223 Zenith Street, Chula Vista, California 91911, Chula Vista, 91911 - 4 bed, 2 bath
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Chula Vista, California 91911
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned above the $782,764 Fair Market Value. While the price reflects a premium, the property’s unique configuration as a three-unit income-producing asset offers significant Buy-and-Hold Investors the ability to offset mortgage costs through rental income. Featuring a Fair Condition Rating, the home requires cosmetic updates to maximize its 7,405-square-foot lot potential. This is an ideal acquisition for Owner-Occupants seeking a house-hack strategy in a well-established Chula Vista neighborhood.
Property is moderate renovation needed.
Built in 1965, the property has undergone some cosmetic updates including laminate flooring and recessed lighting, but the kitchen and bathrooms remain dated. The listing explicitly mentions the need for cosmetic improvements to add value, and while functional, the finishes and overall aesthetic reflect a renovation age of over 20 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1380.
The property is uniquely configured with three separate living areas, providing an excellent opportunity for house-hacking or multi-stream rental income to offset mortgage costs.
Situated on a 7,405-square-foot lot, the property offers ample outdoor space and significant parking capacity, which is a high-demand feature for multi-unit residences.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7496. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1380, other record living area = 2502. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
The property requires cosmetic updates and improvements, indicating that the buyer will need to budget for immediate renovations to modernize the interior and add value.
With only 1,380 square feet divided into three distinct living sections, the individual units likely feature very small footprints or non-traditional layouts that may limit appeal to certain tenants.
Welcome to 223 Zenith Street, a unique SFR and rental/income-producing property in the heart of Chula Vista offering flexibility for both owner-occupants and investors. This Single-Family Residence with additional living areas has been maintained by the current owner, who occupied one section, while generating rental income from the other two living areas. The property presents an excellent opportunity for buyers seeking a blend of personal residence and investment potential. Each section offers functional living space with a practical layout, and opportunities for a new owner to add value through cosmetic updates and improvements. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or accommodate extended family, this property offers multiple possibilities! Situated on a generously sized lot with ample parking and outdoor space, the property provides room for tenants and owner-occupants alike. Conveniently located near schools, shopping, dining, parks, public transportation, and major commuter routes, the location continues to be a strong draw for both residents and renters. With rental income potential, owner-occupancy flexibility, and opportunities for future improvements, 223 Zenith St. represents an excellent opportunity to acquire a versatile property in one of Chula Vista's well established neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,380 | 2,140 |
| Lot Size | 7,405 | 7,000 |
| Price | $850.0K | $943.8K |
| Price per sq ft | $616 | $488 |
| Built year | 1965 | 2000 |
| HOA | $0 | $128 |
| Days on market | 37 | 44 |
Jun 25, 2026
$850,000
Initial Listing
Oct 9, 2020
$600,000
Public Record
Oct 17, 2016
$440,000
Public Record