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$825,000
Est. payment /mo
0.5 Acres Lot
Price Dropped by $34K
985 5th Ave #0 Chula Vista, CA 91911
UPDATED:
11/15/2024 09:15 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 240020740
HOA Y/N No
Lot Size 0.500 Acres
Acres 0.5
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
Community Chula Vista
Area Chula Vista (91911)
Exterior
Fence Full
Building
Lot Description Flag Lot, Sidewalks
Lot Size Range .5 to 1 AC
Sewer Sewer Available
Water Available
Others
Senior Community Other
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Special Listing Condition Housing & Urban Develpmnt
Listed by Serene K Maliczak • Realty Masters & Associates, Inc