1071-1069 Madison Ave
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.
Broker Details
Select Premier Properties (619) 392-2455
MLS ID: 638695 State License Number: 01723300
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $739,000 |
| No. of Units: | 2 |
| Year Built: | 1950 |
| Opportunity Zone: | No |
| Price per unit: | $369,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-SANDICOR-260017476
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