479 Shy Lane, Chula Vista, CA 91911

$1,250,000

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List Price
$1,250,000
Price Change
▼ $50,000 1777496110
Status
ACTIVE
MLS#
PTP2602345
Year Built
1963
Lot Size
10,454
Acres
0.24
Lot Location
0-1 Unit/Acre
Days on Market
121
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Double Your Portfolio with One Purchase! – Rare Detached Dual-Unit Opportunity! Located on a serene dead-end street, this unique property offers two detached 3-bedroom, 2-bathroom homes on a single lot. Unlike typical duplexes, these are both single story, fully detached and individually metered for all utilities, making management a breeze. Or…. are you looking for space for the whole family without sacrificing privacy? This is a great multi-family opportunity! Perfect for Multi-Gen: Move right into the pristine back house while keeping the front house for extended family or as a rental to subsidize your lifestyle. Front House: Approx 1500 sq ft, 3 br 2 ba, charming and spacious, currently generating immediate income with reliable, long-term tenants. A perfect "value-add" opportunity to customize and increase equity later. Approx 1500 sq ft features 3BR, 2 baths, separate dining, large living room, wood ceilings, flowing floorplan, private yard, carport parking with driveway, new roof Dec 2021, new Low-E vinyl windows installed Oct 2023, and painted in 2024…. Bring your personal touch to the front house to create your dream family estate. Back House: Approx 1100 sq ft, 3 br, 2 ba, Sparkling clean and "move-in ready". Features a private yard and three dedicated parking spaces—ideal for rental or owner-occupant looking to live for free while the front unit pays the mortgage. Approx 1100 sq ft features, 3BR, 2 baths, large kitchen/dining combo, balcony/patio off dining area. No matter what your needs, this is a must see property!! Ideally situated walking distance to popular shopping destinations such as Walmart and Costco, you’ll enjoy everyday convenience right at your doorstep. The property is also located near the Palomar trolley station, providing easy and efficient access to downtown San Diego perfect for commuters or those looking to enjoy everything the city has to offer.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Roof
Composition
Sewer
Public Sewer
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$72,000
Operating Expense
6000

Listing courtesy of Listing Agent: Steve Markley (steve@stevemarkleyrealty.com) from Listing Office: Steve Markley, Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.