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    462 64 3rd Avenue

    Chula Vista, CA 91910
    • $1,100,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 210022876
    UPDATED: 45 min ago
    $1,100,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    LOCATION, LOCATION, LOCATION! This 4-unit property is in the highly sought after 3rd Avenue Village District of Chula Vista. Walk to restaurants, the park and the Chula Vista Mall. Located in a "Transit Focus Area": New zoning allows construction of 20 to 30 units and some parking variances. Great development property that allows developer to receive income while going through permitting process. Rents have upside across the board. Property consists of (1) commercial unit, (1) 2 bed/1 bath unit, & (2) 1 bed/1 bath units on a 5,169 SF lot. Sewer: Sewer Connected Unit # for Unit 1: 462 1/2 Unit # for Unit 2: 462 Unit # for Unit 3: 464 1/2 Unit # for Unit 4: 464 Number of Furnished Units: 0 Topography: LL

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T17:30:13.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
    www.debonishomes.com/homes/120395005
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    462 64 3rd Avenue Chula Vista, CA 91910

    • Price: $1,100,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 210022876
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1957
    Built
    Neighborhood:
    Chula Vista
    County:
    San Diego
    Area:
    91910 - Chula Vista
    Property Description
    LOCATION, LOCATION, LOCATION! This 4-unit property is in the highly sought after 3rd Avenue Village District of Chula Vista. Walk to restaurants, the park and the Chula Vista Mall. Located in a "Transit Focus Area": New zoning allows construction of 20 to 30 units and some parking variances. Great development property that allows developer to receive income while going through permitting process. Rents have upside across the board. Property consists of (1) commercial unit, (1) 2 bed/1 bath unit, & (2) 1 bed/1 bath units on a 5,169 SF lot. Sewer: Sewer Connected Unit # for Unit 1: 462 1/2 Unit # for Unit 2: 462 Unit # for Unit 3: 464 1/2 Unit # for Unit 4: 464 Number of Furnished Units: 0 Topography: LL
    Exterior Features

    Fencing Partial Parking Total 0 Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No

    Interior Features

    Appliances Gas Water Heater Cooling None Cooling YN No Heating Electric Heating YN Yes

    Property Features

    Association Fee 0 Cap Rate 3.82 Disclosures Incorporated Gross Scheduled Income 65400 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 42062 Possession Close Of Escrow Senior Community YN No Tenant Pays Cable Tv Zoning Uc-2(Comm)

    Listing provided courtesy of Jeremiah Taylor of South Coast Commercial, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T17:30:13.727. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
     
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