Two-Unit Residential
559-61 Roosevelt St, Chula Vista, CA 91910
For Sale
New
$1,050,000
Residential Income, Chula Vista, CA
Property Size2,702 SF
Lot Size0.14 Acres
Price / SF$388.60
Days on Market2
Property Features for 559-61 Roosevelt St
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Pets allowed
Fireplace
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
Coldwell Banker West · Coldwell Banker Real Estate
Listed By:
Hayley Johnson · License #02156467
(206) 235-1396
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 8:06AM
MLS# 260026614
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This residential property contains two separate units on a 0.1374-acre parcel. The buildings total 2,702 square feet and date to 1950. Heating is provided by forced air and fireplaces, with wall or window units for cooling. The property includes five bedrooms and four bathrooms.
The site is in Chula Vista, near Vista Square Elementary, Chula Vista Middle School and Chula Vista High School. Shopping and dining destinations named nearby include Third Avenue Village, Chula Vista Center, Gateway Marketplace and Terra Nova Plaza. Chula Vista Bayfront and Harbor Park are identified as waterfront recreation areas in the surrounding area. I-5 and I-805 provide regional connections.
The site is in Chula Vista, near Vista Square Elementary, Chula Vista Middle School and Chula Vista High School. Shopping and dining destinations named nearby include Third Avenue Village, Chula Vista Center, Gateway Marketplace and Terra Nova Plaza. Chula Vista Bayfront and Harbor Park are identified as waterfront recreation areas in the surrounding area. I-5 and I-805 provide regional connections.
Key Highlights
- Two separate residential units on one parcel
- 2,702 square feet on 0.1374 acres
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,602
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,040
$932.0K
Cap Rate 7%
$665,743
$665.7K
Cap Rate 9%
$517,800
$517.8K
Market Conditions
NOI Build-Up for 2,702 SF
Gross rent
$69.7K $25.80/SF
− Vacancy
−$3.1K −$1.16/SF
EGI
$66.6K $24.64/SF
− OpEx
−$20.0K −$7.39/SF
NOI
$46.6K $17.25/SF
Area
Chula Vista, CA
Vacancy
4.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,040
Cap Rate 7%
$665,743
Cap Rate 9%
$517,800
Alternative Uses
Best Use
Multifamily LT 5
$665.7K
$582.5K – $776.7K
NOI $46,602 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$617.5K
$540.3K – $720.4K
NOI $43,223 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$861.8K
$754.0K – $1.01M
NOI $60,323 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,889
Businesses Nearby
Explore this area
Business Placement
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
$676,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in San Diego County, CA
Properties on Market for Duplexes in San Diego County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct dwellings occupy one parcel in Chula Vista.
Where is this duplex located?
The property is located at 559-61 Roosevelt St Chula Vista, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two separate residential units on one parcel; 2,702 square feet on 0.1374 acres; Built in 1950
