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Tamra Frost

[email protected] +1(619) 890-7688

$1,895,000

Est. payment - /mo

10 Beds

5 Baths

4,036 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,036 sqft

Price per Sqft $469

MLS Listing ID 260017008

Bedrooms 10

Full Baths 5

Lot Size 9,859 Sqft

Property Sub-Type Com-Res Income

Property Description

Exceptional turnkey 5-unit multifamily/Condo investment opportunity in Chula Vista! All five units will be delivered vacant, allowing the new owner to lease immediately at 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 plans included with ADU potential (buyer to verify). Ideally located just minutes from Downtown CV/Third Ave, 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, shared water, and strong rental appeal. A truly turnkey investment with significant value-add potential in a high-demand rental market. Many financing options available please Inquire.

Location

State CA

County San Diego

Area South Bay

Zoning R-3

Direction 41 Madison Ave Chula Vista, CA 91910. Showings by appointment only. Contact agent Janette Dias 619.348.2015

Interior

Heating Wall

Cooling Wall/Window

Flooring Slab, Wood

Fireplace No

Exterior

Parking Features Spaces

Carport Spaces 9

View Y/N No

Roof Type Composition

Total Parking Spaces 9

Building

Dwelling Type Apartment,Condo

Story 2

Others

Senior Community No

Tax ID 5650401700

Acceptable Financing Cash, Cash to New Loan, Exchange Down, Exchange Up, Owner May Carry 1st, Submit

Listing Terms Cash, Cash to New Loan, Exchange Down, Exchange Up, Owner May Carry 1st, Submit

Special Listing Condition Call Agent, N/K

Virtual Tour https://www.propertypanorama.com/instaview/snd/260017008

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Listed by Janette E Dias, DRE#02222601 BLVDS REALTY

Nearby School & Business

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Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities