CA > Chula Vista
Chula Vista, CA 91911,475 Oxford Street
Chula Vista, CA 91911,475 Oxford Street
Chula Vista, CA 91911,475 Oxford Street
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$1,499,900
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8 Beds
0.36 Acres Lot
Active

475 Oxford Street Chula Vista, CA 91911

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPTP2500689

Bedrooms 8

HOA Y/N No

Year Built 1948

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type OTHER

Property Description

HUGE PRICE IMPROVEMENT - SELLER WILLING TO OFFER CREDITS TOWARD CLOSING COSTS OR RATE BUYDOWN PROGRAMS. BRING ALL OFFERS. REACH OUT FOR MORE INFO. 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 4 bed/2 bath, Rent is $3545, Pro Forma: $4000. Unit 2: Duplex Side A 2 bed/1 bath, Rent is $2315, Pro Forma: $2550. Unit 3: Duplex Side B 2 bed/1 bath, Rent is $2235, Pro Forma: $2550. Gross Income: $97140. Cap Rate is approximately 4.81% 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 e

Location

State CA

County San Diego

Zoning Resi

Interior

Fireplace No

Laundry Other

Exterior

Exterior Feature Front Yard

Total Parking Spaces 11

Building

Lot Description Level, Other, Front Yard

New Construction No

Others

Tax ID 6183010400

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2500689

Bridge MLS
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Listed by Leslie Peraza • Finest City Homes

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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