124 26 Oaklawn Avenue, Chula Vista, California 91910, Chula Vista, 91910 - bed, bath
ACTIVE$1,499,000
124 26 Oaklawn Avenue, Chula Vista, California 91910
0Bed
0Bath
2,958Sqft
6,855Lot
Year Built
1995
Close
-
List price
$1.5M
Original List price
$1.59M
Price/Sqft
$507
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2503772
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(93th), sqft - 2958(87th), beds - undefined(50th), baths - undefined(50th).
Location, Location, Location! Three great units in two buildings (#1 is a 3BR 2.5BA 1,218 sq.ft.), #2 is 3BR 2BA 1,190 sq.ft.), #3 is 1BR 1BA 550 sq.ft.), centrally located in the heart of Chula Vista. Easy access to freeways and close to shopping and restaurants make this a great location. The units are in great condition, and good tenants are in place. The property will only be shown with an accepted offer.
Price History
Date
Event
Price
10/21/25
Price Change
$1,499,000
05/22/25
Listing
$1,595,000
Condition Rating
Excellent
Despite being built in 1995, the property appears to have undergone a recent and extensive renovation. The kitchen features modern white shaker cabinets, new light-colored countertops, and stainless steel appliances (microwave and gas range). The bathroom showcases contemporary gray tile in the shower surround and a new-looking tub. New wide-plank flooring and fresh paint are visible throughout, indicating that all major cosmetic components are new or virtually new, meeting current quality standards.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, explicitly categorized as 'Residential Income,' offering three distinct units with existing good tenants, ensuring immediate cash flow and strong investment potential.
Prime Central Location: Strategically located in the 'heart of Chula Vista' with 'easy access to freeways' and close proximity to 'shopping and restaurants,' enhancing tenant demand and property value.
Well-Maintained Units: The description states that 'the units are in great condition,' suggesting reduced immediate capital expenditure for a new owner and appealing to quality tenants.
Established Tenancy: With 'good tenants in place,' the property offers stable rental income from day one, minimizing vacancy risk and providing immediate returns for an investor.
Diverse Unit Configuration: The property features a versatile mix of unit sizes (two 3-bedroom units and one 1-bedroom unit), catering to a broader tenant pool and potentially maximizing rental income streams.
Cons
Restricted Showing Access: The property will 'only be shown with an accepted offer,' which significantly limits buyer access for physical inspection and due diligence, potentially deterring interested parties.
Recent Price Reduction: The list price has been reduced from $1.595M to $1.499M, which could indicate initial overpricing or a longer time on market, potentially raising questions for prospective buyers.
Lack of Detailed Unit Information: While unit sizes are provided, the description lacks specific details about individual unit features, upgrades, or amenities (e.g., parking, in-unit laundry, outdoor space), leaving unknowns for a buyer's assessment.