Secluded Duplex with Detached
For Sale
Contact for pricing
807 Ada, Chula Vista, CA 91911
Two 2-bedroom units with private backyards, laundry hookups, and a detached 2-car garage on an R3 lot.
Property Size1,816 SF
Lot Size0.32 Acres
Price / SF$437.78
Days on Market69
Property Features for 807 Ada
General Information
Standard status
Active
Size
1,816 SF
Total Parking Spaces
2
Lot size
0.32 Acres
Property subtype
Multifamily
Zoning
R3
Additional Details
Multifamily Units
2
Building Details
Year Built
1977
Tenancy
Multi
Listing Agency:
Principle Real Estate Group
Listed By:
David Nelson · License #00981294
Source:
Crexi
Added: Jun 13
Changed: Jul 10
Last Checked: Aug 19 at 10:41PM
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 Principle Real Estate Group
Investment Insights
Based on property information with market context.
This secluded duplex offers two separate 2-bedroom residences, each with its own small private backyard overlooking open space. A detached 2-car garage is also included, and laundry hookups are provided for the units. The property is situated on an extra-large lot, supporting a straightforward two-unit setup while allowing flexibility for what can be developed on-site.
The duplex is located in southwest Chula Vista and sits behind 803 Ada. An easement has been granted for the driveway, providing vehicle access to the property. The area offers everyday convenience, with a trolley station about two blocks away and walking distance to a grocery store as well as Target and Walmart.
For buyers considering an owner-occupied or residential income strategy, the layout supports separate living spaces with private outdoor areas and on-site laundry hookups. The lot is zoned R3, and the property is identified as a good candidate to add more units, subject to applicable approvals and development requirements. Please do not disturb tenants; showings are limited to accepted offer arrangements.
The duplex is located in southwest Chula Vista and sits behind 803 Ada. An easement has been granted for the driveway, providing vehicle access to the property. The area offers everyday convenience, with a trolley station about two blocks away and walking distance to a grocery store as well as Target and Walmart.
For buyers considering an owner-occupied or residential income strategy, the layout supports separate living spaces with private outdoor areas and on-site laundry hookups. The lot is zoned R3, and the property is identified as a good candidate to add more units, subject to applicable approvals and development requirements. Please do not disturb tenants; showings are limited to accepted offer arrangements.
Key Highlights
- Duplex built in 1977 with two 2‑bedroom units
- Each unit includes a small private backyard overlooking open space
- Detached 2‑car garage with laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,321
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$626,420
$626.4K
Cap Rate 7%
$447,443
$447.4K
Cap Rate 9%
$348,011
$348.0K
Market Conditions
NOI Build-Up for 1,816 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$46.9K $25.80/SF
− Vacancy
−$2.1K −$1.16/SF
EGI
$44.7K $24.64/SF
− OpEx
−$13.4K −$7.39/SF
NOI
$31.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$626,420
Cap Rate 7%
$447,443
Cap Rate 9%
$348,011
Alternative Uses
Best Use
Multifamily LT 5
$447.4K
$391.5K – $522.0K
NOI $31,321 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$415.0K
$363.1K – $484.2K
NOI $29,050 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$579.2K
$506.8K – $675.7K
NOI $40,543 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,622
Businesses Nearby
Explore this area
Business Placement
Demographics for 91911, CA
85,442
Population
27,533
Households
3.1
Avg Household Size
37
Median Age
19%
College-Educated
78%
High-School Grad
12.7 sq mi
ZIP Area
6,728
Density / Sq Mi
$79,334
Median Household Income
$39,003
Median Earnings
$1,931
Median Rent
$602,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two 2-bedroom units with private backyards, laundry hookups, and a detached 2-car garage on an R3 lot.
Where is this duplex located?
The property is located at 807 Ada Chula Vista, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Duplex built in 1977 with two 2‑bedroom units; Each unit includes a small private backyard overlooking open space; Detached 2‑car garage with laundry hookups
