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$1,800,000
Est. payment /mo
0.99 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 250026772SD
HOA Y/N No
Year Built 1958
Lot Size 0.990 Acres
Property Description
Attention INVESTORS/DEVELOPERS! This 0.99-acre (43,124 SqFt) property features two separate duplexes, each with two bedrooms and one bathroom, situated at the front of a level lot. The rear portion offers substantial development potential. Each unit includes a fenced yard, off-street parking for two vehicles (two units have carports), and access to a shared coin-operated laundry room. All units are rented, generating approx. \$8K–\$9K/month. Termite tenting and extensive cleanup were completed in 2024–2025. Currently zoned R-15P, the duplexes are a legal non-conforming use, annexed into Chula Vista in the early 1990s. A 1991 tentative map proposes six lots: two for the existing duplexes and four additional residential lots at the rear. Under current zoning, each new lot may allow a single-family home, ADU, and Jr. ADU. In 2024, a pre-application to rezone to R-3 (Apartment Residential) received favorable feedback from the City, outlining a 6–12 month process with required surveys and planning. A variance to R-2 or R-3 may also be considered, subject to city approval. A water line and fire hydrant are already installed at the rear to facilitate development. Buyer must be prepared to purchase the property in as-is condition, including all on-site items and tenants to convey at the close of escrow —tenant's personal belongings do not convey.
Location
State CA
County San Diego
Area 91911 - Chula Vista
Building/Complex Name None
Interior
Heating Natural Gas
Cooling None, Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Pool None
View Y/N Yes
View None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 6240510800
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/250026772
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Listed by Jamie Hopkins Team Metro
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