1650 Walnut Drive, Chula Vista, California 91911, Chula Vista, 91911 - 5 bed, 3 bath
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Chula Vista, California 91911
This Spacious Multi-Generational Asset is a Strong Value Opportunity, listed at $830,000—positioned slightly above the $821,573 Fair Market Value. While the property requires modernization, its Condition Rating of 4 is offset by a private-entry suite, offering significant income potential. The expansive 8,695 sq. ft. lot provides rare utility for storage or work vehicles. Located in the Sweetwater Union district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible layout with immediate rental income capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1650 Walnut Drive Subject | $830,000* List Price | 5 | 3 | 1,652 | $497 | - |
A 1600 Malta Ave Sold | $860,000 | 4 | 2 | 1,744 | $493 | 0.3 mi |
B 102 Teal Street Sold | $745,000 | 5 | 3 | 2,080 | $358 | 0.3 mi |
C 1627 Oleander Sold | $825,000 | 3 | 2 | 1,456 | $567 | 0.6 mi |
D 1531 Max Avenue Sold | $856,000 | 4 | 3 | 2,116 | $405 | 0.5 mi |
E 1541 Malta Ave Sold | $600,000 | 3 | 3 | 1,344 | $446 | 0.4 mi |
F 475 Rivera Ct Sold | $740,000 | 4 | 2 | 1,248 | $593 | 0.9 mi |
G 1453 Nolan Court Active | $859,000 List Price | 3 | 2 | 1,788 | $480 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home has received cosmetic updates like fresh paint and new carpet, but the kitchen and bathrooms remain dated with older tile countertops, 1970s-style drop ceilings, and older appliances. While functional and move-in ready, the property requires modernization of its primary systems and wet areas to move beyond a dated status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8695, living area = 1652.
The property includes a private-entry room with a full bathroom, offering an excellent opportunity for rental income or a private guest suite for multi-generational living.
With 2,561 square feet of living space and 5 bedrooms, this home provides a much larger and more flexible layout than the standard 3-bedroom footprint reflected in tax records.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The discrepancy between the tax records (3/2) and the actual configuration (5/3) may present challenges during the appraisal process or with securing certain types of financing.
The assigned elementary school has a lower rating of 4/10, which may be a drawback for families prioritizing high-performing educational districts.
Beautifully updated home featuring 5 bedrooms, 3 bathrooms (tax records reflect 3 bedrooms and 2 baths) and a 2-car garage. Fresh interior and exterior paint, plus a spacious layout designed for comfortable living. Two bedrooms on the first floor, including the primary suite, offer convenience and flexibility. 2,561 square feet based on the additions shown in the house plans. The large yard provides plenty of space for families, work trucks, or multiple vehicles. Enjoy your own garden with mature fruit trees including quince, lemon, loquat, and sapote. Bonus: private-entry room with full bathroom, ideal for extended family or rental income. Relax or entertain on the large balcony. Prime location near freeways, shopping, schools, and parks—easy access to everything South Bay has to offer. Great opportunity for homeowners or investors seeking space and income potential.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,652 | 2,140 |
| Lot Size | 8,695 | 7,000 |
| Price | $830.0K | $943.8K |
| Price per sq ft | $502 | $488 |
| Built year | 1955 | 2000 |
| HOA | $0 | $128 |
| Days on market | 72 | 44 |
Jun 3, 2026
$830,000
$799,900
+4% Price Increase
Initial Listing
May 11, 2026
$799,900
Initial Listing