462-64 3rd Avenue, Chula Vista, CA 91910

$1,100,000
4
BD
4
BA
53,120
SqFt
List Price
$1,100,000
Price Change
▼ $50,000 1631579064
Status
PENDING
MLS#
210022876
Bedrooms
4
Bathrooms
4
Living Sq. Ft
53,120
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
5,169
Complex/Building Name
3rd Ave
Property Type
Multifamily
Year Built
1957

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.

Additional Information

Building Name
3rd Ave
Cooling
N/K
Frontage
N/K
Gross Rent Multiplier Actual
16
Gross Rent Multiplier Project
14
Gross Scheduled Income Actual
65400
Heat Equipment
Wall/Gravity
Heat Source
Electric
Living Area
53,120
Lot Size
5,169
Lot Size Range
4,000-7,499 SF
Neighborhood
Downtown Chula Vista
Roof
Composition
Stories
1 Story
Style
Res Income 2-4 Units
Tenant Pays
Cable TV
Year Built
1957

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of South Coast Commercial, Inc.

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