963-965 4th Avenue

Chula Vista, CA 91911

$1,650,000
Last Sold Price
10
Beds
3,949 Sq. Ft.
$418 / Sq. Ft.
3,949
Sq. Ft.
$418
per Sq. Ft.

Description

This type of gem doesn't come along too often. Highly sought after income property. 4 separate dwellings. All have their own laundry and have separate utility meters. Tenants pay own trash and cable. A landlords dream! Perfect for the savvy investor. Or, live in one and rent out the others to supplement your mortgage. 2 - 3 bedroom, 2 bath units and 2 - 2 bedroom, 2 bath units. Off street parking with 2 spaces per unit. Near schools, public transportation and shops.This type of gem doesn't come along too often. Highly sought after income property. 4 separate dwellings. All have their own laundry and have separate utility meters. Tenants pay own trash and cable. A landlords dream! Perfect for the savvy investor. Or, live in one and rent out the others to supplement your mortgage. 2 - 3 bedroom, 2 bath units and 2 - 2 bedroom, 2 bath units. Off street parking with 2 spaces per unit. Near schools, public transportation and shops.
  1. Listed by Lisette Miramontes • DRE #01341707 • Brokerage DRE #01233826 • Realty Executives Dillon
  2. Listed by Dolores Lizarraga • DRE #01867266 • Brokerage DRE #01233826 • Realty Executives Dillon

Property Details for 963-965 4th Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3949
Assessor Parcel Number
619-010-27-00
Property Attached YN
false

Location

Listing Courtesy of Realty Executives Dillon, Lisette Miramontes, DRE #01341707; Realty Executives Dillon, Dolores Lizarraga, DRE #01867266

Sold By Mar and Mar Realty Inc, Mark Cervantes, DRE #01187515

Add your commute
LISTING UPDATED: 08/28/2023 04:24 AM

Property Details for 963-965 4th Avenue

StatusClosed
MLS #PTP2300433
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1999
Lot Size0.31 AC / 13,701 SF
CountySan Diego County

Location

Listing Courtesy of Realty Executives Dillon, Lisette Miramontes, DRE #01341707; Realty Executives Dillon, Dolores Lizarraga, DRE #01867266

Sold By Mar and Mar Realty Inc, Mark Cervantes, DRE #01187515

Add your commute

Building Information for 963-965 4th Avenue

Stories1Residences-Year Built1999Building Size-Lot Size0.31 AC / 13,701 SF

Payment Calculator

$9,005 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 963-965 4th Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $22,650
  • Gross Scheduled Income: $22,650
  • Net Operating Income: $22,650
  • Cap Rate: 7.0
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $3,663
  • Insurance Expense: $1,201
  • Maintenance Expense: $1,095
  • Trash Expense: $0
  • Total Expenses: $5,949
Tax / Assessment Info
  • Tax Tract Number: 01148
  • Tax Lot: 25
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Range: 3

Property History for 963-965 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 963-965 4th Avenue

This home is within Chula Vista Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Rice (Lilian J.) Elementary School
PublicK to 6

Chula Vista Middle School
Public7 to 8

Chula Vista Senior High School
Public9 to 12

Options Secondary School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Dillon, Lisette Miramontes, DRE #01341707; Realty Executives Dillon, Dolores Lizarraga, DRE #01867266

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