Live Auction! Bidding to start from $750,000! Financial Opportunity lies within, Chula Vista. Owner receives rental income from mobile home hookups generating $7500 a month. Property sits on a 0.475 acres with potential opportunity to develop a tri-level multi home property. With possible Ocean views from the 3rd floor. Existing house built in 1953 with 756 SQ FT. Current development happening on a street over set to be finished in the fall of 2022, that will hold 96 affordable apartments. Easy access to 5 FWY, minutes to shopping, and Chula Vista Marina, Scripps Hospital and North Island Credit Union Amphitheater. The value of this property is in the land development opportunity. No plans or permits have been approved.
Listing courtesy of Harcourts Prime Properties
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