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Kit Jin

kit@jinshomegroup.com +1(949) 688-3629

$ 1,700,000

Est. payment | -/mo

0.85 Acres Lot

Save Virtual Tour

$ 1,700,000

Est. payment | -/mo

Save Virtual Tour

0.85 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2604483

HOA Y/N No

Lot Size 0.849 Acres

Property Description

Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 11-unit condominium project approved and entitled by the City of Chula Vista eliminates the most unpredictable and stressful phase of real estate development. Navigating discretionary approvals, California Environmental Quality Act compliance, design reviews, and community pushback typically takes 9 to 15+ months—often stretching past two years. Skipping this phase saves massive holding costs, interest payments, and bureaucratic delays, allowing to capitalize on the immediate market. All 3-Bed, 2-Car Garage Units allignes with specified unit mix perfectly targets much of the buyer pool.The housing market remains highly supply-driven, with 3-bedroom townhomes and condos moving quickly. Attached 2-car garages are a fantastic selling point in townhome/condo communities compared to units with open carports or single spaces. See attached drawings on the document section.

Location

State CA

County San Diego

Area 91911 - Chula Vista

Zoning R-1

Interior

Fireplace No

Exterior

Community Features Street Lights

Utilities Available See Remarks

View Y/N Yes

View Neighborhood

Building

Lot Description 0-1 Unit/Acre

Sewer Other

Others

Senior Community No

Tax ID 6240421100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2604483

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Juan Rodriguez Home Investment Center juanrodriguez15@msn.com, DRE #01133130

NEARBY SCHOOLS & PROPERTIES

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(949) 688-3629

kit@jinshomegroup.com

20 Corporate Park # 175, Irvine, CA, 92606, United States

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0 Spruce RD Chula Vista, CA 91911