249 Del Mar Avenue
Chula Vista, CA, 91910 $ 1,900,000
Baths2.0 Sq 3,195 Monthly Estimate*
$ 11,997
Listed by Coldwell Banker West
Studio for $1,900,000 with 2 full baths. This 3,195 square foot home was built in 2015 on a lot size of 0.1375.
Rare three-unit opportunity in the heart of Chula Vista, prominently situated on the corner of Del Mar Avenue and Davidson Street, just two blocks from Third Avenue. Built in 2015 and recognized through the City of Chula Vista’s Ribbons & Shovels Awards, this beautifully maintained property stands apart with Craftsman-inspired architecture, mature water saving landscaping, covered balconies, stone accents, and thoughtful design throughout. The property includes two 3-bedroom residences with large 2-car garages and one 2-bedroom residence with a 1-car garage and additional off-street parking. Each residence features air conditioning, wood flooring, crown molding, upgraded trim, custom cabinetry, stainless-steel appliances, and a front-loading stackable washer and dryer. 249 Del Mar offers 3 bedrooms, 2.5 bathrooms, a private balcony, and an attached 2-car garage. Its custom kitchen features distressed-finish cabinetry, granite countertops, a decorative backsplash, and a breakfast bar. 241 Davidson #201 offers 3 bedrooms, 2 bathrooms, a covered balcony, a 2-car garage, and single-level living above the garages. Highlights include a custom kitchen, rich wood cabinetry, granite countertops, and a separate dining area with built-in cabinets. 241 Davidson #101 offers 2 bedrooms, each with its own bathroom, a generously sized custom kitchen, an efficient living area, wood flooring, a front balcony accessed from one bedroom, a 1-car garage, and parking for two additional vehicles. Enjoy Downtown Chula Vista living just two blocks from Third Avenue’s restaurants, coffee shops, bakeries, breweries, local businesses, community events, and Sunday farmers market. The Chula Vista Marina and Bayfront are also nearby, offering waterfront parks, shoreline walks, boating, fishing, and scenic views across San Diego Bay. **Pictures of 249 Del Mar and unit #201 were taken before tenants occupancy. Exterior pictures are current and some when built.**
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher Gas Range Microwave Refrigerator Tankless Water Heater Dryer Washer
Zoning R-3
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 2015
Property Subtype Triplex
Gross Income 92100
Community Features Gutter(s) Street Lights
County San Diego
Net Operating Income 69520
Operating Expense 22579
Insurance Expense 7757
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions GPS Corner Del Mar/Davidson
City Chula Vista
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area 91910 - Chula Vista
Lot Size Units Square Feet
Lot Size Square Feet 5989
Number of Units Leased 3
Listing Terms Cash Conventional 1031 Exchange FHA VA Loan
Property Attached Y/N true
Land Lease Y/N false
Property Condition Building Permit Turnkey Under Construction
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2605975
Standard Status Active
Tax Lot Tr 505 1/4 Sec 137 Lot 5
Total Actual Rent 7675
Property Sub Type Additional Triplex
Taxes 23750
Cap Rate 3.66
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InteriorFlooring Tile Wood
Total Stories 2
Common Walls 1 Common Wall End Unit
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Entry Level 1
Total Baths 0
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ExteriorParking Features Door-Single Driveway Garage Off Street
Lot Features Corner Lot
Total Parking 7
Lot Size Area 5989
Number of Buildings 1
Spa false
Building Area Total 3195
Lot Size Acres 0.1375
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByColdwell Banker WestBroker
ClaudiaSellsSanDiego@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,997
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chula Vista, CA
Average List Price $1,534,535
Percent of Sale Price 19%
About Chula Vista, CA 270,474 Population
54% Since 2002
$ 67,673 Median Income
35.5 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $1,900,000 | | Listed Price |