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Two-Unit Residential Income Property
For Sale
$739,000

1071 1069 Madison Ave, Chula Vista, CA 91911

Two separate living units on one lot with updated interiors, included appliances, and tenant occupancy.

Property SizeContact for details
Days on Market100

Property Features for 1071 1069 Madison Ave

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Investment
Zoning SFR
Occupancy 100%

Site & Location

Neighborhood Harborside
Utilities to Site Yes

Additional Details

Multifamily Units 2

Amenities

storage shed
RV carport

Building Details

Year Built 1950
Stories 1
Units 2
Tenancy Multi
Listing Agency: Select Premier Properties
Listed By: Victoria Sandoval · License #01723300
Source: Elliman
Added: Jul 21 Changed: Oct 26 Last Checked: Oct 26 at 5:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Select Premier Properties

Rey
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Investment Insights

Based on property information with market context.

1069-1071 Madison Avenue is a two-unit residential income property featuring a front 2-bedroom, 1-bath unit and a rear 1-bedroom, 1-bath unit. Both units are currently tenant-occupied and offer separate living space configurations on one oversized lot. The property includes updated interiors, and appliances are included with the sale, with specific washer and dryer items listed as: the white washer and dryer in the rear convey; the silver washer and dryer does not convey.

The lot includes a large storage shed and parking for up to eight cars. A rear RV carport includes utility connections for water, sewer, and trash, along with storage and parking for flexible use. The property is zoned SFR and permits have been noted as under documents for splitting into 2 units, with buyer to verify permits, square footage, zoning, unit configuration, rental use, parking, and utility connections prior to close of escrow.

Key Highlights

  • Two‑unit setup on one lot (built 1950): front 2BD/1BA and rear 1BD/1BA, both currently tenant‑occupied.
  • Front unit rent: $2,500/month; rear unit rent: $1,600/month; tenants are in place for immediate rental income.
  • Zoned SFR and permitted to split into 2 units; permits are listed under docs (buyer to verify prior to close of escrow).

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,328
Businesses Nearby

Demographics for 91911, CA

85,442
Population
27,533
Households
3.1
Avg Household Size
37
Median Age
19%
College-Educated
78%
High-School Grad
12.7 sq mi
ZIP Area
6,728
Density / Sq Mi
$79,334
Median Household Income
$39,003
Median Earnings
$1,931
Median Rent
$602,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate living units on one lot with updated interiors, included appliances, and tenant occupancy.
Where is this duplex located?
The property is located at 1071 1069 Madison Ave Chula Vista, CA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Two‑unit setup on one lot (built 1950): front 2BD/1BA and rear 1BD/1BA, both currently tenant‑occupied.; Front unit rent: $2,500/month; rear unit rent: $1,600/month; tenants are in place for immediate rental income.; Zoned SFR and permitted to split into 2 units; permits are listed under docs (buyer to verify prior to close of escrow).
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