475 Oxford Street

Chula Vista, CA 91911

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 15668
    Sqft(Lot)
$1,849,000

Description

Entertaining all offers - double lot, high rent roll, + development opportunity! 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 3 bed/2 bath, rent is $2955, pro forma: $3455. unit 2: duplex side a 2 bed/1 bath, rent is $2045, pro forma: $2345. unit 3: duplex side b 2 bed/1 bath, rent is $1795, pro forma: $2345. gross income: $81,540. cap rate is approximately 4% but can be increased with pro forma rents up to 4.9%. attention developers: this property falls within the "opportunity zone" which provides tax incentives with the intention to promote investment in economically distressed neighborhoods. investor's keep all appreciation on this purchase if they hold the property for at least 10 years! through this program, investors can achieve the following three significant tax benefits. all information provided is deemed reliable. buyer to verify all before the close of escrow including but not limited to: permits, units, square footage, and development opportunities allowed.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    48449458

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Cooling Features

    • Air Conditioning

    Heating Source

    • Has Heating

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1948

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3597
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 15668

  • Listing Price Information

    • Original List Price: 1,849,000
    • Listing Contract Date: 2025-01-23

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6183010400

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 91911 - Chula Vista
    • Directions: Google Maps
    • Zoning: Residential
    • Source Property Type: Residential Income
    • Area: 91911 - Chula Vista

    Building and Construction

    • Property Age: 77
    • Common Walls: No One Above
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
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BuyOwner last updated this listing 01/30/2025 @ 12:51

  • MLS: PTP2500689
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 15,668 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Chula Vista , in zip code 91911, this San Diego County Home are nearby neighborhoods.