About this home

Fantastic six-unit residential income opportunity in the heart of Chula Vista, just a half block from historic Third Avenue Village. Situated on a large 0.26-acre lot, this well-balanced asset consists of two buildings: a front Victorian-style residence with a 3-bedroom, 2-bath downstairs unit and a 2-bedroom, 1-bath upstairs unit, plus a rear four-unit building with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property offers strong in-place income with additional upside potential, making it an attractive opportunity for investors seeking immediate cash flow, long-term appreciation, and possible future value-add or development potential. Residents enjoy a large communal fenced yard, community laundry, and a dedicated parking lot with six spaces. The prime location is close to Downtown Chula Vista's restaurants, cafes, breweries, shops, and local businesses, with the Chula Vista Bayfront redevelopment adding to the area's long-term growth story. A rare chance to acquire a six-unit property in a highly desirable South Bay rental market with strong fundamentals and future upside.

Facts and features

Schools

• Chula Vista Middle School

  middle · 7-8 · 0.3 mi

  3

• Vista Square Elementary School

  elementary · K-6 · 0.4 mi

  5

• Chula Vista Senior High School

  high · 9-12 · 1.0 mi

  5

• St. Rose Of Lima School

  elementary · K-8 · 0.3 mi

• Davila Day School

  elementary · K-8 · 0.4 mi

• Highland Institute

  elementary · 1-12 · 0.5 mi

Price history

• Oct 30, 2026 · Price Changed$2,149,000
• Aug 25, 2026 · Price Changed$2,200,000
• Jul 24, 2026 · Price Changed$2,249,000
• Jul 2, 2026 · Listed$2,295,000
• Jun 6, 2011 · Listing Removed$1,150
• May 17, 2011 · Listed For Rent$1,150

Tax history

• 2021$9,319 tax · $798,928 assessed
• 2020$9,096 tax · $790,737 assessed
• 2019$8,861 tax · $775,234 assessed
• 2018$8,724 tax · $760,034 assessed
• 2017$8,541 tax · $745,132 assessed
• 2016$8,341 tax · $730,523 assessed
• 2015$8,223 tax · $719,551 assessed
• 2014$8,087 tax · $705,457 assessed

Home value

$1,947,956

• Quantarium$1,947,956
• Collateral Analytics$862,000

Where it is