SoCal Realty & InvestmentsSoCal Realty & InvestmentsCall (760) 801-6550
← All homes
41 Madison Ave1 / 39 · Click to zoom

About this home

Exceptional turnkey 5-unit multifamily/Condo investment opportunity in Chula Vista! All five units will be delivered vacant, allowing the new owner to lease immediately at current market rents and maximize cash flow from day one. A rare opportunity for investors or 1031 exchange buyers seeking a fully renovated, low-maintenance asset with immediate income potential and future upside. Development plans included with ADU potential (buyer to verify). Ideally located just minutes from Downtown CV/Third Ave, CV Center, public transportation, hospitals, etc. With nearby redevelopments, this location offers strong long-term appreciation potential. Each unit offers 2 bedrooms/1 bathroom and parking. Recent upgrades include remodeled kitchens with new appliances, modern bathrooms, luxury vinyl plank flooring, new windows, fresh interior/exterior paint, individual mini-split HVAC systems, refurbished roof, new commercial-grade 100-gallon water heater (2025), upgraded landscaping, and driveway improvements. Additional features include an automatic gated entrance, 9 on-site parking spaces, private enclosed patio/balcony with storage for each unit, individually metered gas and electric, shared water, and strong rental appeal. A truly turnkey investment with significant value-add potential in a high-demand rental market. Many financing options available please Inquire.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,000,000 · Mar 2026
📋 Assessed value$457,656
💵 Annual tax$5,377
🏫 School districtSweetwater Union High School District

MLS #260017008

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$11,872
Principal & interest$9,582
Property tax$1,737
Home insurance$553
Down payment: $379,000Loan: $1,516,000

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