Listing provided courtesy of David Thomas Mejia of David T. Mejia. Last updated 2025-04-26 09:14:54.000000. Listing information © 2025 Sandicor.
Asking Price: $1,699,000 | Active
520 Glover Ave, Chula Vista CA 91910
Community: Downtown
This Res Income 2-4 Units property was built in 1960 and is priced at $1,699,000. Please see the additional details below.
Unlock Premier Investment! Seize this meticulously maintained 4-plex, boasting a new roof (installed 2025), and poised to deliver substantial returns of $120,000 annual gross income potential. Enjoy streamlined management thanks to individual water sub-meters allowing tenants to pay their own water/sewer, plus tenants directly paying their own trash, minimizing your responsibilities to property taxes, insurance, maintenance and landscaping. Benefit from a dedicated on-site storage closet for efficient operations. The property features three spacious, updated 2-bedroom, 1-bathroom units and a versatile studio, ensuring strong tenant appeal. Each unit has been thoughtfully refreshed over the last decade, with the latest renovation on Unit B completed last year. Modern convenience is key, with each unit boasting private patios equipped with washer and dryer hookups. The detached home offers flexible parking options including potential boat or RV parking or space for up to 5 cars plus a 1-car garage, while each of the other three units features 2 parking spots each. Strategically located in a highly sought-after neighborhood, this income-generating asset offers unparalleled access to the vibrant pulse of Downtown Chula Vista and is ideally situated near the transformative $10 billion Bayfront development – promising significant future growth and desirability. Don't miss this exceptional opportunity to acquire a robust, income-producing property in a prime location, perfectly positioned for both stable returns and long-term appreciation.