About This Home
This land at 0 Spruce Road in Chula Vista, CA is listed for $1,700,000 (0.85 acres).
Key Features
- 0.85 acre lot
Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 10-unit condominium project approved and entitled by the City of Chula Vista eliminates the most unpredictable and stressful phase of real estate development.
Navigating discretionary approvals, California Environmental Quality Act compliance, design reviews, and community pushback typically takes 9 to 15+ months—often stretching past two years. Skipping this phase saves massive holding costs, interest payments, and bureaucratic delays, allowing to capitalize on the immediate market.
All 3-Bed, 2-Car Garage Units allignes with specified unit mix perfectly targets much of the buyer pool. The housing market remains highly supply-driven, with 3-bedroom townhomes and condos moving quickly. Attached 2-car garages are a fantastic selling point in townhome/condo communities, significantly raising appraisal values and velocity of sales compared to units with open carports or single spaces.
Location
0 Spruce Road
Chula Vista, CA 91911
Features & Amenities
Exterior Features
Questions & Answers
This 0-bedroom, 0-bathroom land at 0 Spruce Road is listed at $1,700,000. The estimated monthly payment is $9,092 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.85 acre lot. Exterior Features: Community Features Included: Street Lights.
This property is listed by Juan Rodriguez and can be reached at 6194107337.