120 Madison Ave new

Chula Vista,CA 91910

$ 1499000

3 Beds

2 Baths

2536 SqFt


Key Details

Property Type Single Family Home, Condo

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,536 sqft

Price per Sqft $591

MLS Listing ID 250034839

Bedrooms 3

Property Sub-Type Com-Res Income

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

Exterior

View Y/N No

Building

Story 1

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