3965 Otay Valley Rd, Chula Vista, California 91911, Chula Vista, - bed, bath
ACTIVE$529,900
3965 Otay Valley Rd, Chula Vista, California 91911
3Beds
2Baths
986Sqft
9,462Lot
Year Built
1945
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250041017SD
Home ConditionPoor
Features
View-
About this home
Attention investors, developers, flippers, renovation specialists! 3 bed / 2 bath house on a spacious 9,462 s.f. corner lot. Unpermitted studio in front (looks like garage) with closed off 3rd bathroom and laundry inside. Tenant occupied, do not go on property! Drive-by viewing only. Property shown with approved contract. Up and coming neighborhood with lots of building activity nearby! Measurements are estimates only, buyer to verify all.
Nearby schools
6/10
Otay Elementary School
Public,•K-6•0.6mi
6/10
Castle Park Middle School
Public,•7-8•1.0mi
5/10
Castle Park Senior High School
Public,•9-12•0.9mi
Price History
Date
Event
Price
10/07/25
Listing
$529,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (103 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 986 | 1,456 | 7% |
| Lot Size | 9,462 | 7,403 | 71% |
| Price | $530K | $803K | 3% |
| Price per square foot | $537 | $541 | 50% |
| Built year | 1945 | 9835984 | 2% |
| HOA | |||
| Days on market | 29 | 147 | 3% |
Condition Rating
Poor
Built in 1945, this property is explicitly marketed to 'investors, developers, flippers, renovation specialists,' indicating a need for substantial work. The kitchen features very outdated white cabinets, worn laminate countertops, older appliances, and dated tile backsplash, requiring a full renovation. The bathroom also presents with an old vanity, basic fixtures, and dated tile work. Visible peeling paint on the exterior and dirty, scuffed walls in the bedroom further confirm significant deferred maintenance. The presence of an 'unpermitted studio' and the 'drive-by viewing only' restriction suggest potential issues and a property that is not in a presentable or well-maintained state, requiring extensive rehabilitation to meet modern living standards.
Pros & Cons
Pros
Generous Corner Lot: A spacious 9,462 sq. ft. corner lot provides ample outdoor space, enhanced privacy, and potential for future expansion or accessory dwelling unit (ADU) development.
High Investment Potential: Explicitly marketed towards investors, developers, and flippers, indicating significant value-add opportunities in a property ripe for renovation.
Emerging Neighborhood Growth: Located in an 'up and coming neighborhood' with active building projects nearby, suggesting strong potential for future appreciation and community revitalization.
Strong School Proximity: Benefits from close proximity to well-rated elementary, middle, and high schools, making it attractive to families.
Below Market Value Listing: The current listing price is below the estimated property value, offering immediate equity potential for a strategic buyer.
Cons
Unpermitted Structures: The presence of an unpermitted studio with a closed-off bathroom and laundry poses legal and financial risks, requiring potential remediation or costly permitting processes.
Restricted Access & Tenant Occupancy: Tenant occupancy severely limits property access for showings and inspections, complicating the due diligence process and potentially delaying closing.
Significant Renovation Required: Built in 1945 and marketed to renovation specialists, the property likely requires extensive updates and repairs to meet modern standards, implying substantial capital investment.