Keegan Cin | Realtor® | License # DRE 01971604

Property

Chula Vista, CA 91911 475 Oxford Street

475 Oxford Street Chula Vista, CA - Image 1475 Oxford Street Chula Vista, CA - Image 2475 Oxford Street Chula Vista, CA - Image 3
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Presented By: Leslie Peraza with Finest City Homes; leslie@leslieperaza.com
  • MLS# PTP2500689
  • 01/27/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • Garage • 1
  • Year Built • 1948

Home Details

HUGE PRICE IMPROVEMENT - MOTIVATED SELLERS ENTERTAINING ALL OFFERS - DOUBLE LOT, HIGH RENT ROLL, + DEVELOPMENT OPPORTUNITY! In the opportunity zone, this SFR + Duplex have potential to add value. This is a double lot located in West Chula Vista with freeways, public transportation, and shopping accessible. This property boasts a 4 bed + loft, 2 bath Single Family Residence as well as a Duplex with 2 beds, 1 bath per unit (newly constructed). The existing 3 units are all built on 1 side of the almost 16,000 sqft lot. New owners can LOT SPLIT or continue to develop the west half of the property utilizing SB-9 regulations to their advantage. Each unit has designated parking and washer/dryer hookup. All 3 units are currently rented on a month-to-month lease, have ample parking, and have their own washer/dryer hookup. Unit 1: SFR 4 bed/2 bath, Rent is $3545, Pro Forma: $4000. Unit 2: Duplex Side A 2 bed/1 bath, Rent is $2315, Pro Forma: $2550. Unit 3: Duplex Side B 2 bed/1 bath, Rent is $2235, Pro Forma: $2550. Gross Income: $97140. Cap Rate is approximately 4.81% but can be increased with Pro Forma rents up to 4.9%. ATTENTION DEVELOPERS: This Property falls within the "Opportunity Zone" which provides tax incentives with the intention to promote investment in economically distressed neighborhoods. Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! Through this program, investors can achieve the following three significant tax benefits. ALL INFORMATION PROVIDED IS DEEMED RELIABLE. Buyer to verify all before the close of escrow including but not limited to: permits, units, square footage, and development opportunities allowed.
Presented By: Leslie Peraza with Finest City Homes; leslie@leslieperaza.com

Interior Features for 475 Oxford Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoOneAbove
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup
Total Stories1

Other Rooms

Entry Level1

General for 475 Oxford Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.81
Carport Y/NNo
CityChula Vista
Community FeaturesSidewalks
CountySan Diego
DirectionsGoogle Maps
Electric Expense2500.0
Electric On Property Y/NNo
Entry LocationFront
Garage Spaces1.0
Garage Y/NYes
Gross Income97140.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense1600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031, FHA, OwnerMayCarry, Submit
Lot Size Square Feet15668.0
Lot Size UnitsSquareFeet
MLS Area91911 - Chula Vista
MaintenanceExpense1000.0
MobileHomeRemainsYNNo
Net Operating Income89040.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Open Parking Spaces10.0
Operating Expense8100.0
Pool FeaturesNone
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot0
Taxes$21,633
Trash Expense0.0
Virtual TourClick here
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1948
Year Built SourceAssessor
ZoningResidential

Exterior for 475 Oxford Street

Building Area Total0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, GentleSloping, Level, NearPublicTransit, RectangularLot, StreetLevel, ValueInLand
Lot Size Acres0.3597
Lot Size Area15668.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking11.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,649,900
MLS#PTP2500689
List Date 01/27/2025
Property Type Multi-Family
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Request Info
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