About this home

479 Shy Lane offers two fully detached, single-story 3-bedroom/2-bathroom homes on an oversized 10,454 SF lot in a quiet, dead-end pocket of Chula Vista - smart for owner-occupants and investors alike. Live in the updated 1982 back home and rent the 1963 front home (new roof '21, windows '23) at market rent to meaningfully offset your housing cost vs. a standalone 3BR/2BA. Bringing the long-term tenant's rent to market pushes the cap rate to a pro forma ~5%+. Each home is separately metered, tenants pay all utilities, minutes from Walmart, Costco, and freeway access, and the R1 lot may allow room to expand or add an ADU (buyer to verify).

Facts and features

Schools

• Lauderbach (J. Calvin) Elementary School

  elementary · K-6 · 0.3 mi

  7

• Castle Park Middle School

  middle · 7-8 · 0.8 mi

  2

• Castle Park Senior High School

  high · 9-12 · 1.3 mi

  4

• Chula Vista Christian Elementary School

  elementary · K-7 · 0.7 mi

• Palomar High School

  middle · 7-12 · 0.1 mi

  2

• Options Secondary School

  middle · 7-12 · 0.5 mi

  6

Price history

• Aug 14, 2026 · Listed$1,225,000
• Jul 13, 1979 · Sold$39,000

Tax history

• 2025$3,803 tax · $723,974 assessed
• 2024$3,883 tax · $229,273 assessed
• 2023$3,463 tax · $220,372 assessed
• 2022$3,306 tax · $216,052 assessed
• 2021$3,179 tax · $211,816 assessed
• 2020$3,051 tax · $209,645 assessed
• 2019$3,264 tax · $205,535 assessed
• 2018$3,297 tax · $201,506 assessed

Home value

$949,000

• Collateral Analytics$949,000

Where it is