Skip To Content

404 414 Palm Avenue

Chula Vista, CA 91911
  • $3,600,000
  • STATUS: Active
  • ON SITE: 283 Days
  • MLS #: PTP2404211
UPDATED: 23 min ago
$3,600,000
  • 0
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Listing Agent(s): Sang Pham of Prime Coast Realty & Mortgage (619-992-9939)


Description

Incredible opportunity to own six separate single homes in Chula Vista. All six houses are located on almost one acre lot (0.98 acre = 42,688 sqft). Each house has 3 bedrooms, 2 baths, 2 car garage. Each house has front yard and back yard. Each house has its own electric & water meters. Laundry hook-up in each garage. Recently new remodeled and new upgrades. Monthly rent is very low $19,000, could be $21,000 a month or more. Only $600,000 for each house. ($3,600,000 : 6 =$600,000). Monthly rent is follow: Unit 404 Palm = $2700, Unit 406 Palm = $2900, Unit 408 = $3200, Unit 410 Palm = $3200, Unit 412 Palm = $3500, Unit 414 Palm = $3500. Also, Property has 5 extra parking spaces, each parking space is rented for $25 as extra monthly income. Please submit offers with pre-approval letters and proof of fund. Seller is R.E license. Buyer & buyer agents to verify all prior to COE.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T15:36:21.017. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/152607888
Print Image

404 414 Palm Avenue Chula Vista, CA 91911

  • Price: $3,600,000
  • Status: Active
  • On Site: 283 Days
  • Updated: 23 min ago
  • MLS #: PTP2404211
0
Beds
0
Baths
0
½ Baths
0.98
Acres
2021
Built
Neighborhood:
91911 - Chula Vista
County:
San Diego
Area:
91911 - Chula Vista
Property Description
Incredible opportunity to own six separate single homes in Chula Vista. All six houses are located on almost one acre lot (0.98 acre = 42,688 sqft). Each house has 3 bedrooms, 2 baths, 2 car garage. Each house has front yard and back yard. Each house has its own electric & water meters. Laundry hook-up in each garage. Recently new remodeled and new upgrades. Monthly rent is very low $19,000, could be $21,000 a month or more. Only $600,000 for each house. ($3,600,000 : 6 =$600,000). Monthly rent is follow: Unit 404 Palm = $2700, Unit 406 Palm = $2900, Unit 408 = $3200, Unit 410 Palm = $3200, Unit 412 Palm = $3500, Unit 414 Palm = $3500. Also, Property has 5 extra parking spaces, each parking space is rented for $25 as extra monthly income. Please submit offers with pre-approval letters and proof of fund. Seller is R.E license. Buyer & buyer agents to verify all prior to COE.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Spa YN No View YN No

Interior Features

Common Walls No Common Walls Cooling YN No Fireplace YN No Heating YN No

Property Features

Association Fee 0 Association YN No Cap Rate 6.33 Community Features Storm Drain(s)Street LightsSidewalks Garage YN Yes Gross Income 228000 Gross Scheduled Income 228000 Insurance Expense 7200 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupIn Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 200500 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 6 Operating Expense 7500 Rent Control YN No Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Total Actual Rent 19000 Trash Expense 0 Zoning COMMERCIAL



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T15:36:21.017. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373054507-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373054507-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373054507-2.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Sang Pham of Prime Coast Realty & Mortgage (619-992-9939)