$3,600,000
404 PALM AVENUE Chula Vista, CA 91911
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$3,600,000
Est. payment /mo
12 Beds
8 Baths
0.98 Acres Lot
UPDATED:
11/10/2024 03:09 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2404211
Bedrooms 12
HOA Y/N No
Lot Size 0.980 Acres
Property Description
Incredible opportunity to own six separate single homes in Chula Vista. All six houses are located on almost one acre lot (0.98 acre = 42,688 sqft). Each house has 3 bedrooms, 2 baths, 2 car garage. Each house has front yard and back yard. Each house has its own electric & water meters. Laundry hook-up in each garage. Recently new remodeled and new upgrades. Monthly rent is very low $19,000, could be $21,000 a month or more. Only $600,000 for each house. ($3,600,000 : 6 =$600,000). Monthly rent is follow: Unit 404 Palm = $2700, Unit 406 Palm = $2900, Unit 408 = $3200, Unit 410 Palm = $3200, Unit 412 Palm = $3500, Unit 414 Palm = $3500. Also, Property has 5 extra parking spaces, each parking space is rented for $25 as extra monthly income. Please submit offers with pre-approval letters and proof of fund. Seller is R.E license. Buyer & buyer agents to verify all prior to COE.
Incredible opportunity to own six separate single homes in Chula Vista. All six houses are located on almost one acre lot (0.98 acre = 42,688 sqft). Each house has 3 bedrooms, 2 baths, 2 car garage. Each house has front yard and back yard. Each house has its own electric & water meters. Laundry hook-up in each garage. Recently new remodeled and new upgrades. Monthly rent is very low $19,000, could be $21,000 a month or more. Only $600,000 for each house. ($3,600,000 : 6 =$600,000). Monthly rent is follow: Unit 404 Palm = $2700, Unit 406 Palm = $2900, Unit 408 = $3200, Unit 410 Palm = $3200, Unit 412 Palm = $3500, Unit 414 Palm = $3500. Also, Property has 5 extra parking spaces, each parking space is rented for $25 as extra monthly income. Please submit offers with pre-approval letters and proof of fund. Seller is R.E license. Buyer & buyer agents to verify all prior to COE.
Incredible opportunity to own six separate single homes in Chula Vista. All six houses are located on almost one acre lot (0.98 acre = 42,688 sqft). Each house has 3 bedrooms, 2 baths, 2 car garage. Each house has front yard and back yard. Each house has its own electric & water meters. Laundry hook-up in each garage. Recently new remodeled and new upgrades. Monthly rent is very low $19,000, could be $21,000 a month or more. Only $600,000 for each house. ($3,600,000 : 6 =$600,000). Monthly rent is follow: Unit 404 Palm = $2700, Unit 406 Palm = $2900, Unit 408 = $3200, Unit 410 Palm = $3200, Unit 412 Palm = $3500, Unit 414 Palm = $3500. Also, Property has 5 extra parking spaces, each parking space is rented for $25 as extra monthly income. Please submit offers with pre-approval letters and proof of fund. Seller is R.E license. Buyer & buyer agents to verify all prior to COE.
Location
State CA
County San Diego
Area Chula Vista (91911)
Zoning See Remark
Building
Lot Description Sidewalks
Story 1
Lot Size Range .5 to 1 AC
Sewer Septic Installed
Others
Acceptable Financing Cash, Conventional
Space Rent $3,500
Listing Terms Cash, Conventional
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Listed by Sang Pham • Prime Coast Realty & Mortgage
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "