Millman Team Real Estate

$1,699,000
0.20 Acre Lot

520 Glover Ave, Chula Vista, California 91910

  • Residential Income Property Type
  • 1960 Year Built
Property Description

Seize this four-unit property that offers significant potential to add up to four more dwelling units. It currently generates six separate income streams, boasts a new roof (2025), and has over 120,000 dollars in annual gross income. Management is streamlined as individual water sub-meters mean tenants pay water, sewer, and trash (included in rent figures above). Owner responsibilities are limited to taxes, insurance, maintenance, and landscaping. The property features three spacious two-bedroom, one-bathroom units and a versatile studio, plus a separately-rented storage closet and a separately-rented detached one-car garage. Each dwelling unit has been refreshed over the last decade (Unit B 2024) and includes a private patio with washer and dryer hookups. Parking is ample: the three two-bedroom units include two spots each, and the detached garage rental includes a large adjacent area with flexible parking for five cars or potential boat or RV storage. Strategically located near Downtown Chula Vista and the 10 billion dollar Bayfront development, this property is positioned for stable returns and long-term appreciation. This is the one. Seize a rare Chula Vista four-unit property that also serves as a high-yield development opportunity, with significant potential to add up to four more dwelling units. This asset is already a proven performer, generating six separate income streams from its three 2-bed/1-bath units, a versatile studio, a separately-rented storage closet, and a separately-rented detached garage. It’s poised for over $120,000 in annual gross income, fortified by a brand new roof installed in 2025. Management is brilliantly streamlined. Individual water sub-meters mean tenants pay for their own water, sewer, and trash, leaving you responsible only for taxes, insurance, maintenance, and landscaping. This is low-effort ownership defined. The property has been meticulously cared for, with all units refreshed over the last decade (the latest renovation, Unit B, was completed last year). Tenants stay happy with desirable amenities, including private patios with washer and dryer hookups for each unit. Parking is a standout feature: the three 2-bedroom units enjoy two dedicated spots each. The detached garage rental includes an expansive adjacent area, offering flexible parking for five additional cars or valuable boat/RV storage. Strategically located moments from the pulse of Downtown Chula Vista and the transformative $10 billion Bayfront development, this property isn’t just a stable asset—it’s a launchpad for long-term appreciation. Don’t miss this unique combination of immediate cash flow, six-figure income potential, and massive future growth.

Basic Details
Residential Income
For Sale
260002557SD
$1,699,000
1960
0.20 Acre
Active
: Composition
Features
: None
: Electric, See Remarks
: None
: Partial
$0
Appliances
: Gas Water Heater
Address Map
CA
San Diego
Chula Vista
Chula Vista
91910
Glover Ave
520
W118° 55' 11.8''
N32° 37' 58.2''
h street to glover head south on glover property located west side of the street CrossStreet: H street & Mankato
91910 - Chula Vista
Additional Information
$0
$0
$0
$0
$0
: One
: Sprinkler System
4
2026-02-03
N/A
1
1
https://www.propertypanorama.com/instaview/snd/250025458
Broker/Agent Information
David T. Mejia
David Thomas Mejia
Listing Information
SAND-650663
SAND-5407
Cash,Conventional,Contract,Cal Vet Loan,FHA,VA Loan
Active
2026-03-10T23:35:48Z
CRMLS
2026-02-01T16:00:00Z
Agent info
Ray Millman
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