799 Ada St, Chula Vista, CA 91911
Local realty services provided by:Better Homes and Gardens Real Estate Registry
Listed by:jason j lee
Office:nara advisors, inc.
MLS#:250036131
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,595,000
About this home
Welcome to an extraordinary development opportunity in the highly desirable Chula Vista — now offered with a price reduction of over $100,000. This expansive 15,185 sq ft (0.37 acres) lot is zoned in an Opportunity Zone and situated within the Palomar Gateway Specific Plan District. A rare find, the property comes with Design Review Approval from the City of Chula Vista for an 18-unit high-density residential project. The project is considered entitled, and the architect and civil engineer involved are prepared to release the existing drawings to facilitate the next steps toward completion. With approved design review, this opportunity offers investors a significant advantage in streamlining the development process. Proposed Development Includes: (6) 2-Bedroom / 2-Bathroom Units (1,076 sq ft each) (12) 3-Bedroom / 2-Bathroom Units (1,222 sq ft each) Currently, the property features a 2-bedroom, 1-bathroom single-family residence, offering the possibility of generating rental income or serving as a transitional space during development. Once complete, this project is projected to deliver a stabilized Return on Cost of approximately 6.81%.
Contact an agent
Home facts
- Listing ID #:250036131
- Added:46 day(s) ago
- Updated:September 29, 2025 at 02:04 PM
Finances and disclosures
- Price:$1,595,000
New listings near 799 Ada St
- New$799,000Active3 beds 4 baths1,915 sq. ft.
2035 Element Way, Chula Vista, CA 91915
MLS# 250040161SDListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$799,000Active3 beds 4 baths1,915 sq. ft.
2035 Element Way, Chula Vista, CA 91915
MLS# 250040161Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$170,000Active2 beds 1 baths720 sq. ft.
1500 Third Avenue #93, Chula Vista, CA 91911
MLS# CRPTP2507401Listed by: ADVANTAGE HOMES - New$1,349,000Active4 beds 3 baths2,656 sq. ft.
2567 View Trail Ct, Chula Vista, CA 91914
MLS# 250040111Listed by: COURTESY REAL ESTATE COMPANY - New$1,349,000Active4 beds 3 baths2,656 sq. ft.
2567 View Trail Ct, Chula Vista, CA 91914
MLS# 250040111SDListed by: COURTESY REAL ESTATE COMPANY - New$869,000Active3 beds 3 baths1,440 sq. ft.
845 Ridgewater Dr, Chula Vista, CA 91913
MLS# 250040106Listed by: CENTURY 21 AFFILIATED - New$725,000Active3 beds 3 baths1,600 sq. ft.
1020 Baywood Cir #E, Chula Vista, CA 91915
MLS# 250040105Listed by: SAN DIEGO BIENES RAICES - New$789,000Active3 beds 3 baths1,410 sq. ft.
2796 Bear Valley Rd, Chula Vista, CA 91915
MLS# PTP2507376Listed by: COLDWELL BANKER WEST - New$625,000Active2 beds 3 baths1,278 sq. ft.
413 Sanibelle Circle #71, Chula Vista, CA 91910
MLS# 250040073Listed by: CONNECT REALTY INC - New$1,040,000Active3 beds 2 baths1,516 sq. ft.
731 Baylor Avenue, Bonita, CA 91902
MLS# PTP2507377Listed by: COLDWELL BANKER WEST