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Listed by: Jordan Concepcion (858) 461-9910 DRE #01936834 | Apartment Realty Group (ARG) (619) 222-9500
$1,225,000
6 Beds
- 4 Baths
--sqft
479 Shy Lane, Chula Vista, CA 91911
$1,225,000
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Multi Family
Built in 1963
$-- HOA
-- sqft lot
--/sqft
Description
479 Shy Lane offers two fully detached, single-story 3-bedroom/2-bathroom homes on an oversized 10,454 SF lot in a quiet, dead-end pocket of Chula Vista — smart for owner-occupants and investors alike. Live in the updated 1982 back home and rent the 1963 front home (new roof '21, windows '23) at market rent to meaningfully offset your housing cost vs. a standalone 3BR/2BA. Bringing the long-term tenant's rent to market pushes the cap rate to a pro forma ~5%+. Each home is separately metered, tenants pay all utilities, minutes from Walmart, Costco, and freeway access, and the R1 lot may allow room to expand or add an ADU (buyer to verify).
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260019989SD
MLS Status
Active
Days on Market
9
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