881 First Avenue, Chula Vista, California 91911, Chula Vista, 91911 - 4 bed, 3 bath
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Chula Vista, California 91911
Analysis of 881 First Avenue, Chula Vista, California 91911 is currently available with a list price of $1,999,095. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1949 with no evidence of major renovations in the last 50 years, this property is marketed primarily as a redevelopment and investment opportunity. The listing focus is almost entirely on the 15,000 sq. ft. lot and its potential for high-density construction, suggesting the existing structure adds little to no value compared to the land.
The expansive 15,000 sq. ft. lot with rare alley access provides a premier infill opportunity for high-density redevelopment, multi-unit projects, or ADU expansion.
Positioned in the heart of West Chula Vista near the rapidly evolving waterfront and urban core, the property is primed for long-term capital appreciation.
The property offers bay and peek-a-boo ocean views, adding a premium aesthetic element that enhances the marketability of a future luxury build or renovation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 15000.
At a list price of nearly $2 million for a 1949 structure, the value is heavily weighted in the land, requiring substantial additional capital for redevelopment.
Development density and specific use possibilities are not guaranteed and require extensive buyer due diligence with the City of Chula Vista.
Exceptional development and investment opportunity in the heart of West Chula Vista! Situated on an expansive 15,000 sq. ft. lot with convenient alley access, this property offers tremendous potential for developers, investors, and builders looking to capitalize on the continued growth and revitalization of the area. The oversized parcel provides ample space and flexibility for redevelopment, potential lot expansion concepts, or a custom residential project (buyer to verify zoning, density, and development possibilities with the City of Chula Vista). The alley access enhances the development potential by allowing for additional parking access, possible rear-entry garages, or improved site design for future construction. Located in an established neighborhood with close proximity to major transportation routes, shopping, dining, schools, and the rapidly evolving Chula Vista waterfront and urban core, this property is ideally positioned for long-term appreciation and redevelopment. Opportunities to acquire large infill parcels of this size in central Chula Vista are increasingly rare. Whether you’re looking to renovate, hold as a rental, or pursue a development project, this property presents a unique chance to unlock the full potential of a sizable lot in a prime South Bay location. Buyer to verify all development possibilities, zoning, and use with the City of Chula Vista.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,212 | 1,469.5 | 89% |
| Lot Size | 0.34 | 7,000 | 21% |
| Price | $2.00M | $805.0K | 98% |
| Price per sq ft | $904 | $569 | 96% |
| Built year | 1949 | 1964 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 162 | 6% |
Mar 16, 2026
$1,999,095
Initial Listing