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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. With Accepted Offer
Property Type(s):
Commercial
| Last Updated | 9/17/2025 | Year Built | 0 |
|---|---|---|---|
| Community | 91910 - Chula Vista | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 91910 - Chula Vista |
| CONSTRUCTION | Frame |
| HEAT | None |
| LOT | 6329 sq ft |
Location
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Listed with Starker West, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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