$ 825,000
985 5th Ave Chula Vista, CA 91911
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$ 825,000
Est. payment | /mo
0.5 Acres Lot
$ 825,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 240020740SD
HOA Y/N No
Lot Size 0.500 Acres
Property Description
The land is conditionally approved for subdivision into two lots. it is not landlocked and is flat amongst the fully developed neighborhood. Utilities and City Sewage are available and accessible. The tentative Parcel Map shows the buildable size on Parcel 1,(Gross 9,997 SQFT, NET 7,515 SQFT); and Parcel 2, Gross & Net:11,881 SQFT) Based on the plan, this land can have 2 ADUs and 2 JADU. according to a new law, Assembly Bill 1033, Californians can buy and sell them as condominiums. For detailed information, don't hesitate to get in touch with the listing agent. This property is substantial for an investor to develop a gated community that offers convenience, privacy, and security. The City of Chula Vista has an incentive program for developing affordable housing. https://www.chulavistaca.gov/departments/development-services/housing/building-affordable-housing. Costco and Walmart are 3 minutes away by car. I-5 is nearby. and enjoy the ocean breeze.
Location
State CA
County San Diego
Area 91911 - Chula Vista
Interior
Fireplace No
Exterior
View Y/N Yes
View None
Present Use Residential
Building
Lot Description Level
Others
Tax ID 6180731700
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition HUD Owned
Listed by Serene Maliczak • Realty Masters & Associates, Inc