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$1,100,000
Est. payment /mo
6,263 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 2601195SD
HOA Y/N No
Year Built 1944
Lot Size 6,263 Sqft
Property Description
This 3-unit property for sale, situated at 210-212 Del Mar Ave., is located in an excellent north Chula Vista neighborhood. There is approximately 21% upside potential in rental income for this investment. The unit mix includes a charming 2-bedroom/1-bathroom detached house, a duplex with two 1-bedroom/1-bathroom units, and a detached single-car garage located in the alley. In addition, residents share three on-site parking spaces. 1944 year built, 1,688 sq. ft., with a 6,266 sq. ft. lot per title. The real estate is in proximity to major freeways, downtown San Diego, San Diego Bay, and the Bayfront redevelopment. For savvy investors, there's a possibility to build a 4th unit (ADU) at the back of the parcel. This would further increase income-generating possibilities and add exceptional value in the long term. An opportunity exists here to own a rental property in one of the best rental communities San Diego has to offer.
Location
State CA
County San Diego
Area 91910 - Chula Vista
Zoning R-3
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5680721900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/2601195
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Listed by Matt Robinson MD Real Estate, Inc
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