$1,225,000

Multi Family In Chula Vista

  • 6 Beds
  • 4 Baths
  • 2,625 Sqft
  • Updated: Today
  • Source:
    San Diego MLS  MLS#260019989

About the Property

479 Shy Lane offers two fully detached, single-story 3-bedroom/2-bathroom homes on an oversized 10,454 SF lot in a quiet, dead-end pocket of Chula Vista — smart for owner-occupants and investors alike. Live in the updated 1982 back home and rent the 1963 front home (new roof ’21, windows ’23) at market rent to meaningfully offset your housing cost vs. a standalone 3BR/2BA. Bringing the long-term t
479 Shy Lane offers two fully detached, single-story 3-bedroom/2-bathroom homes on an oversized 10,454 SF lot in a quiet, dead-end pocket of Chula Vista — smart for owner-occupants and investors alike. Live in the updated 1982 back home and rent the 1963 front home (new roof ’21, windows ’23) at market rent to meaningfully offset your housing cost vs. a standalone 3BR/2BA. Bringing the long-term tenant’s rent to market pushes the cap rate to a pro forma ~5%+. Each home is separately metered, tenants pay all utilities, minutes from Walmart, Costco, and freeway access, and the R1 lot may allow room to expand or add an ADU (buyer to verify).
  • Property type

    Other

  • Floors

    1

  • Year built

    1963

  • Price/sqft

    $466

Features

  • Investment Property

Explore the Area

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Apartment Realty Group (ARG) - San Diego

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Apartment Realty Group (ARG) - San Diego
California, United States
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19
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2025
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Apartment Realty Group (ARG) - San Diego
San Diego, California, United States
View agency profile
Last updated
Today
First listed
Aug 15
Listing reference
260019989
Listing status
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