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Key Details
Sold Price $940,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2305287
Sold Date 01/09/24
HOA Y/N No
Year Built 1950
Lot Size 6,394 Sqft
Property Description
Welcome to 566 Vance and 566 1/2 Vance. 2 separate homes on 1 lot, both with great rental income potential. Both homes have 2 bedrooms and 1 bathroom. Both properties have their own private driveways that can have up to 4 cars for each unit. Each of the units have their own washer and dryer hookups and their own yards. The 2 homes are separated by a fence that provides privacy for each tenant. 566 Vance is currently being rented at $1,530 and is on a month to month, market value is $2,500 /m month on this unit. The tenant was given their 60 day notice and will vacate the property by January 1st 2024. 566 1/2 Vance was remodeled in 2017 and has a laminate flooring, updated kitchen and was just recently painted. 566 1/2 is currently unoccupied with market rental value at $2,500 / month. This property is conveniently located next to the Chula Vista mall, trolley station and the 5 freeway and is also 2 blocks away from the new Chula Vista Bayfront Redevelopment that will provide new parks, restaurants, hotels and retail stores.
Location
State CA
County San Diego
Area 91910 - Chula Vista
Zoning R-2:MINOR MULTIPLE
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, See Remarks
Exterior
Pool None
Community Features Curbs, Sidewalks
View Y/N No
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Senior Community No
Tax ID 5672120900
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Becky Alvarez • Coldwell Banker Royal Realty