Homes for sale - 120 Madison Ave, Chula Vista, CA 91910

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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,449,000

Est. payment - /mo

7 Beds

2,536 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,536 sqft

Price per Sqft $571

MLS Listing ID 250039163

Bedrooms 7

Lot Size 6,330 Sqft

Property Sub-Type Com-Res Income

Property Description

Located just east of Interstate 5 in Chula Vista, the 120 Madison Avenue Apartments present a compelling five-unit investment opportunity in one of San Diego County's fastest-growing cities. Built in 1956, the property consists of three 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, situated on a 6,330 square foot lot. The property offers off-street parking and the potential to create private yard spaces, enhancing both functionality and tenant appeal. Each unit is equipped with an individual hot water heater, and the classic mid-century construction features pitched roofs and efficient, functional floor plans that have proven timeless for renters. With current rents positioned below market, investors have an immediate opportunity to add value through renovations and capitalize on strong rental upside. Chula Vista has grown into San Diego County's second-largest city, now home to more than 260,000 residents. Ideally located close to schools, just seven miles from the U.S.–Mexico border, and approximately nine miles from Downtown San Diego, the community offers cultural vibrancy, economic growth, and consistent rental demand. Combining strong fundamentals, strategic location, and clear value-add potential, 120 Madison Avenue Apartments represents a well-positioned multifamily investment for both income and long-term appreciation.

Location

State CA

County San Diego

Area South Bay

Direction From Interstate 5 South, take the exit for E Street and head east. Continue on E Street for roughly half a mile, then turn right

Interior

Flooring Slab

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Total Parking Spaces 5

Building

Dwelling Type Apartment

Story 1

Others

Senior Community No

Tax ID 565-161-16-00

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/250034839

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Listed by Seth R Watje Starker West, Inc.

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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