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579 Casselman St

Chula Vista, CA 91910

4 days ago

REDUCED

$1,760,000

Active

1989

Yr. Built

MLS# 250017059SD

Cumulative Days on Market: 79 (since January 23rd, 2025) Data provided by the MLS.

Property Details

This is an incredible opportunity to acquire a well-located multifamily property in West Chula Vista. Built in 1989, the property features spacious units with a unique and desirable mix, including a 3-bedroom, 2-bathroom unit; a 2-bedroom, 2-bathroom unit with a den; and two 2-bedroom, 2-bathroom units. One unit has been fully renovated and left vacant, making it an ideal option for FHA or VA buyers looking to owner-occupy while generating rental income. The remaining three units are tenant-occupied and offer significant upside in rental income. These units have been upgraded over the years and feature new appliances throughout, making them highly desirable for tenants and investors alike. Exterior upgrades include new windows, a newer roof, onsite laundry, and convenient off-street parking. With its combination of immediate rental income, spacious units, and long-term value appreciation, this property is a must-see opportunity in the highly desirable Chula Vista market.

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Property Highlights

Price

$1,760,000

Property Type

Residential Income

Living Area

0.00

Acres

0.00

Year Built

1989

Location

County

San Diego

Subdivision

Chula Vista

View

None

Property Details

Price

$1,760,000

Property Type

Residential Income

Building

Levels

Two

Stories

Interior Features

Area and Spaces

Number of Units

Appliances

Gas Water Heater

Heating and Cooling

Heating Features

Natural Gas

Building Details

Construction

Year Built

1989

Materials

Roof

Composition

Terms

Commercial

Cap Rate

4.50

Terms

Special Terms

Cash, Conventional, Cal Vet Loan, FHA, Va Loan

Heating, Cooling & Utilities

Cooling Features

None

Exterior Features

Fencing

Partial

Listed by Seth Watje, Starker West, Inc..

Listing Data last updated 04/11/2025 05:40 am

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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 11-Apr-2025 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2025 Buying Buddy. All calculations should be independantly verified.

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Property History

3 days ago

Property information last updated

4 days ago

Date of last price change

78 days ago

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: 79. Data provided by the MLS.

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Based on information from California Regional Multiple Listing Service, Inc.. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing Data last updated: 04/11/2025 05:40 am

579 Casselman St - MLS#250017059SD - $1,760,000

Listed by Starker West, Inc.

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