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.
MLS# | 250026772SD |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 12 |
Listing Provided By | Team Metro 619-778-8888 | Jamie Hopkins |
Story(s) | 1 |
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Units | 4 |
Building(s) | 2 |
Acreage | 0.99 |
Property View | Yes |
State | CA |
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County | San Diego |
City | Chula Vista |
Zip Code | 91911 |
Area | 91911 Chula Vista |
Community Name | Chula Vista |
Listing VS Median (in Chula Vista) | |
Price: $1,800,000 low | high Med: $809,000 On site: 12 low | high Med: 32.000000 |