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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$1,495,000

Est. payment - /mo

5 Beds

4 Baths

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Chula Vista

MLS Listing ID 260020317

Bedrooms 5

Full Baths 4

Year Built 1953

Property Sub-Type Res Income 2-4 Units

Property Description

This unique property offers two updated homes on one lot, creating an excellent opportunity for both investors and owner-occupants. The front home at 352 Brightwood is a beautifully remodeled 2-bedroom, 1-bath residence offering approximately 733 SF. Recent updates include brand-new interior paint, luxury vinyl plank flooring, cabinetry, mini-split HVAC systems, a new water heater, and a water softener. The home also features an attached one-car garage and is currently leased at $2,900 per month on a one-year lease, providing immediate rental income. The rear home at 350 Brightwood is a successful, fully operational Airbnb that has been consistently rented since September 2024. The home offers 3 bedrooms and 3 bathrooms, plus a bonus/game room with a closet and full bathroom that can easily function as a fourth bedroom. At approximately 1,800 square feet, the home features updated finishes, individual mini-split systems in each bedroom, an attached tandem garage, and a private backyard with a covered pergola, creating a great space for guests to relax. The property generated over $90,500 in Air BnB gross revenue last year and is currently on track to achieve similar performance this year. Whether you're looking for a strong investment opportunity with multiple income streams or the flexibility to live in one home while generating rental income from the other, this turnkey property offers a rare combination of updated condition, proven income history, and long-term potential. An additional VA loan can be assumed at 4.75% with a balance of $1,125,000.

Location

State CA

County San Diego

Community Laundry Facilities

Area South Bay

Interior

Heating Fireplace, Wall/Gravity

Cooling Wall/Window

Fireplace No

Exterior

Fence Gate, Partial

Utilities Available Sewer Connected

View Y/N No

Water Access Desc Available,Meter on Property

Roof Type Composition

Building

Story 2

Water Available, Meter on Property

Level or Stories 2

Others

Senior Community No

Tax ID 568-261-19-00

Acceptable Financing Assumable, Cal Vet, Cash, Conventional, Exchange, FHA, VA

Listing Terms Assumable, Cal Vet, Cash, Conventional, Exchange, FHA, VA

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Listed by Bradley Milburn, DRE#02105283 The Browar Group

Nearby School & Business

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

350-52 Brightwood Ave Chula Vista, CA 91910

Anthony Napoli

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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