Property Description

Located just east of Interstate 5 in Chula Vista, the 120 Madison Avenue Apartments present a compelling five-unit investment opportunity in one of San Diego County’s fastest-growing cities. Built in 1956, the property consists of three 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, situated on a 6,330 square foot lot. The property offers off-street parking and the potential to create private yard spaces, enhancing both functionality and tenant appeal. Each unit is equipped with an individual hot water heater, and the classic mid-century construction features pitched roofs and efficient, functional floor plans that have proven timeless for renters. With current rents positioned below market, investors have an immediate opportunity to add value through renovations and capitalize on strong rental upside. Chula Vista has grown into San Diego County’s second-largest city, now home to more than 260,000 residents. Ideally located close to schools, just seven miles from the U.S.–Mexico border, and approximately nine miles from Downtown San Diego, the community offers cultural vibrancy, economic growth, and consistent rental demand. Combining strong fundamentals, strategic location, and clear value-add potential, 120 Madison Avenue Apartments represents a well-positioned multifamily investment for both income and long-term appreciation.

Features
Parking:
Spaces
Flooring:
Slab
Address Map
Country:
US
State:
CA
County:
SD
City:
Chula Vista
Zipcode:
91910
Street:
Madison Ave
Street Number:
120
Longitude:
W118° 54' 14.9''
Latitude:
N32° 38' 37''
Directions:
From Interstate 5 South, take the exit for E Street and head east. Continue on E Street for roughly half a mile, then turn right
Mls Area Major:
South Bay
Additional Info
Office Name:
Starker West, Inc.
Agent Name:
Seth R Watje
Additional Information
Building Size:
2536
Construction Materials:
Drywall, Frame
Levels:
2 Story
Number Of Units Total:
5
On Market Date:
2025-09-17
Stories:
1
Virtual Tour:
https://www.propertypanorama.com/instaview/snd/250034839
Listing Information
Co List Agent Full Name:
Seth R Watje
Co List Agent Mls Id:
646004
Co List Office Mls Id:
991630
Co List Office Name:
Starker West, Inc.
List Agent Mls Id:
646004
List Office Mls Id:
991630
Listing Term:
Cash,Cash to New Loan
Mls Status:
ACTIVE
Modification Timestamp:
2025-12-03T19:44:28Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

120 Madison Ave, Chula Vista, CA 91910

7 Bedrooms
5 Bathrooms
2,536
$1,449,000
Listing ID #250039163
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
250039163
Price :
$1,449,000
Bedrooms :
7
Bathrooms :
5
Square Footage :
2,536
Status :
Active
Property Sub Type :
Com-Res Income
Roof:
Composition
Contact Agent
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