462-64 3rd Ave., Chula Vista, CA 91910 - 210022876 - iPro Real Estate
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462-64 3rd Ave.
Chula Vista, CA 91910

Active, Multi-Family/Income Sale

For Sale

$1,100,000 $523.81 per sqft

Free Professional CMA

Listing ID : 210022876

  • Beds

    4

  • Baths

    4/0

  • Structure / Lot Size

    2,100 Sqft / 5,227 Sqft

  • Year

    1957

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.

Details

Type: Multi-Family/Income Sale 
Subdivision: Chula Vista 
MLS Area: South Bay 
County: San Diego 
Tax ID: 5684503000
Security Deposit: $76,800 
Pets Allowed: No
Building Name: 3rd Ave 
Building Size: 76,800 SqFt 
Cap Rate: 3% 
Net Operating Income: $42,062 
Days on Market: 659 
Appliances: Gas Water Heater, Range/Oven, Refrigerator 
Heating: Electric, Wall/Gravity 
Number of Units: 4 
Property Type: Residential Income 
Roof: Composition 
Sub Type: Multi Family 
Zoning: UC-2(Comm) 

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Interactive

32.635643 -117.078072 $1,100,000 210022876
462-64 3rd Ave., Chula Vista, CA 91910
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Area Information 91910

Population:

77,593 Up .05% since 2010
Average Income:
$111,946
Average Age:
37Years
Gender:
48.78%Male
51.22%Female
Households:
26,33334.89% with children
Average Value:
$768,155
Occupancy:
49.29%Owned
50.71%Rented
3.95%Vacant
Education:
21.59%High School
9.28%Associate
17.24%Bachelor
8.19%Graduate
Average Residency:
21Years
Crime Rate:
Average
Annual Rainfall:
10.84Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Below Average
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Dec 08, 2021
Transaction
Sold - Residential Income210022876
Price
$1,052,500
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Jeremiah Taylor with South Coast Commercial, Inc.