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),… Read More 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. Read Less
Property listed by Team Metro, Jamie Hopkins 619-778-8888
Listing Snapshot
Days Online
90
Last Updated
Lot Size
0.99 Acres
Year Built
1958
MLS Number
250026772SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1958, 2 buildings, 1 storey, Levels: One
Community
Park Name: None
Cooling
None, WallWindowUnits
Fence
Partial
Heating
NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $97,392
Lot
0.99 acres
Pool
None
Roof
Composition
Taxes
Parcel Number: 6240510800
Tenant Pays
Electricity, Gas
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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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