6
See all 6 photos
$1,499,000
Est. payment /mo
6 Beds
4 Baths
New
120 Madison Ave Chula Vista, CA 91910
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 250035100
Bedrooms 6
Year Built 1956
Property Sub-Type Res Income 2-4 Units
Property Description
Located just east of Interstate 5 in Chula Vista, CA, the 120 Madison Avenue Apartments present a compelling investment opportunity in one of San Diego County's fastest-growing cities. Built in 1956, the property consists of five units: three 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, situated on a 6,330 square foot lot. The property features off-street parking and a private yard, offering both functionality and value-add potential. With below-market rents and classic mid-century construction, the asset provides a strong foundation for an investor to implement renovations and capitalize on rental upside. Chula Vista has experienced rapid population growth in recent years and is now San Diego County's second-largest city, with a population exceeding 260,000. Ideally positioned just seven miles from the U.S.-Mexico border and approximately nine miles from Downtown San Diego, the area offers a culturally vibrant community with strong demand for rental housing.
Location
State CA
County San Diego
Area South Bay
Interior
Fireplace No
Exterior
View Y/N Yes
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 565-161-16-00
Listed by Seth R Watje Starker West, Inc.