Multi-Family $ 1,575,000

51-249 Garrett AVE

Chula Vista, CA 91910

  • 5,837 Lot Size
  • 1929 Year Built
Rate too high? Seller is willing to provide a closing cost credit to help buy down your rate and reduce your monthly payment! Exceptional three-unit investment opportunity situated on a corner lot in a prime, centrally located area of Chula Vista. This unique property offers strong current income with significant value-add and mixed-use potential. The front unit features a 3-bedroom, 1-bath layout with mixed-use capability, providing flexibility for residential, commercial, or redevelopment possibilities (buyer to verify). The middle unit is a brand-new 1-bedroom, 1-bath, recently constructed and move-in ready. The rear unit consists of a 2-bedroom, 1-bath, completing a versatile and well-balanced unit mix. Located less than a mile from Downtown Chula Vista, the property benefits from proximity to shopping, dining, public transportation, and major redevelopment projects. Conveniently close to the Gaylord Pacific Resort & Convention Center, this area continues to see strong growth, making it an ideal long-term investment. With zoning flexibility, a corner lot footprint, and a desirable unit mix, this property presents a rare opportunity for investors, developers, or owner-users seeking both immediate income and future upside. Multiple exit strategies available in one of Chula Vista's fastest-evolving locations.
Listed by Erick Ciprian of Premier Agency R.E. Inc

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID PTP2602534

    HOA Y/N No

    Year Built 1929

    Lot Size 5,837 Sqft

    Property Sub-Type Triplex

  • Location

    State CA

    County San Diego

    Area 91910 - Chula Vista

    Zoning R-3

  • Building

    Lot Description 0-1 Unit/Acre

    Story 1

    Sewer Public Sewer

  • Interior

    Fireplace No

    Laundry See Remarks

  • Exterior

    Pool None

    Community Features Curbs, Sidewalks

    View Y/N No

    Private Pool No

  • Others

    Senior Community No

    Tax ID 5680431300

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition Standard

    Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2602534

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CONTACT

Erick Ciprian
Erick Ciprian

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