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462 Third Ave Chula Vista, CA 91910
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Key Details
Sold Price $1,299,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2207582
Lot Size 5,169 Sqft
Property Description
Development opportunity in a prime location! This 4-unit property is in the highly desired area of the Third Avenue Village District. Walk to restaurants, coffee shops, breweries, the park, Chula Vista Mall and much more! Located in a "Transit Focus Area": New zoning allows construction of 20 to 30 units and some parking variances. Ideal 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. Near the current $1.1B Chula Vista Bayfront development.
Development opportunity in a prime location! This 4-unit property is in the highly desired area of the Third Avenue Village District. Walk to restaurants, coffee shops, breweries, the park, Chula Vista Mall and much more! Located in a "Transit Focus Area": New zoning allows construction of 20 to 30 units and some parking variances. Ideal 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. Near the current $1.1B Chula Vista Bayfront development.
Location
State CA
County San Diego
Area Chula Vista (91910)
Zoning Assessor
Building
Lot Description Sidewalks
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Loyda Yu • Century 21 Award