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Coldwell Banker Realty
41 Madison ave, Chula Vista, CA 91910
- $1,795,000
- List Price
- $1,795,000
- Status
- ACTIVE
- MLS#
- 260024612SD
- Lot Size
- 9,860
- Acres
- 0.23
- Days on Market
- 2
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Turnkey 5-unit multifamily investment opportunity in Chula Vista! units are ready for current market rents and maximize cash flow from day one. A rare opportunity for investors or 1031 exchange buyers seeking a fully renovated, low-maintenance asset with immediate income potential and future upside. Development sketch included with ADU potential (buyer to verify). Ideally located just minutes to all amenities CV Center, public transportation, hospitals, etc. With nearby redevelopments, this location offers strong long-term appreciation potential. Each unit offers 2 bedrooms/1 bathroom and parking. Recent upgrades include remodeled kitchens with new appliances, modern bathrooms, luxury vinyl plank flooring, new windows, fresh interior/exterior paint, individual mini-split HVAC systems, refurbished roof, new commercial-grade 100-gallon water heater (2025),upgraded landscaping, and driveway improvements. Additional features include an automatic gated entrance, 9 on-site parking spaces, private enclosed patio/balcony with storage for each unit, individually metered gas and electric, in process of leasing units and ready for new owners.
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Additional Information
- Heat
- See Remarks, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Exterior Construction
- Drywall, Frame, Stucco
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $147,000
Listing courtesy of Listing Agent: Rigoberto Dias (cebenzone@aol.com) from Listing Office: Cali-Land.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.