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120 Madison Ave1 / 6 · Click to zoom

About this home

Located just east of Interstate 5 in Chula Vista, CA, the 120 Madison Avenue Apartments present a compelling investment opportunity in one of San Diego County's fastest-growing cities. Built in 1956, the property consists of five units: three 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, situated on a 6,330 square foot lot. The property features off-street parking and a private yard, offering both functionality and value-add potential. With below-market rents and classic mid-century construction, the asset provides a strong foundation for an investor to implement renovations and capitalize on rental upside. Chula Vista has experienced rapid population growth in recent years and is now San Diego County's second-largest city, with a population exceeding 260,000. Ideally positioned just seven miles from the U.S.-Mexico border and approximately nine miles from Downtown San Diego, the area offers a culturally vibrant community with strong demand for rental housing.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,250,000 · Feb 2021
📋 Assessed value$1,380,100
💵 Annual tax$49
🏫 School districtSweetwater Union High School District

MLS #250035100SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$9,391
Principal & interest$7,580
Property tax$1,374
Home insurance$437
Down payment: $299,800Loan: $1,199,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.