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Updated Triplex With Detached Home
New
For Sale
$1,199,000

223 Madrona, Chula Vista, CA 91910

Three updated residences include two income-producing units and a vacant detached home with private residential space.

Property SizeContact for details
Days on Market5

Property Features for 223 Madrona

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Investment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1960
Stories 1
Units 3
Listing Agency:
Listed By: Laila Coucouroux
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 12 at 5:51AM

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 Laila Coucouroux

Investment Insights

Based on property information with market context.

This triplex includes two tenant-occupied units and a separate vacant residence. Each of the two attached units offers more than 800 square feet with two bedrooms, one bathroom, a private rear patio, and one assigned parking space. The detached two-bedroom, one-bath home provides separate single-family living, an attached oversized one-car garage, and additional storage. All three residences have been updated, and the detached home is vacant for immediate occupancy.

The property is located in Chula Vista near the Bayfront redevelopment, marina, waterfront parks, historic downtown, shopping, dining, schools, and public transportation. Interstate 5 and Interstate 805 are both readily accessible. Walk Score is 86, Bike Score is 64, and Transit Score is 45.

Key Highlights

  • Triplex with 3 residences, including 2 tenant‑occupied units and 1 vacant detached home
  • Two attached units each measure more than 800 square feet with 2 bedrooms and 1 bathroom
  • Detached residence includes 2 bedrooms, 1 bathroom, an oversized attached 1‑car garage, and storage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Butcher Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,595
Businesses Nearby

Demographics for 91910, CA

79,613
Population
28,432
Households
2.8
Avg Household Size
38
Median Age
29%
College-Educated
84%
High-School Grad
12.6 sq mi
ZIP Area
6,318
Density / Sq Mi
$87,705
Median Household Income
$45,476
Median Earnings
$1,930
Median Rent
$676,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three updated residences include two income-producing units and a vacant detached home with private residential space.
Where is this triplex located?
The property is located at 223 Madrona Chula Vista, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Triplex with 3 residences, including 2 tenant‑occupied units and 1 vacant detached home; Two attached units each measure more than 800 square feet with 2 bedrooms and 1 bathroom; Detached residence includes 2 bedrooms, 1 bathroom, an oversized attached 1‑car garage, and storage
More about this property
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