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Chula Vista Investment Opportunity
For Sale
$1,575,000
Pending

249 51 Garrett Ave, Chula Vista, CA 91910

Three-unit property with income potential near Downtown Chula Vista.

Property Size2,250 SF
Days on Market107

Property Features for 249 51 Garrett Ave

General Information

Standard status Pending
Size 2,250 SF
Property subtype Investment

Building Details

Building Size 2,250 SF
Year Built 1929
Units 3
Listing Agency: Ciprian Homes
Listed By: Erick Ciprian · License #01826437
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 7 at 2:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ciprian Homes

Investment Insights

Based on property information with market context.

This three-unit investment property is located on a corner lot in a central area of Chula Vista. The property offers current income with potential for increased value and mixed-use development. The front unit features a 3-bedroom, 1-bath layout with mixed-use capability, suitable for residential, commercial, or redevelopment purposes. A new 1-bedroom, 1-bath unit is move-in ready. The rear unit includes 2 bedrooms and 1 bath. The property is located less than a mile from Downtown Chula Vista, near shopping, dining, public transportation, and major redevelopment projects. The Gaylord Pacific Resort & Convention Center is nearby. The location offers growth potential, making it suitable for long-term investment. The property's zoning flexibility, corner lot location, and unit mix provide opportunities for investors, developers, or owner-users seeking income and future growth.

Key Highlights

  • Prime location less than a mile from Downtown Chula Vista, near shopping, dining, and public transportation.
  • Strong income potential with a versatile unit mix: 3‑bedroom, 1‑bath (mixed‑use capable), brand‑new 1‑bedroom, 1‑bath, and 2‑bedroom, 1‑bath.
  • Significant value‑add and mixed‑use potential due to zoning flexibility and corner lot location.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Tanning Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,149
Businesses Nearby

Demographics for 91910, CA

79,613
Population
28,432
Households
2.8
Avg Household Size
38
Median Age
29%
College-Educated
84%
High-School Grad
12.6 sq mi
ZIP Area
6,318
Density / Sq Mi
$87,705
Median Household Income
$45,476
Median Earnings
$1,930
Median Rent
$676,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with income potential near Downtown Chula Vista.
Where is this triplex located?
The property is located at 249 51 Garrett Ave Chula Vista, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Prime location less than a mile from Downtown Chula Vista, near shopping, dining, and public transportation.; Strong income potential with a versatile unit mix: **3‑bedroom, 1‑bath (mixed‑use capable), brand‑new 1‑bedroom, 1‑bath, and 2‑bedroom, 1‑bath.**; Significant value‑add and mixed‑use potential due to zoning flexibility and corner lot location.
More about this property
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