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799 Ada St
Chula Vista, CA 91911 Otay Town

Price Upon Request

Land For Sale  •  0.35 AC

Property Details

  • Property Type Land
  • Lot Size 0.35 AC
  • Zoning PRV & RH
57 Transit Score
69 Walk Score

Highlights

Design Review Approved Plans - Architectural plans available, simplifying the development process for investors.
Project located in Palomar Gateway Specific Plan District: A sustainable, transit-oriented community with high-density, walkable urban design
Opportunity Zone: Offers significant tax incentives for investors
Planned Infrastructure Upgrades by SANDAG, City of Chula Vista, and MTS: New bridges at Palomar Street will improve traffic flow & enhance bike lanes
Proposed Plans to Build 18 Units - (6) 2-Bedroom / 2-Bathroom Units (1,076 sq ft) | (12) 3-Bedroom / 2-Bathroom Units (1,222 sq ft)
Prime Location with Views: Offers bay views & views of the new upcoming Bayfront Gaylord Project

Financial Summary (Proforma)

Net Operating Income: $579,254 USD (2026)
Total Expenses: $114,080 USD

Public Transportation

Transit/SubwayDriveWalkDistance
Palomar Street (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
San Diego International 18 min - 13.6 mi