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$ 1,499,000
Est. payment | /mo
6,329 Sqft Lot
$ 1,499,000
Est. payment | /mo
6,329 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250034839SD
HOA Y/N No
Lot Size 6,329 Sqft
Property Sub-Type Mixed Use
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. With Accepted Offer
Location
State CA
County San Diego
Area 91910 - Chula Vista
Interior
Fireplace No
Others
Tax ID 5651611600
Listed by Adam Cairo Starker West, Inc.
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