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Turnkey 5-Unit Multifamily Property
For Sale
$1,895,000

41 Madison Ave, Chula Vista, CA 91910

Five renovated units are delivered vacant, each with 2 beds, 1 bath, and parking.

Days on Market21

Property Features for 41 Madison Ave

General Information

Standard status Active
Total Parking Spaces 9
Property subtype Multi Family Home

Additional Details

Multifamily Units 5

Amenities

automatic gated entrance
private enclosed patio/balcony with storage

Building Details

Tenancy Multi
Listing Agency: BLVDS REALTY
Listed By: Janette E Dias
Source: Americangrouponline
Added: Jul 11 Changed: Jul 22 Last Checked: Jul 30 at 1:22PM

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 BLVDS REALTY

Investment Insights

Based on property information with market context.

This turnkey 5-unit multifamily property is being offered with all units delivered vacant. Each unit is configured with two bedrooms and one bathroom, along with parking. Recent improvements include remodeled kitchens with new appliances, modern bathrooms, luxury vinyl plank flooring, new windows, and fresh interior and exterior paint. Additional upgrades include individual mini-split HVAC systems, a refurbished roof, and a 2025 new 100-gallon commercial-grade water heater. The property also features upgraded landscaping and driveway improvements.

The site includes an automatic gated entrance, 9 on-site parking spaces, and an individually enclosed patio or balcony with storage for each unit. Utilities are individually metered for gas and electric, with shared water provided. Development plans are included that reference ADU potential, and the buyer should verify feasibility.

Each unit benefits from updated finishes and separate climate control, supported by the property’s recent exterior and mechanical renovations, positioning the asset for immediate leasing upon new ownership.

Key Highlights

  • 5‑unit multifamily/condo investment in Chula Vista; all units delivered vacant for immediate leasing
  • Each unit offers 2 bed/1 bath plus parking, with individual mini‑split HVAC systems
  • Recent renovations include remodeled kitchens with new appliances, modern bathrooms, and luxury vinyl plank flooring

Property Analytics

Current Use

Peacock Events Party Supply Store

Suggested Use

Top Pick Travel Agency Locksmith Veterinary Clinic Bakery Catering Service (Bike/Boat/Book/etc) Store

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

932
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five renovated units are delivered vacant, each with 2 beds, 1 bath, and parking.
Where is this apartment building located?
The property is located at 41 Madison Ave Chula Vista, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 5‑unit multifamily/condo investment in Chula Vista; all units delivered vacant for immediate leasing; Each unit offers 2 bed/1 bath plus parking, with individual mini‑split HVAC systems; Recent renovations include remodeled kitchens with new appliances, modern bathrooms, and luxury vinyl plank flooring
More about this property
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