350 52 Brightwood Ave, Chula Vista, CA 91910

$1,475,000

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List Price
$1,475,000
Price Change
▼ $20,000 1788471628
Status
ACTIVE
MLS#
260020317SD
Year Built
1953
Days on Market
23
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Chula Vista

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.

Additional Information

Appliances
Gas Water Heater
Pool Description
None
Heat
Combination, Electric
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$125,292

Listing courtesy of Listing Agent: Bradley Milburn (brad@thebrowargroup.com) from Listing Office: The Browar Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.