$1,700,000

0 Spruce, Chula Vista, CA 91911

Land
Built in ——
0.85acre lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 11-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+ monthsoften 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 compared to units with open carports or single spaces. See attached drawings on the document section.

Listing Status:: Active
Date Added:: June 11, 2026
Data Last Updated:: August 24, 2026 at 9:11PM
Listing Office:: Home Investment Center : 619-203-1805
Listing Agent:: Juan Rodriguez : 619-410-7337
MLS ID:: PTP2604483

HOA Amenities: 0.0
Originating MLS: CRP
County: San Diego

Zoning: 6240421100

Utilities: Other/Remarks

Source: CRP

This listing courtesy of Juan Rodriguez , Home Investment Center

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.