1071-1069 Madison Ave, Chula Vista, CA 91911

$739,000
3
BD
2
BA

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List Price
$739,000
Status
ACTIVE
MLS#
260017476
Bedrooms
3
Bathrooms
2
Complex/Building Name
Chula Vista
Property Type
Multifamily
Year Built
1950

Property Description

Rare opportunity in Chula Vista! 1069–1071 Madison Avenue offers a flexible two-unit setup on an oversized lot in a prime location near Gaylord resort, Broadway, Costco, shopping, dining, and everyday conveniences. Originally a 3-bedroom, 2-bath home, the property has been thoughtfully divided into two separate living spaces: a front 2-bedroom, 1-bath unit ($2,500 rent a month) and a rear 1-bedroom, 1-bath unit ($1,600 a month rent). Both units are currently tenant-occupied, offering immediate income potential for investors. For owner-occupant buyers, tenants may be able to vacate prior to close of escrow. The property features updated interiors, included appliances, a large storage shed, and a spacious lot that allows parking for up to eight cars. The rear RV carport includes utility connections for water, sewer, and trash, storage, parking, or flexible future use. This is a rare chance to own two units plus RV parking on one of the larger lots in the area. Whether you are looking to house hack, expand your rental portfolio, or occupy one unit while generating income from the other, this property offers flexibility, location, and opportunity. All appliances convey. White washer and dryer in rear convey; silver washer and dryer do not convey. Some photos have been digitally modified using AI furniture removal to help buyers visualize the space. Buyer to verify all permits, square footage, zoning, unit configuration, rental use, parking, and utility connections prior to close of escrow. Please note proerty is zoned sfr but permitted to split into 2. Permits under docs.

Additional Information

Building Name
Chula Vista
Cooling
Window/Wall
Neighborhood
Chula Vista
Roof
Composition
Tenant Pays
Cable TV, Sewer, Trash, Water
Year Built
1950

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Victoria Sandoval (619-392-2455) from Listing Office: Select Premier Properties.

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