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Prime 39 townhome or 63 unit apartment multi-family development site in the Palomar Gateway Redevelopment Area of Chula Vista. The land is comprised of two adjoining parcels(622-072-08 & 622-072-09) consisting of 78,408sf (1.8 acres) with level topography. Two preliminary site density studies have been done indicating 39 townhome condominiums or 63 apartment units can be built on this lot. Two ground up multi-family construction projects are currently underway only 1 block from the subject property. The City of Chula Vista is strongly encouraging construction of high density residential projects in this redevelopment zone. There are currently 8 single family rental homes on the lot producing $10,250 in monthly income with the owner paying only taxes & insurance while the tenants pay maintenance, gas, electric, water, sewer, and trash. Buyer to verify all. No plans or permits have been issued or approved for this site. ++++ see supplement for location info+++++ This 1.8 acre multi-family development site is located in the South Bay city of Chula Vista, CA. Prime location just east of the 5 freeway, 2 blocks to the Palomar Trolley Station, 5 minutes to the beach, and only 10 minutes south of Downtown San Diego. The site is located in the Palomar Gateway District Redevelopment Zone surrounded by major retailers such as Costco, Wallmart, and Target. A new shopping center will be breaking ground only 3 blocks away featuring a national grocery store and supportin g businesses.
Listing agent: Mark Morgan DRE #01339919 markmorgan@aciapartments.com, Listing office: Apartment Consultants, Inc.
MLS data updated 11/2/2026, 10:57:34 AM PT
Source: CRMLS, MLS #: 150013046
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 22, 2015
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91911 · Nov 2026
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Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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