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    585 587 Vance St

    Chula Vista, CA 91910
    • $1,149,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 210007832
    UPDATED: 78 min ago
    $1,149,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Income opportunity, hurry will not last!! Highest CAP rate in Chula Vista! Pay the mortgage with the rent! Blocks from the current $1.1B Chula Vista Bayfront development. 4 bedroom detached house plus 3 bedrooms detached second house on property and 3rd conversion unit with 1 bed 1 bath. TENANTS PAY ALL UTILITIES AND GARDENER. All units have washer dryer hook ups, private patios, or balcony and 2 exterior parking spots. Additionally, one of units has an additional 2 car garage. Rare bonus for easier management there is 2 water meters on site. Proximity to schools, shopping, public transportation, freeways, J Street Harbor, and the downtown Third Avenue Village means these homes rent quick! All square footage measurements are approximate. Photos of unit were taken prior to occupancy by the current tenant. Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 585 A Unit # for Unit 2: 587 B Unit # for Unit 3: 585 Number of Furnished Units: 0 Topography: LL

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T20:37:55.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/115525872
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    585 587 Vance St Chula Vista, CA 91910

    • Price: $1,149,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: 210007832
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1965
    Built
    Neighborhood:
    Chula Vista
    County:
    San Diego
    Area:
    91910 - Chula Vista
    Property Description
    Income opportunity, hurry will not last!! Highest CAP rate in Chula Vista! Pay the mortgage with the rent! Blocks from the current $1.1B Chula Vista Bayfront development. 4 bedroom detached house plus 3 bedrooms detached second house on property and 3rd conversion unit with 1 bed 1 bath. TENANTS PAY ALL UTILITIES AND GARDENER. All units have washer dryer hook ups, private patios, or balcony and 2 exterior parking spots. Additionally, one of units has an additional 2 car garage. Rare bonus for easier management there is 2 water meters on site. Proximity to schools, shopping, public transportation, freeways, J Street Harbor, and the downtown Third Avenue Village means these homes rent quick! All square footage measurements are approximate. Photos of unit were taken prior to occupancy by the current tenant. Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 585 A Unit # for Unit 2: 587 B Unit # for Unit 3: 585 Number of Furnished Units: 0 Topography: LL
    Exterior Features

    Fencing Partial Lot Features Sprinkler System Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas Water Heater Cooling Wall/Window Unit(S) Cooling YN Yes Heating Natural Gas Heating YN Yes

    Property Features

    Association Fee 0 Cap Rate 4.4 Disclosures Incorporated Gross Scheduled Income 57660 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalCal Vet LoanFhaVa Loan Net Operating Income 51060 Possession See Remarks Senior Community YN No Tenant Pays ElectricityGasGrounds CareSewerTrash CollectionWater Zoning R-2:Minor

    Listing provided courtesy of David Thomas Mejia of David T. Mejia


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T20:37:55.103. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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