$940,000
$940,000
For more information regarding the value of a property, please contact us for a free consultation.
6,394 Sqft Lot
SOLD DATE : 01/09/2024
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Becky Alvarez • Coldwell Banker Royal Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "