316 First Ave, Chula Vista, California 91910, Chula Vista, 91910 - 3 bed, 2 bath

316 First Ave, Chula Vista, California 91910 home-pic-0

316 First Ave

Chula Vista, California 91910

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,415Sq Ft
Lot Size

Property Price

LIST PRICE$799,000
EST. MARKET VALUE
$840,845
4% BelowMARKET VALUE

SUMMARY

Analysis of 316 First Ave, Chula Vista, California 91910 reveals a Prime Investment Opportunity with a current list price of $799,000—significantly undercutting the $840,845 Fair Market Value by 4%. This valuation gap indicates a +$41,845 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Chula Vista Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$840,845 +$41,845 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
316 First Ave
Subject
$799,000*
List Price
321,415$594-
A
287 Second Ave
Sold
$747,500311,193$6270.2 mi
B
183 Vance Street
Sold
$897,500421,310$6850.3 mi
C
431 Del Mar Ct
Active
$675,000
List Price
321,032$6540.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and has undergone significant recent cosmetic updates, including refinished natural hardwood floors, fresh interior and exterior paint, recessed lighting, and new fixtures. While the kitchen and bathrooms retain their original 1954 vintage style, they are described as meticulously maintained and functional. The combination of recent aesthetic improvements and well-preserved mid-century character justifies a 'good' rating despite the age of the primary utility rooms.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7100, living area = 1415.

  • Turnkey Upgrades

    The home features recently refinished natural hardwood floors, fresh interior and exterior paint, and updated fixtures, offering a crisp, move-in-ready experience for buyers.

  • Expansive Lot

    Situated on a generous 7,100 sq ft lot, the property provides a large backyard with a patio, offering significant space for outdoor entertaining, gardening, or potential future expansion.

CONSRISKS & DEFICIENCIES

  • Vintage Interior Elements

    While meticulously maintained, the kitchen and bathrooms are in vintage condition, which may require additional investment for buyers seeking a fully modernized aesthetic.

  • Middle School Rating

    The assigned middle school has a lower performance rating (4/10) compared to the elementary and high schools, which may be a consideration for education-focused families.

About 316 First Ave

Immaculate and spacious 3-bedroom, 2-bath, 1415 sf home situated near downtown Chula Vista, set on a wide tree-lined street in a quiet neighborhood. Built in 1954 and beautifully maintained, this home is filled with natural light and blends classic character with recent upgrades including recently refinished natural hardwood floors throughout, fresh interior and exterior paint, recessed lighting, new fixtures, updated hardware, new window coverings, and a new garage door that creates a crisp, move-in-ready feel. The well-maintained vintage kitchen and refreshed baths provide charming mid-century appeal and have been meticulously cared for. The generous living and dining areas offer an easy flow, with large windows and sliding glass doors that open to an expansive yard with patio on the 7,100 sq ft lot. The primary bedroom includes a large walk-in closet that offers excellent storage, along with floor-to-ceiling windows with excellent views of the spacious yard. The backyard offers plenty of room to entertain, garden, or just relax in the sunshine. The large windows throughout this home complete the picture and frame greenery to enhance the bright, airy feel of this special home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
-

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Chula Vista Unified Schools

Rosebank Elementary School

Grades K-6 • 0.5 mi

6/10

Hilltop Middle School

Grades 7-8 • 1.0 mi

4/10

Hilltop Senior High School

Grades 9-12 • 0.8 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
47%
Baths2.02.0
50%
Square foot1,4151,740
27%
Lot Size-7,100
12%
Price$799.0K$890.0K
31%
Price per sq ft$565$519
68%
Built year19541961
32%
HOA$0$0
50%
Days on market8165
1%

Pricing History

Listed for Sale

Feb 27, 2026

$799,000

Initial Listing

Sold

Feb 6, 2024

$725,000

Public Record

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