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$1,499,000
Est. payment /mo
3 Beds
2 Baths
2,536 SqFt
UPDATED:
Key Details
Property Type Single Family Home
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
Direction Use GPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Others
Tax ID 565-161-16-00
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Listed by Adam Cairo Starker West, Inc.
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