0 Spruce Road, Chula Vista, California 91911

  • $1,700,000
  • $1,700,000
Spruce Road, Chula Vista, CA 91911
Active
0 Spruce Road, Chula Vista, California 91911
Spruce Road, Chula Vista, CA 91911
  • $1,700,000
  • $1,700,000

Description

Contractors and developers! This is an incredibly valuable multi-family development opportunity in a high-demand market. 10-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 allignes 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, significantly raising appraisal values and velocity of sales compared to units with open carports or single spaces.

  • Address Spruce Road
  • City Chula Vista
  • State/county CA
  • Zip/Postal Code 91911

Details

Updated on June 11, 2026 at 9:11 am
  • Property ID: PTP2604483
  • Price: $1,700,000
  • Land Area: 0.8494 Acres
  • Property Type: Land
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional
  • Utilities: See Remarks
  • Sewer: Other
  • County: San Diego
  • Property Type: Land
  • Community Features: Street Lights

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