by
Canotal Noe B
Bought by
Canotal Noe B and Canotal Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 1993
Sold by
Canotal Roger B and Canotal Rhonda
Bought by
Canotal Noe B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,771
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1983
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eflores Trust -- None Listed On Document
Flores Erik $795,000 First American Title
Canotal Noe B -- Stewart Title Of Ca Inc
Canotal Noe B -- Fidelity National Title Co
Canotal Noe B -- Fidelity National Title
Canotal Noe B -- Union Land Title Company
-- $86,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Erik $780,600
Previous Owner Canotal Noe B $305,000
Previous Owner Canotal Noe B $157,000
Previous Owner Canotal Noe B $50,000
Previous Owner Canotal Noe B $139,771
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $795,000 0.0% --
12/07/2022 12/07/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $795,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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 $9,430 $827,116 $442,382 $384,734
2024 $9,430 $810,899 $433,708 $377,191
2023 $9,302 $795,000 $425,204 $369,796
2022 $2,279 $192,767 $103,101 $89,666
2021 $2,227 $188,988 $101,080 $87,908
2020 $2,174 $187,051 $100,044 $87,007
2019 $2,118 $183,384 $98,083 $85,301
2018 $2,086 $179,789 $96,160 $83,629
2017 $2,042 $176,265 $94,275 $81,990
2016 $1,994 $172,810 $92,427 $80,383
2015 $1,966 $170,215 $91,039 $79,176
2014 $1,934 $166,882 $89,256 $77,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220028346

San Diego MLS

APN: 571-181-06