Joe McLaughlin / Broker Associate
619-980-5101 joe@HomesofSanDiego.com
My Office Listings
121 Madison Ave.
Chula Vista
91910
$1,250,000
Residential Income
beds: 6
baths: 5.0
0 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 260026034
- Bedrooms:
- 6
- Bathrooms:
- 5
- Year Built:
- 1973
- Photos (22)
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- Mortgage calculator
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Excellent investment opportunity in the heart of Chula Vista! This well-maintained four-unit property offers an attractive unit mix consisting of two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one 2-bedroom/1.5-bath unit. Each residence enjoys the convenience of two dedicated off-street parking spaces and its own private storage room. Additional amenities include a common laundry area for residents. With eight off-street parking spaces, individual storage, and a desirable mix of floor plans, this property offers strong rental appeal and long-term investment potential. Conveniently located near shopping, dining, schools, parks, and major commuter routes. An excellent opportunity to add a four-unit income property to your portfolio, with upside potential through increased rental income!
- Property Sub Type:
- Res Income 2-4 Units
- Number of Buildings:
- 1
- County Or Parish:
- San Diego
- Market Area:
- South Bay
- Neighborhood Code:
- Chula Vista
- Name of Complex/Subdivision:
- CHULA VISTA
- Building Name:
- 121 Madison
- Total Building Area:
- 2,781 sq. ft.
- Total Floor Area:
- 0 sq. ft.
- Total Bedrooms:
- 6
- Bathrooms:
- 5
- Full Bathrooms:
- 4
- Half Bathrooms:
- 1
- Stories:
- 2 Story
- Total Stories:
- 2
- Year Built:
- 1973
- Age (in years):
- 53 year(s)
- Short Sale:
- false
- Mello Roos Fee:
- $0
- Other Fees:
- $0
- Monthly Total Fees:
- $0
- Terms:
- Cash, Conventional
- Cap Rate.:
- 3.78
- Gross scheduled income:
- 77580.0
- Other income actual:
- 0
- Operating expense:
- 30000.0
- Number of Units:
- 4
- Number of Units with Cooling:
- 0
- Tenant pays:
- Electricity, Water
- Unit Number for Unit 1:
- 1
- Unit Number for Unit 2:
- 2
- Unit Number for Unit 3:
- 3
- Unit Number for Unit 4:
- 4
- Projected Rent for Unit 1:
- $1,695
- Projected Rent for Unit 2:
- $1,950
- Projected Rent for Unit 3:
- $1,650
- Projected Rent for Unit 4:
- $2,000
- Special Listing Conditions:
- N/K
- Age Restrictions:
- N/K
- Construction Material:
- Stone, Wood
- Lot Size:
- 6,098 sq. ft.
- Parcel Number:
- 565-162-06-00
- Heating:
- Wall/Gravity
- Cooling:
- N/K
- Roof:
- Composition
- Security:
- N/K
- Zoning:
- R-3:RESTRI
- Fencing:
- Partial
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Data was last updated November 8, 2026 at 01:10 AM (UTC)
Area Statistics
- Listings on market:
- 52
- Avg list price:
- $1,572,500
- Min list price:
- $739,000
- Max list price:
- $13,200,000
- Avg days on market:
- 51
- Min days on market:
- 0
- Max days on market:
- 507
These statistics are generated based on the current listing's property type
and located in
South Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Willem A De Ridder
- Compass California III, Inc.
- 619-980-6634
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2026 San Diego Multiple Listing Service, Inc.
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I make myself available at all times. My web site is here to help you 24 hours a day. When you are ready to see a listing in person, or just have a simple question, please dont hesitate to contact me!
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Direct: 619-980-5101
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This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2026 San Diego Multiple Listing Service, Inc.