Description
Triplex in the center of Chula Vista, CA. The property boasts one 2-bedroom and 2 1-bedroom units. There's a double car garage detached; Seller has a proposal to convert to ADU (approximate costs $150k-$175K).There's an existing storage structure in the rear yard that was previously used as a studio unit without permits (all plumbing, electricity is in the space). Buyer may be able to ADU both the garage and the storage units (buyer and buyer's agent to verify). This is a true value-add property, renovate and bring rents to market and an ADU with a yard. Projected income based on completion of an ADU and instituting RUBS for utilities reimbursement.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Triplex in the center of Chula Vista, CA. The property boasts one 2-bedroom and 2 1-bedroom units. There's a double car garage detached; Seller has a proposal to convert to ADU (approximate costs $150k-$175K).There's an existing storage structure in the rear yard that was previously used as a studio unit without permits (all plumbing, electricity is in the space). Buyer may be able to ADU both the garage and the storage units (buyer and buyer's agent to verify). This is a true value-add property, renovate and bring rents to market and an ADU with a yard. Projected income based on completion of an ADU and instituting RUBS for utilities reimbursement.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.