
Chula Vista, California 91910
This Award-Winning Triplex represents a Strong Value Opportunity, listed at a List Price of $1,789,000, which aligns with its $1,789,000 Fair Market Value. Built in 2015, this asset maintains an Excellent Condition Rating, featuring high-end finishes like Granite Kitchens and Central HVAC. Its prime location near Third Avenue ensures consistent rental demand, while the modern construction minimizes maintenance overhead. This property is an ideal acquisition for Buy-and-Hold Investors seeking a stable, turnkey asset or Owner-Occupants interested in a sophisticated house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 Del Mar Avenue Subject 0 bd · 0 ba · 3,195 sqft · $560 | $1,789,000* List Price | 0 | 0 | 3,195 | $560 | - |
A 249 51 Garrett Avenue Pending 0 bd · 0 ba · 2,250 sqft · $700 · 0.2 mi | $1,575,000 List Price | 0 | 0 | 2,250 | $700 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property is within the <10-year age bracket for excellent condition. It features modern kitchens with granite countertops and stainless-steel appliances, updated bathrooms with contemporary tile work, wood flooring, crown molding, and central HVAC systems. The exterior and interior appear in mint condition with no immediate maintenance required.
Built in 2015, this award-winning triplex features Craftsman-inspired architecture and high-end finishes like custom cabinetry and granite countertops, offering significantly lower maintenance requirements than typical older multi-family assets in the area.
Situated just two blocks from Third Avenue’s vibrant dining and shopping district and near the Chula Vista Marina, the property is ideally positioned to command high tenant demand and premium rental rates.
Each residence is equipped with central air conditioning, in-unit laundry, and private garage parking, providing a luxury living experience that distinguishes these units from standard rental inventory.
With over 60 days on the market and a recent $111,000 price reduction, the property may face appraisal challenges or perceived market resistance regarding its current valuation.
The use of pre-tenancy interior photos in marketing materials may not accurately reflect the current wear and tear of the units, potentially leading to discrepancies during physical inspections.
Rare three-unit opportunity in the heart of Chula Vista, prominently situated on the corner of Del Mar Avenue and Davidson Street, just two blocks from Third Avenue. Built in 2015 and recognized through the City of Chula Vista’s Ribbons & Shovels Awards, this beautifully maintained property stands apart with Craftsman-inspired architecture, mature water saving landscaping, covered balconies, stone accents, and thoughtful design throughout. The property includes two 3-bedroom residences with large 2-car garages and one 2-bedroom residence with a 1-car garage and additional off-street parking. Each residence features air conditioning, wood flooring, crown molding, upgraded trim, custom cabinetry, stainless-steel appliances, and a front-loading stackable washer and dryer. 249 Del Mar offers 3 bedrooms, 2.5 bathrooms, a private balcony, and an attached 2-car garage. Its custom kitchen features distressed-finish cabinetry, granite countertops, a decorative backsplash, and a breakfast bar. 241 Davidson #201 offers 3 bedrooms, 2 bathrooms, a covered balcony, a 2-car garage, and single-level living above the garages. Highlights include a custom kitchen, rich wood cabinetry, granite countertops, and a separate dining area with built-in cabinets. 241 Davidson #101 offers 2 bedrooms, each with its own bathroom, a generously sized custom kitchen, an efficient living area, wood flooring, a front balcony accessed from one bedroom, a 1-car garage, and parking for two additional vehicles. Enjoy Downtown Chula Vista living just two blocks from Third Avenue’s restaurants, coffee shops, bakeries, breweries, local businesses, community events, and Sunday farmers market. The Chula Vista Marina and Bayfront are also nearby, offering waterfront parks, shoreline walks, boating, fishing, and scenic views across San Diego Bay. **Pictures of 249 Del Mar and unit #201 were taken before tenants occupancy. Exterior pictures are current and some when built.**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.3 |
| Square foot | 3,195 | 1,971.222 |
| Lot Size | 5,989 | 6,776.463 |
| Price | $1.79M | $892.7K |
| Price per sq ft | $560 | $480 |
| Built year | 2015 | 1986 |
| HOA | $0 | $298 |
| Days on market | 80 | 70 |
Oct 12, 2026
$1,789,000
$1,900,000
-6% Price Drop
Initial Listing
Aug 6, 2026
$1,900,000
Initial Listing