Listing Agent: Pablo Martin      Broker/Office: HomeSmart Realty West
757-759 Madison Avenue Chula Vista CA 91910
$ 1,049,000
  4   |    2   |    1536 Sq Feet

Listing ID

#PTP2604155

Status

Active

Property Type

Duplex

County

San Diego

Year Built

1954

Days on website

8

Description
MOVE-IN READY, RECENTLY REMODELED DUPLEX IN A DESIRABLE CHULA VISTA LOCATION WITH STRONG RENTAL DEMAND, PROJECTED RENTAL INCOME OF APPROXIMATELY $2,950 PER UNIT ($5,900 PER MONTH TOTAL)! LIVE IN ONE UNIT AND RENT THE OTHER, 6534 SQ FT LOT WITH POTENTIAL FOR FUTURE 2 ADU’S DEVELOPMENT (SUBJECT TO CITY APPROVAL), OFFERING TO EXPAND RENTAL INCOME AND MAXIMIZE LONG-TERM VALUE, VA AND FHA APPROVED, NO HOA. NO MELLO-ROOS, POTENTIAL FOR SHORT-TERM OR MID-TERM RENTAL USE (SUBJECT TO CITY OF CHULA VISTA REGULATIONS AND APPROVAL), PROVIDING ADDITIONAL FLEXIBILITY FOR FUTURE INCOME, THE PROPERTY INCLUDES TWO SINGLE-CAR GARAGES PLUS ADDITIONAL OFF-STREET PARKING, BOTH RESIDENCES ARE UPDATED AND FEATURE NEWER MINI-SPLIT A/C SYSTEMS, DUAL-PANE WINDOWS, AND CONVENIENT WASHER/DRYER HOOKUPS IN THE KITCHEN, BOTH UNITS ARE ADORNED WITH WHITE SHAKER CABINETS AND SPARKLING QUARTZ COUNTERTOPS. THE PROPERTY IS LOCATED WITHIN APPROXIMATELY ONE MILE OF A PROPOSED MAJOR SPORTS AND ENTERTAINMENT DISTRICT IN CHULA VISTA, A MIXED-USE DEVELOPMENT CURRENTLY IN THE PLANNING AND REVIEW PROCESS, OFFERING POTENTIAL FOR FUTURE AREA GROWTH AND ENHANCED NEIGHBORHOOD DEVELOPMENT.
Location
Financial Information
List Price:  $ 1049000
Property Features
Community Features:  Urban
High School District:  Sweetwater Union
Levels:  One
Senior Community YN:  false
High School District:  Sweetwater Union
Senior Community YN:  false
MLS Area Major:  91910 - Chula Vista
City:  Chula Vista
Listed By:   Pablo Martin   HomeSmart Realty West 
CA Lic#