216 218 Alvarado St, Chula Vista, California 91910, Chula Vista, 91910 - 0 bed, 0 bath
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216 218 Alvarado St
Chula Vista, California 91910
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,660Sq Ft
7,201Lot Size
Property Price
LIST PRICE$1,199,000
EST. MARKET VALUE
$1,168,656
SUMMARY
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $1,199,000, which aligns closely with the $1,195,997 Fair Market Value. Featuring a Mint Condition Rating following a comprehensive recent remodel, the property offers immediate rental readiness. The inclusion of pending plans for a third unit (ADU) provides a clear path for forced appreciation and increased cash flow. With its prime location near downtown Chula Vista and high walkability, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Estimated Market Value
$1,168,656
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 216 218 Alvarado St Subject | $1,199,000* List Price | 0 | 0 | 1,660 | $704 | - |
A 721 Del Mar Avenue Active | $1,075,000 List Price | 0 | 0 | 1,847 | $582 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely <5 years). It features modern kitchens with white shaker cabinets and stainless steel appliances, new LVP flooring, recessed lighting, and updated mini-split HVAC systems. Both interior and exterior are in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
The property includes plans for a third unit (ADU) that are nearing approval, providing a clear path to increase rental income and overall property valuation.
- Prime Walkable Location
Situated in West Chula Vista near downtown, the property boasts excellent walkability to local amenities, ensuring high tenant demand and low vacancy rates.
- Turnkey Existing Units
Both the main house and the back unit have been remodeled and feature convenient inside laundry, reducing the need for immediate capital improvements by the buyer.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-11-13. The sold price is $750,000.00.
- Development and Permitting Risk
The transition to a three-unit property is still in progress and dependent on final city approvals, which can introduce timing delays or unexpected compliance costs.
- Loss of Covered Parking
Converting the garage into a third residential unit eliminates traditional covered parking, which may be a disadvantage for tenants and could impact street parking availability.
About 216 218 Alvarado St
INCREDIBLE OPPORTUNITY TO OWN A REMODELED 2 ON 1 ON A LARGE LOT IN WEST CHULA VISTA NEAR DOWNTOWN WITH PLANS FOR AN ADU THAT ARE APPROX 30 DAYS AWAYS FROM APPROVAL. 2 BEDROOM, 2 BATH MAIN HOUSE WITH INSIDE LAUNDRY AND A YARD. BACK UNIT IS A 2 BEDROOM, 1 BATH UPSTAIRS WITH INSIDE LAUNDRY AND A GARAGE. THE GARAGE IS IN PROCESS OF BEING CONVERTED TO A 3RD UNIT/ADU THAT IS A 2 BEDROOM, 2 BATH. EXCELLENT LOCATION WITH WALKABILITY TO DOWNTOWN, HUGE UPSIDE AND MUCH MORE.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1963
- Lot Size
- 7,201 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.3 |
| Baths | 0.0 | 2.8 |
| Square foot | 1,660 | 1,731.833 |
| Lot Size | 7,201 | 5,086.195 |
| Price | $1.20M | $822.8K |
| Price per sq ft | $722 | $507 |
| Built year | 1963 | 2000 |
| HOA | $0 | $298 |
| Days on market | 34 | 71 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,199,000
Initial Listing
Sold
Nov 13, 2025
$750,000
Public Record