Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 11-unit condominium project approved and entitled by the City of Chula Vista eliminates the most unpredictable and stressful phase of real estate development. Navigating discretionary approvals, California Environmental Quality Act compliance, design reviews, and community pushback typically takes 9 to 15+ monthsoften stretching past two years. Skipping this phase saves massive holding costs, interest payments, and bureaucratic delays, allowing to capitalize on the immediate market. All 3-Bed, 2-Car Garage Units allignes with specified unit mix perfectly targets much of the buyer pool.The housing market remains highly supply-driven, with 3-bedroom townhomes and condos moving quickly. Attached 2-car garages are a fantastic selling point in townhome/condo communities compared to units with open carports or single spaces. See attached drawings on the document section.
| MLS # | PTP2604483 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 77 |
| Listing Provided By | Home Investment Center | Juan Rodriguez |
| Zoning | R-1 |
|---|---|
| Acreage | 0.85 |
| Property View | Yes |
| Lot Features | Zero To One Unit Acre |
|---|
| Utilities | See Remarks |
|---|---|
| Sewer | Other |
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | Chula Vista |
| Zip Code | 91911 |
| Area | 91911 Chula Vista |
| Listing VS Median (in 91911) | |
Price: $1,700,000 low | high Med: $1,549,900 On site: 77 low | high Med: 65 | |
| State | CA |
|---|---|
| County | San Diego |
| City | Chula Vista |
| Zip Code | 91911 |
| Area | 91911 Chula Vista |
| Listing VS Median (in 91911) | |
Price: $1,700,000 low | high Med: $1,549,900 On site: 77 low | high Med: 65 | |
![]() | $1,499,9001835 Rios AvenueChula Vista, CA 91911 |
![]() | $1,549,900353 357 Palm AvenueChula Vista, CA 91911 |