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Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2305287
Sold Date 01/09/24
Bedrooms 4
HOA Y/N No
Lot Size 6,395 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.
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 Chula Vista (91910)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $2
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $1,530
Listing Terms Cash, Conventional, FHA, VA
Financing Conventional
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Bought with Becky Alvarez • Coldwell Banker Royal Realty
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