274 Madrona Street Chula Vista, CA $ 3,200,000
274 Madrona Street
$ 3,200,000
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274 Madrona Street

Chula Vista, CA, 91910
$ 3,200,000
Bedrooms3 Baths2.0 Sq 6,000

Monthly Estimate*

$ 19,703

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Multi-Family Home for sale in Chula Vista, CA

for $3,200,000 with 3 bedrooms and 2 full baths. This 6,000 square foot home was built on a lot size of 0.275482.

Eight extensively renovated apartment units in the heart of Chula Vista, California. Units and building have undergone extensive renovations in 2023. Upgrades include new appliances, individual HVAC, electrical panels, lighting fixtures, electrical receptacles, flooring, windows, interior/exterior paint, kitchens, and bathrooms. Units are comprised of Four 2 bed 1 bath and Four 1 bed 1 bath units situated on a 12,000 square foot lot with two on-site parking spaces per unit. Tenants enjoy close proximity to the highly desirable 3rd Avenue retail corridor which offers countless retail and dining options for both locals and tourists. Lot size and zoning offers the investor the prospect of building more units.

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Multi-Family Pending

Price

$ 3,200,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Com-Res Income

Lot Size

0.275482

Town/City

Chula Vista

County/Region

San Diego

MLS | Web ID

240005516

Features
General
Heating Central Forced Air Elec
Cooling Central Forced Air Elec
Roof Composition
Zoning V-1
Construction Materials All Auto Sprinklers Cable Available Part Fenced Wood Fence
Year Built 0
Stories Count 2
Levels 2 Story
Property Subtype Com-Res Income
County San Diego
Operating Expense 75967.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Status PENDING
City Chula Vista
Senior Community Y/N N
Number Of Units Total 8
MLS Area South Bay
Lot Size Units Acres
Lot Size Square Feet 12000.0
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/240005516
Structure Type Apartment
Building Area Units Sqft
Living Area Units Sqft
Standard Status Pending
Total Actual Rent 20260.0
Cap Rate 5.09
Freehold IDX
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Interior
Flooring Slab
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Laundry Features Leased
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Spaces
Total Parking 16.0
Lot Size Area 0.28
Number of Buildings 1
Building Area Total 6000.0
Waterfront Y/N N
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* Excluded Features
List By
Aziz Zakkout

Listing Agent

Marcus & Millichap

Broker

(858) 859-9737

Phone

Affordability Calculator

$19,703
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,703
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$3,200,000 Listed Price

Map


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274 Madrona Street, Chula Vista, CA, 91910 is a Multi-Family Home for sale at $3,200,000 with 6,000 sqft and a lot size of 0.275482. 274 Madrona Street has 3 bedrooms and 2.0 baths. The property's zip code is 91910 which is in Chula Vista, CA