Home Investment Center
Listed by Home Investment Center
$1,700,000
Spruce
Details
APN 6240421100
Property Type Land
Sub Type Lots/Land
Acreage 0.849
Land | 0.849 acres
Marketing description
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+ monthsoften 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.
Listing Contacts
Home Investment Center
Listed by Home Investment Center
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Zoning
R1 ResidentialSingle FamilySingle Family Residence
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View all 38 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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