404 Palm Avenue, Chula Vista, CA 91911

$3,600,000
List Price
$3,600,000
Status
ACTIVE
MLS#
PTP2404211
Lot Size(Range)
.5 to 1 AC
Lot Size(apprx.)
42,688
Property Type
Multifamily

Property Description

Incredible opportunity to own six separate single homes in Chula Vista. All six houses are located on almost one acre lot (0.98 acre = 42,688 sqft). Each house has 3 bedrooms, 2 baths, 2 car garage. Each house has front yard and back yard. Each house has its own electric & water meters. Laundry hook-up in each garage. Recently new remodeled and new upgrades. Monthly rent is very low $19,000 a month, could be $21,000 a month or more. Only $600,000 for each house. ($3,600,000 : 6 = $600,000). Monthly rent as follow: Unit 404 Palm = $2700, Unit 406 Palm = $2900, Unit 408 = $3200, Unit 410 = $3200, Unit 412 Palm = $3500, Unit 414 = $3500. Also, Property has 5 extra parking spaces, each parking space is rented for $25 as extra monthly income. Please submit offers with pre-approval letters and proof of fund. Seller is R.E license. Buyer & buyer agents to verify all prior to COE.

Additional Information

Lot Size
42,688
Lot Size Range
.5 to 1 AC
Neighborhood
Chula Vista
Style
Res Income 2-4 Units

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sang Pham (619-992-9939) from Listing Office: Prime Coast Realty & Mortgage.

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