Excellent investment opportunity in Chula Vista! This versatile income property features three total units: a detached 2-bedroom, 1-bath single-family home plus a duplex offering two 2-bedroom, 1-bath units. Two of the 3 units are occupied by long-term tenants with upside to increase rents to current market rents in future. Owner… Read More has managed & owned property for 40 yrs plus. The property has seen recent upgrades, including updated kitchens and bathrooms and fresh exterior paint, enhancing both curb appeal and tenant satisfaction. An on-site laundry area adds convenience and additional value for residents. With strong rental history, low turnover, and solid layout, this multi-unit property is ideal for investors seeking dependable returns in a desirable South Bay location. FHA and VA terms being offered as an option to purchase, live in one and rent the other units to help offset mortgage. Read Less
Listing Snapshot
Days Online
59
Last Updated
Lot Size
0.19 Acres
Year Built
1950
MLS Number
PTP2601206
Additional Details
Building
Built in 1950, 2 buildings, 1 storey, Entry level: 1, Entry location: 1
Community
Suburban
Expenses
Trash: $715, Water/Sewer: $985
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $57,900, Net Operating Income: $56,200
Laundry
CommonArea, LaundryRoom
Lot
0.1865 acres, Level, StreetLevel
Parking
5 open parking spaces, 5 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Parcel Number: 6232214700, Lot: 124445, Zoning: Single family, Multi -fam
Utilities
3 separate electric meters, 3 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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