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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2400306
Sold Date 02/21/24
Bedrooms 8
HOA Y/N No
Lot Size 0.990 Acres
Lot Dimensions 307.52 x 139.99
Property Description
ATTENTION INVESTORS/DEVELOPERS!! 4 UNITS: 2 separate duplexes, all 2 bedrooms on a huge level .99 acre, 43,124 sq ft lot!! Unique-rare property LOTS OF DEVELOPMENT POTENTIAL!! A Land Bank investment! Current zoning is R15P: see sellers Tentative Subdivision Map from 1991 in "attached documents" or photos; proposing 6 separate lots; each existing duplex on separate lots (2 lots), plus 4 new residential lots at rear. Or consider: requesting a zoning variance for R-2 duplex lots, or R-3 multi family units options? (all subject to City of Chula Vista approval). Seller installed water supply line/fire hydrant at rear lot for future development. All units-large fenced yards. Each duplex has carport for 2 spaces + lots of parking. Laundry room w/coin-op W/D. Property/units need basic repairs/upgrades. List price under Estate Appraisal to attract ALL CASH BUYER accepting property in "as is" condition including all storage items on lot at close of escrow.
ATTENTION INVESTORS/DEVELOPERS!! 4 UNITS: 2 separate duplexes, all 2 bedrooms on a huge level .99 acre, 43,124 sq ft lot!! Unique-rare property LOTS OF DEVELOPMENT POTENTIAL!! A Land Bank investment! Current zoning is R15P: see sellers Tentative Subdivision Map from 1991 in "attached documents" or photos; proposing 6 separate lots; each existing duplex on separate lots (2 lots), plus 4 new residential lots at rear. Or consider: requesting a zoning variance for R-2 duplex lots, or R-3 multi family units options? (all subject to City of Chula Vista approval). Seller installed water supply line/fire hydrant at rear lot for future development. All units-large fenced yards. Each duplex has carport for 2 spaces + lots of parking. Laundry room w/coin-op W/D. Property/units need basic repairs/upgrades. List price under Estate Appraisal to attract ALL CASH BUYER accepting property in "as is" condition including all storage items on lot at close of escrow.
Location
State CA
County San Diego
Area Chula Vista (91911)
Zoning Appraiser
Building
Story 1
Others
Monthly Total Fees $142
Acceptable Financing Cash
Space Rent $1,295
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jamie Hopkins • Team Metro