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1669-73 Del Monte Ave

Chula Vista, CA 91911
  • $1,499,998
  • STATUS: ACTIVE
  • ON SITE: 35 Days
  • ID#: 240021281
UPDATED: 37 min ago
$1,499,998
  • 6
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Introducing an exceptional four unit turn-key investment opportunity! Whether you're looking to house hack or expand your buy-and-hold portfolio, this property is perfect for you. Nestled on one lot, we offer four completely renovated units, ready to generate steady rental income. Three of the units feature two spacious bedrooms and a large, luxurious bathroom complete with a soaking tub and custom tile surround shower. Each unit boasts modern conveniences such as washer and dryer hookups, quartz countertops, shaker-style cabinets, and brand-new stainless steel appliances. These units leave nothing to be desired in terms of comfort and style. The fourth unit is a spacious studio, offering all the same high-end updates and amenities as the other units, ensuring a consistent rental appeal across the property. Every unit has its own mini-split air conditioning unit to ensure comfort for you and your tenants all year round. The property also includes additional lot space, ideal for extra parking, a green belt, or the potential to build additional units, enhancing your investment even further.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/154861342
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1669-73 Del Monte Ave Chula Vista, CA 91911

  • Price: $1,499,998
  • Status: ACTIVE
  • On Site: 35 Days
  • Updated: 37 min ago
  • ID#: 240021281
6
Beds
4
Baths
0
½ Baths
0.25
Acres
1960
Built
Neighborhood:
Chula Vista
County:
San Diego
Area:
Chula Vista (91911)
Property Description
Introducing an exceptional four unit turn-key investment opportunity! Whether you're looking to house hack or expand your buy-and-hold portfolio, this property is perfect for you. Nestled on one lot, we offer four completely renovated units, ready to generate steady rental income. Three of the units feature two spacious bedrooms and a large, luxurious bathroom complete with a soaking tub and custom tile surround shower. Each unit boasts modern conveniences such as washer and dryer hookups, quartz countertops, shaker-style cabinets, and brand-new stainless steel appliances. These units leave nothing to be desired in terms of comfort and style. The fourth unit is a spacious studio, offering all the same high-end updates and amenities as the other units, ensuring a consistent rental appeal across the property. Every unit has its own mini-split air conditioning unit to ensure comfort for you and your tenants all year round. The property also includes additional lot space, ideal for extra parking, a green belt, or the potential to build additional units, enhancing your investment even further.
Exterior Features

Exterior Stucco Fencing Full Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Garage Spaces Unit4 0 Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 4

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Annual Expense Projected 20475 Association ID San Diego Association of REALTORS (SDAR) Buildings 4 Cfd Mello Roos Fee 0.0 Complex Park N/A Cross Streets Leisure Village Way Gross Rent Multiplier Actual 0.0 Gross Rent Multiplier Project 13.74 Gross Scheduled Income Actual 0 Gross Scheduled Income Project 109200 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area South Bay Monthly Total Fees 0 Net Operating Income Projected 81900 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.46 Sales Restrictions N/K Security Gated Community Short Sale No Tenant Pays Other/Remarks Terms CashConventional Unit Number For Unit1 1669 Unit Number For Unit2 1671 Unit Number For Unit3 1673 Unit Number4 1673 A Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 2500.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 2500.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 2500 Unit3 Rent Actual 0.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Projected Rent 2000 Unit4 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Michael Proctor of eXp Realty of California, Inc.: 619-843-4931. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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