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Unlock Premier Investment! Seize this meticulously maintained 4-plex, boasting a new roof (installed 2025), and poised to deliver substantial returns of $120,000 annual gross income potential. Enjoy streamlined management thanks to individual water sub-meters allowing tenants to pay their own water/sewer, plus tenants directly paying their own trash, minimizing your responsibilities to property taxes, insurance, maintenance and landscaping. Benefit from a dedicated on-site storage closet for efficient operations. The property features three spacious, updated 2-bedroom, 1-bathroom units and a versatile studio, ensuring strong tenant appeal. Each unit has been thoughtfully refreshed over the last decade, with the latest renovation on Unit B completed last year. Modern convenience is key, with each unit boasting private patios equipped with washer and dryer hookups. The detached home offers flexible parking options including potential boat or RV parking or space for up to 5 cars plus a 1-car garage, while each of the other three units features 2 parking spots each. Strategically located in a highly sought-after neighborhood, this income-generating asset offers unparalleled access to the vibrant pulse of Downtown Chula Vista and is ideally situated near the transformative $10 billion Bayfront development – promising significant future growth and desirability. Don't miss this exceptional opportunity to acquire a robust, income-producing property in a prime location, perfectly positioned for both stable returns and long-term appreciation. Prime Chula Vista Investment Opportunity Near Downtown & the Future Bayfront! Discover a meticulously cared-for 4-unit property offering a blend of strong income potential and simplified ownership in a dynamic location. Comprising three spacious 2-bedroom, 1-bathroom apartments and a versatile studio, this investment offers a strong potential for approximately $120,000 in annual gross income. The property's efficient management is facilitated by individual water sub-meters and tenant-paid trash, streamlining landlord responsibilities to property taxes, insurance, and groundskeeping. A dedicated on-site storage closet offers practical space for landlord needs. Enjoy the peace of mind that comes with consistently updated units. Each of the four residences has been thoughtfully improved over the past decade, ensuring tenant satisfaction and minimizing immediate renovation needs. The recent upgrade to Unit B in the last year highlights this ongoing care. Each unit also offers the convenience of in-unit laundry hookups on private patios. Located just moments from the energetic pulse of Downtown Chula Vista and in close proximity to the groundbreaking $10 billion Chula Vista Bayfront project, this property offers residents unparalleled access to future amenities and growth. Parking is also well-accommodated, with each of the three 2-bedroom units featuring 2 dedicated spaces, and the detached unit offering significant flexibility, including potential RV parking or space for up to 5 vehicles plus a 1-car garage. Secure this solid income-producing asset in a location primed for appreciation.
Property Type(s):
Residential Income
| Last Updated | 4/25/2025 | Tract | Chula Vista |
|---|---|---|---|
| Year Built | 1960 | Community | Chula Vista |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | Chula Vista |
| HEAT | Electric, See Remarks |
| HOA DUES | 0 |
| LOT | 8493 sq ft |
| LOT DESCRIPTION | Sprinkler System |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | Chula Vista |
| VIEW | Yes |
Location
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Listed with David T. Mejia
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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