462 464 Emerson Street, Chula Vista, California 91911, Chula Vista, 91911 - 7 bed, 5 bath
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Chula Vista, California 91911
This High-Yield Multi-Unit Income Property is listed at $1,475,000, representing a stabilized residential asset with a $1,384,115 Fair Market Value. The property’s primary value driver is the $10,500 monthly rental income produced by four turnkey units, including a permitted ADU and two luxury studios. With a Condition Rating of 2, the recent remodel includes modern vinyl plank flooring, shaker cabinets, and mini-split HVAC systems. Situated near Lauderbach Elementary, this high-density site offers immediate cash flow for Buy-and-Hold Investors or Portfolio Managers seeking a low-maintenance, income-producing acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 462 464 Emerson Street Subject | $1,449,000* List Price | 7 | 5 | 2,689 | $508 | - |
A 1116 Second Avenue Active | $1,385,000 List Price | 9 | 6 | 3,391 | $408 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1952, the property has undergone an extensive recent renovation across all four units. The interiors feature modern vinyl plank flooring, updated kitchens with white shaker cabinets, butcher block countertops, and stainless steel appliances. The inclusion of new mini-split HVAC systems, contemporary light fixtures, and updated bathrooms throughout the multi-unit configuration indicates that all major components are virtually new and meet current quality standards.
The property generates a substantial $10,500 monthly rental income across four distinct units, offering an immediate and high-yield opportunity for real estate investors.
The layout includes a main house, a permitted ADU, and two studios, each equipped with private entrances, dedicated laundry stations, and individual backyards to maximize tenant privacy.
Recently remodeled throughout, the property features contemporary finishes, luxury studio interiors with high ceilings, and energy-efficient mini-split cooling systems in multiple units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10450, other record lot size in square feet = 10336. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2689, other record living area = 1389. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
The main three-bedroom residence is serviced by only one bathroom, which may limit its appeal to larger families or reduce its competitive edge compared to more modern layouts.
Operating four units on a lot zoned for Single Family Residence (R1) may present long-term challenges regarding intensive site use and limits future expansion possibilities under current zoning constraints.
You are going to love this $10,500 a month rental income property! The heart of Chula Vista brings to you this gem of an opportunity (7 bed - 5 full bath divided into 4 units), recently remodeled and conveniently located close to schools, parks, restaurants and shopping. This property is zoned R1 Single Family Residence with a permitted ADU. The main house consists of a 3bed, 1bath, with an indoor washer/dryer, mini split, private parking for 3 cars and a private backyard. Attached to the main house there is a studio with its own entrance, full bathroom, and a private backyard. It also comes with its own washer dryer and private parking. The ADU in the back consists of a 2bed, 2full bath, large kitchen and open space, 3 mini splits, indoor washer/dryer station, private parking for 3 cars and backyard. Attached to this ADU there is a bonus 1bed, 1bath luxury studio with a full kitchen, high ceilings, private backyard and a private washer/dryer station. This is the perfect income property you have been looking for to add to your portfolio, make it yours now!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 2,689 | 1,484 | 94% |
| Lot Size | 10,450 | 7,000 | 94% |
| Price | $1.45M | $800.0K | 98% |
| Price per sq ft | $539 | $562 | 43% |
| Built year | 1952 | 1964 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 162 | 5% |
Apr 4, 2026
$1,449,000
$1,475,000
-2% Price Drop
Initial Listing
Mar 31, 2026
$1,475,000
Initial Listing
May 2, 2022
$730,000
Public Record