Prime development opportunity in a growing area of Chula Vista! With ongoing development in the surrounding area and a versatile lot full of potential, now is your chance to secure a property with room to grow! Situated on an expansive 10,032 sq. ft. R-3 zoned lot, this property offers exciting possibilities for investors, developers, business owners and homeowners alike. The existing 2-bedroom, 1-bathroom, 788 sq. ft. home has been beautifully updated with a brand-new kitchen and appliances, modern bathroom, new flooring, fresh interior and exterior paint, and enhanced curb appeal, making it completely move-in ready! Live in the existing home or generate rental income while planning your next development project on the remaining land! This property offers an opportunity to maximize its use and long-term investment value, whether your vision is to develop additional rental units, create a multigenerational family compound with ADUs, or simply enjoy the space and privacy of an oversized lot! Conveniently located near major freeways, public transportation, shopping centers, and everyday amenities. Buyer to verify zoning, allowable density, and development possibilities with the City of Chula Vista. All financing types available!