Mixed-Use Redevelopment
402 Church Ave Chula Vista, CA 91910
402 Church Ave, Chula Vista, CA, 91910
$1,688,888
For Sale
$1,688,888
Prime mixed-use property with redevelopment potential near 3rd Avenue Promenade.
Days on Market100
Property Features for 402 Church Ave
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1930
Listing Agency
Pacific Coast Commercial
(619) 992-5863
Listed by
Lesha Montoya · License #02007808
(619) 992-5863
Source
Elliman
Added: Apr 10 Checked: Jul 17 at 8:40 am
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Investment Insights
Based on property information with market context.
This mixed-use property presents multiple redevelopment scenarios, including the possibility of 49 affordable units plus 8 ADUs, 10 individual townhomes, or 10 units with 8 ADUs. Alternatively, the existing commercial mechanics shop could be replaced with 2 townhomes or 6 additional units. The four residential units can remain in place while the back two buildings are entitled and built out for income. The property also offers an owner/user opportunity for a mechanic with four residential income units in the front 2-story building. Located on the corner of Church Ave and G St, with legal addresses of 402 Church for Units #2, #3, and #4, and 282 and 286 G St, the gated property is one block from the 3rd Avenue Promenade, known for its retail, restaurants, and commercial district with mass transit. The mechanics shop is separately metered, with the tenant paying for water and gas and electric. All four residential units are separately metered for SDGE, while the landlord pays for water. The 2-bedroom, 2-bathroom unit at 282 G Street has two points of ingress/egress, as they were legally converted residential units once offices. All tenants are on month-to-month leases with below-market rents, offering value-add potential. Recent capital improvements include roofing, plumbing sewer, and jetting. The fenced residential units feature vinyl flooring, vinyl windows with blinds, security screen doors, and ceiling fans in well-sized bedrooms. All water heaters have been replaced in the last 3-5 years. The property is well-lit and has exterior cameras and a gated courtyard. The garage includes a bathroom, 2 parking spaces, an in-ground lift, two roll-up doors, a small office, upper storage, a flat roof, and alley access. The garage is separately metered, and the mechanics shop pays its own water and utilities. The property has a bike score of 50, indicating it is bikeable, a walk score of 65, indicating it is somewhat walkable, and a transit score of 41, indicating some transit options are available.
Key Highlights
- Prime mixed‑use redevelopment property with multiple scenarios possible.
- Existing income from 4 residential units and a mechanics shop provides immediate cash flow.
- Value‑add opportunity with below‑market rents offering potential for increased income.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Prime mixed-use property with redevelopment potential near 3rd Avenue Promenade.
Where is this mixed-use property located?
The property is located at 402 Church Ave Chula Vista, CA.
What is the asking price?
The asking price for this property is $1,688,888.
What are key features of this property?
This property features: Prime mixed‑use redevelopment property with multiple scenarios possible.; Existing income from 4 residential units and a mechanics shop provides immediate cash flow.; Value‑add opportunity with below‑market rents offering potential for increased income.