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402 Church Ave , Chula Vista, CA 91910
$1,688,888
Est. Payment: $8,528.39/mo
0 Bed
6 Bath
0 Sqft
Status: active | Days on site: 133
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Chris Heller
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House Description

PRIME MIXED-USE REDEVELOPMENT PROPERTY!! Multiple redevelopment scenarios may be possible from 49 AFFORDABLE UNITS + 8 ADU's; OR 10 Lots/INDIVIDUAL TOWNHOMES; OR 10 Units + 8 ADU's; or build 2 TOWNHOMES OR 6 ADDITIONAL UNITS to replace commercial Mechanics Shop. Keep the four residential units in place while entitling and building out back two buildings for income. Or Mechanic Owner/User with 4 Residential Income Units on Front 2-Story building. This property has a variety of options and potential for a future investor or developer from small projects to large affordable units. Bring your developers large or small as SB684 paves the way. All tenants on M-M with lower than market rents for value add. 10 % increases will bring this to approx. TO A 5.22% CAP. Both buildings insured separately connected by emergency exit exterior 2nd- floor wooden staircase attached to both buildings. Gated property, on corner of Church Ave. and G St- WITH LEGAL ADDRESSES OF 402 CHURCH FOR UNITS #2(2B/1B $1870/m) , #3(2B/1B $1980/m) & #4(2B/1B $2200/m) + each pay utilities, except water; Unit #282 G ST. (2B/2B $2300/m + utilities, except water) AND MECHANICS SHOP #286 G ST. ($2500/m + G & E utilities)one block off 3RD AVENUE PROMENADE- FAMOUS Walking Retail, Restaurant & Commercial District with Mass Transit. MECHANICS SHOP SEPARATELY METERED; TENANT PAYS G&E. ALL FOUR RESIDENTIAL UNITS SEPARATELY METERED FOR SDGE. LANDLORD PAYS WATER. 4 RESIDENTIAL UNITS. 2B/2B AT 282 G STREET HAS 2 POINT INGRESS/EGRESS AS WERE LEGALLY CONVERTED RESIDENTIAL UNITS ONCE OFFICES.
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Highlights

Listed by Lesha A Montoya , 619-992-5863 Pacific Coast Commercial , San Diego County Multiple Listing Service mls logo

Property Type

Commercial Sale
Lot/Acreage
0.15

Year Built

1930

County

San Diego

Area

South Bay

Listing ID

260008896

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:

Exterior Features

Lot Dimensions:120x55x120x52
Zoning:Commercial
Roof:Composition,Other/Remarks
Principal Interest
$8,528
Taxes
$1,077

Home Price

$1,688,888

Loan Details

30 yrs
6.487%

Down Payment

20%
$337,778
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,528.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,528.39 $1,076.67 $0.00 $9,605.05
Yearly $102,340.67 $12,919.99 $0.00 $115,260.66
Total $3,070,219.97 $387,599.80 $0.00 $3,457,819.77

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T20:38:14.000Z

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