475 Oxford ST Active Save Request In-Person Tour Request Virtual Tour
Chula Vista,CA 91911
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2500689
Year Built 1948
Lot Size 0.360 Acres
Property Sub-Type Triplex
Source California Regional MLS
Property Description
SELLER WILLING TO CARRY BACK OR FINANCE. HUGE PRICE IMPROVEMENT - SELLER WILLING TO OFFER CREDITS TOWARD CLOSING COSTS OR RATE BUYDOWN PROGRAMS. BRING ALL OFFERS. REACH OUT FOR MORE INFO. In the opportunity zone, this SFR + Duplex have potential to add value. This is a double lot located in West Chula Vista with freeways, public transportation, and shopping accessible. This property boasts a 4 bed + loft, 2 bath Single Family Residence as well as a Duplex with 2 beds, 1 bath per unit (newly constructed). The existing 3 units are all built on 1 side of the almost 16,000 sqft lot. New owners can LOT SPLIT or continue to develop the west half of the property utilizing SB-9 regulations to their advantage. Each unit has designated parking and washer/dryer hookup. All 3 units are currently rented on a month-to-month lease, have ample parking, and have their own washer/dryer hookup. Unit 1: SFR 4 bed/2 bath, Rent is $3795, Pro Forma: $4000. Unit 2: Duplex Side A 2 bed/1 bath, Rent is $2500, Pro Forma: $2550. Unit 3: Duplex Side B 2 bed/1 bath, Rent is $2400, Pro Forma: $2550. Gross Income: $104,340. Cap Rate is approximately 6.2%. ATTENTION DEVELOPERS: This Property falls within the "Opportunity Zone" which provides tax incentives with the intention to promote investment in ec
Location
State CA
County San Diego
Area 91911 - Chula Vista
Interior
Laundry 30,9
Exterior
Garage Spaces 11.0
Pool None
Building
Lot Description Grade - Gently Sloped,Grade - Level
Others
Tax ID 6183010400
Special Listing Condition Not Applicable