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$ 1,795,000
Est. payment /mo
Active
41 Madison ave Chula Vista, CA 91910
9,861 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260024612SD
HOA Y/N No
Lot Size 9,861 Sqft
Property Sub-Type Mixed Use
Property Description
Turnkey 5-unit mult unit investment opportunity with parking and gated units are being leased at current market rents and maximize cash flow from day one. A rare opportunity Multi unit investment 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). Also next door 45 Madison ave is available possibly make it a multi unit compound . Close 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, 2 units leased and others in process of leasing. also ready for new owners. possible seller financing options!!
Location
State CA
County San Diego
Area 91910 - Chula Vista
Zoning R-3:RESTRI
Interior
Heating See Remarks, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 9
Others
Tax ID 5650401700
Acceptable Financing Cash, Owner May Carry, Submit
Listing Terms Cash, Owner May Carry, Submit
Virtual Tour https://www.propertypanorama.com/instaview/snd/260024612
Listed by Rigoberto Dias Cali-Land #01132794