195 Third Ave
Chula Vista, CA 91910

Kidder Mathews (“KM”) as Exclusive Broker, is pleased to offer for purchase a multifamily residential development project in the heart of Chula Vista’s historic downtown. The property features a walk score of 89 and is walkable to shops, restaurants, businesses, services and the weekly farmers market. Located one parcel from the intersection of 3rd Avenue and E Street, the rectangular lot totals 39,808 square feet (0.91 acres). The property is zoned for very high-density use based on a FAR of 4.5 and an 84-foot height limit. Conceptual plans for a 58-unit senior housing project have been submitted and comments have been received from the City of Chula Vista. All drawings, planning documents, and consultant’s reports would be made available as part of the purchase. 177 Landis represents an opportunity to build a new residential development at the gateway of the Third Avenue Village District, a strong Chula Vista location with proximity to the Bay Front, San Diego Trolley, and retail. Combined with the thoughtful design of the project and strong rental market fundaments, 177 Landis is poised to be a viable apartment community for years to come.