475 Oxford Street

Chula Vista, CA 91911

$1,849,000
Price
8
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Entertaining all offers - double lot, high rent roll, + development opportunity! In the opportunity zone, this SFR + Duplex have potential to add value. This is a double lot located in West Chula Vista with freeways, public transportation, and shopping accessible. This property boasts a 4 bed + loft, 2 bath Single Family Residence as well as a Duplex with 2 beds, 1 bath per unit (newly constructed). The existing 3 units are all built on 1 side of the almost 16,000 sqft lot. New owners can LOT SPLIT...Entertaining all offers - double lot, high rent roll, + development opportunity! In the opportunity zone, this SFR + Duplex have potential to add value. This is a double lot located in West Chula Vista with freeways, public transportation, and shopping accessible. This property boasts a 4 bed + loft, 2 bath Single Family Residence as well as a Duplex with 2 beds, 1 bath per unit (newly constructed). The existing 3 units are all built on 1 side of the almost 16,000 sqft lot. New owners can LOT SPLIT or continue to develop the west half of the property utilizing SB-9 regulations to their advantage. Each unit has designated parking and washer/dryer hookup. All 3 units are currently rented on a month-to-month lease, have ample parking, and have their own washer/dryer hookup. Unit 1: SFR 4 bed/2 bath, Rent is $3545, Pro Forma: $4000. Unit 2: Duplex Side A 2 bed/1 bath, Rent is $2315, Pro Forma: $2550. Unit 3: Duplex Side B 2 bed/1 bath, Rent is $2235, Pro Forma: $2550. Gross Income: $97140. Cap Rate is approximately 4.81% but can be increased with Pro Forma rents up to 4.9%. ATTENTION DEVELOPERS: This Property falls within the "Opportunity Zone" which provides tax incentives with the intention to promote investment in economically distressed neighborhoods. Investor's Keep all Appreciation on this purchase if they hold the property for at least 10 Years! Through this program, investors can achieve the following three significant tax benefits. All information provided is deemed reliable. Buyer to verify all before the close of escrow including but not limited to: permits, units, square footage, and development opportunities allowed.
  1. Listed by Leslie Peraza • DRE #01426666 • Brokerage DRE #01517238 • Finest City Homes • leslie@leslieperaza.com
  2. Listed by Luis Peraza • DRE #02118046 • Brokerage DRE #01517238 • Finest City Homes

Property Details for 475 Oxford Street

Parking Spaces Total
11
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
0
Assessor Parcel Number
618-301-04-00
Property Attached YN
true
LISTING UPDATED: 01/29/2025 06:59 AM

Property Details for 475 Oxford Street

StatusActive
MLS #PTP2500689
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.36 AC / 15,668 SF
CountySan Diego County

Building Information for 475 Oxford Street

Stories1Residences-Year Built1948Building Size-Lot Size0.36 AC / 15,668 SF

Property Information for 475 Oxford Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $97,140
  • Gross Scheduled Income: $97,140
  • Net Operating Income: $89,040
  • Cap Rate: 4.81
Expense Details
  • Operating Expense: $8,100
  • New Taxes Expense: $21,633
  • Electric Expense: $2,500
  • Insurance Expense: $1,600
  • Maintenance Expense: $1,000
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
  • Total Expenses: $8,100
Tax / Assessment Info
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: Front
  • Fence: No
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Gentle Sloping, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Value In Land
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
Parking Info
  • Garage Spaces: 1
  • Parking: No
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,545
  • Unit Type Total Rent: $3,545
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,315
  • Unit Type Total Rent: $2,315
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,235
  • Unit Type Total Rent: $2,235
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 475 Oxford Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 475 Oxford Street

Taxable ValueLand$198,783Additions$163,285Total$362,068
Tax Record2024$5,544 ($462 / month)
Home Facts
Beds3Total Finished SqFt1,420 SqFtAbove Grade Finished SqFt1,420 SqFtLot Size15,668 SqFtStyleSingle Family ResidenceYear Built1948ZoningR-1:SINGLE FACountySAN DIEGOAPN618-301-04-00

Schools near 475 Oxford Street

This home is within Chula Vista Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Lauderbach (J. Calvin) Elementary School
PublicK to 6

Castle Park Middle School
Public7 to 8

Castle Park Senior High School
Public9 to 12

Palomar High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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475 Oxford Street is a multi-family home for sale in Chula Vista, CA 91911. This property was listed for sale on January 23, 2025 by Finest City Homes, it's currently listed at $1,849,000. It has been on the market for a total of 26 days and was last sold on July 2, 2002. This listing's school districts are Chula Vista Elementary School District, Sweetwater Union High School District. Nearby schools include Lauderbach (J. Calvin) Elementary School, Castle Park Middle School and Castle Park Senior High School. 475 Oxford Street is a 8-bed, 0-bath, multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Finest City Homes, Leslie Peraza, DRE #01426666; Finest City Homes, Luis Peraza, DRE #02118046

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