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0 Spruce Road 0.88 Acres of Residential Land Offered at $1,700,000 in Chula Vista, CA 91911

Investment Highlights
- Shovel Ready!!!
- Entitled 11 condominium project
Executive Summary
Please call listing agent Juan Rodriguez with any questions (619)737-2272. 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+ months often 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 aligns 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.
Property Facts
1 Lot Available
Lot
| Price | $1,700,000 | Lot Size | 0.88 AC |
| Price Per AC | $1,931,807.21 |
| Price | $1,700,000 |
| Price Per AC | $1,931,807.21 |
| Lot Size | 0.88 AC |
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.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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Contact the Sale Advisor
0 Spruce Road
