Listed by: Home Investment Center • Juan Rodriguez • Contact: juanrodriguez15@msn.com
$1,700,000
0 Spruce Rd, Chula Vista, CA 91911
--beds
--baths
0.85Acres
Unimproved Land
Built in ----
0.85 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 11-unit condominium project approved and entitled by the City of Chula Vista eliminates the most unpredictable and stressful phase of real estate development. Navigating discretionary approvals, California Environmental Quality Act compliance, design reviews, and community pushback typically takes 9 to 15+ months—often stretching past two years. Skipping this phase saves massive holding costs, interest payments, and bureaucratic delays, allowing to capitalize on the immediate market. All 3-Bed, 2-Car Garage Units allignes with specified unit mix perfectly targets much of the buyer pool.The housing market remains highly supply-driven, with 3-bedroom townhomes and condos moving quickly. Attached 2-car garages are a fantastic selling point in townhome/condo communities compared to units with open carports or single spaces. See attached drawings on the document section.
55 days
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109
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10
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Zillow last checked:
Listing updated:
Listed by:
Juan RodriguezDRE #01133130juanrodriguez15@msn.com,
Home Investment Center
Source: CRMLS,MLS#: PTP2604483Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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