About this home

VA 5.75% Assumable with a loan balance of $2m!! TURNKEY FOUR-UNIT INVESTMENT OPPORTUNITY IN CHULA VISTA! Eight off-street parking spots. Discover an exceptional opportunity to own a beautifully renovated, income-producing multifamily property at 311 Zenith Street! With over $200,000 invested in extensive upgrades and renovations, this four-unit property has been thoughtfully transformed to combine modern finishes, desirable amenities, and long-term investment potential. Each of the four units has been extensively renovated, featuring updated interiors, its own washer and dryer, energy-efficient mini-split heating and air conditioning system, and a private balcony or patio. Adding to the property's appeal, each unit includes two dedicated off-street parking spaces, providing a total of eight parking spaces-a valuable convenience for residents. Designed with both comfort and functionality in mind, these improvements enhance the property's overall appeal while offering investors a substantially upgraded asset with attractive rental potential. The availability of a VA assumable loan, subject to lender approval and qualification, presents an additional financing opportunity for eligible buyers. Conveniently situated in Chula Vista near shopping, dining, schools, and major freeways, this property offers accessibility and everyday convenience in an established San Diego County community. Whether you're expanding your real estate portfolio or seeking a multifamily property with significant recent capital improvements, 311 Zenith Street delivers an impressive combination of modernized living spaces, desirable tenant amenities, financing potential, and income-producing versatility. Don't miss this opportunity to acquire a beautifully renovated four-unit investment property!

Facts and features

Schools

• Montgomery (John J.) Elementary School

  elementary · K-6 · 0.3 mi

  8

• Castle Park Middle School

  middle · 7-8 · 0.7 mi

  2

• Castle Park Senior High School

  high · 9-12 · 1.1 mi

  4

• Otay Christian Academy

  elementary · K-12 · 0.2 mi

• Otay Elementary School

  elementary · K-6 · 0.5 mi

  6

• Maac Community Charter School

  high · 9-12 · 0.6 mi

  1

Price history

• Oct 6, 2026 · Listed$2,199,000
• Mar 14, 2023 · Sold$2,055,000
• Aug 9, 2022 · Sold$1,350,000
• Jul 19, 2022 · Listed$1,075,000
• Apr 27, 1989 · Sold$320,000

Tax history

• 2025$26,826 tax · $2,180,781 assessed
• 2024$25,646 tax · $2,138,022 assessed
• 2023$15,846 tax · $1,323,000 assessed
• 2022$7,618 tax · $565,846 assessed
• 2021$7,854 tax · $554,752 assessed
• 2020$7,429 tax · $549,065 assessed
• 2019$7,508 tax · $538,300 assessed
• 2018$7,300 tax · $527,746 assessed

Home value

$2,337,364

• Quantarium$2,337,364
• Collateral Analytics$1,517,000

Where it is