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Listed by Erick Ciprian • ROA California Inc
$ 1,600,000
Est. payment | /mo
0.55 Acres Lot
$ 1,600,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2508134
Year Built 2000
Lot Size 0.554 Acres
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Exceptional investment and development opportunity in the heart of Chula Vista! This centrally located property sits on a generous 24,114 sq. ft. lot and currently features a duplex with a 3-bedroom, 1-bath front unit and a 1-bedroom, 1-bath back unit, totaling 2,044 sq. ft. of living space. The property is in the process for approved for 48 residential units. Construction initiation is anticipated within the next 3-4 months, making this an ideal project for developers looking to capitalize on one of the fastest-growing areas in San Diego County. Currently zoned R-3 and fully re-designated for higher density, the site offers maximum flexibility and significant upside potential. Investors can benefit from current rental income while finalizing plans and preparing for the build. The prime central location ensures excellent connectivity to freeways, shopping, dining, schools, and public transit. Whether you're looking to develop a high-yield multifamily project or hold a large piece of Chula Vista's urban core, 691 G Street offers the recombination of immediate income and long-term growth potential. Financing is available, allowing you to secure the property now and proceed toward groundbreaking with entitlements in place. Don't miss this chance to own and develop a premier property
Location
State CA
County San Diego
Area 91910 - Chula Vista
Interior
Laundry In Closet
Exterior
Pool None
Others
Tax ID 5670902900
Special Listing Condition Not Applicable
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