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$ 739,000
Est. payment | /mo
3 Beds
2 Baths
$ 739,000
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Chula Vista
MLS Listing ID 260017476
Bedrooms 3
Full Baths 2
Year Built 1950
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County San Diego
Area South Bay
Interior
Heating Forced Air Unit
Cooling Wall/Window
Fireplace No
Exterior
Fence Full
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Meter on Property
Roof Type Composition
Building
Story 1
Water Meter on Property
Level or Stories 1
Others
Senior Community No
Tax ID 618-142-04-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://www.propertypanorama.com/instaview/snd/260013229
Listed by Victoria Sandoval, DRE#01723300 Select Premier Properties
NEARBY SCHOOL & BUSINESS
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