1071 Madison Ave, Chula Vista, CA 91911
Single-family home · 3 recorded sales since 2018
Sold November 2022
Listing Agent: Christopher Burgos (DRE #02122669) · Listing Office: My Home Group Real Estate · Contact: 714-396-0620 · Bought with: Juan Alamilla Quintana · Big Block Realty, Inc · MLS #220024906SD · Source: CRMLS
About this single-family home
ABSOLUTE CASH COW WITH NO VACANCIES!! This incredible property offers the potential for a ridiculous Cap Rate! Units consist of main home, attached studio, additional JADU potential, a mobile home, AND space for another detached ADU or Tiny Home! The main house welcomes an open floor layout and generous upgrades. LVP, Granite Countertops, Can-less recessed lighting, and light and bright features! The home flows very well and has been rented to active duty military for a few years. The attached studio has it's own private entrance and kitchenette area with numerous custom upgrades! The studio has also been rented out for a few years to a great tenant. The additional structure can easily be converted into a detached ADU and the mobile home is currently rented as well! Public sewage/drainage has already been routed for an additional unit on the south-eastern corner of the property and is just waiting for the right buyer to take advantage of this outstanding opportunity!! Steps away from the soon-to-be Gaylord Pacific Resort and Convention Center, 12min to Naval bases, 15min to Downtown, and 5min to Imperial Beach! This property will be a great investment with immediate equity once project is complete and unlimited AirBnB/VRBO potential with the unit count! Complex Features: ,, Equipment: Dryer, Satellite Dish, Washer Sewer: Public Sewer Topography: LL
Listing description from the November 2022 sale, as reported to CRMLS.
Sale history
