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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
Bedrooms-- Baths--

Monthly Estimate*

$ 19,964

Listed by Marcus & Millichap
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Commercial Property for sale in Chula Vista, CA

for $3,200,000. The lot size is 0.2755.

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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Commercial Pending

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2755

Town/City

Chula Vista

County/Region

San Diego

MLS | Web ID

240005516SD

Days on Market

645

Features
General
Heating Forced Air
Roof Composition
Zoning V-1
HOA Fee 0
Construction Materials Frame Stucco
Property Subtype Mixed Use
County San Diego
Net Operating Income 162797
Operating Expense 75967
Property Type Commercial Sale
Status Pending
City Chula Vista
Number Of Units Total 8
MLS Area 91910 - Chula Vista
Lot Size Units Square Feet
Lot Size Square Feet 12000
Listing Terms Cash Cash to New Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/240005516
Standard Status Pending
Property Sub Type Additional Mixed Use
Cap Rate 5.09
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Total Baths 0
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Exterior
Total Parking 16
Lot Size Area 12000
Number of Buildings 1
Lot Size Acres 0.2755
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* Excluded Features
List By
Marcus & Millichap

Broker

aziz.zakkout@marcusmillichap.com

Email

Affordability Calculator

$19,964
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,964
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,200,000 Listed Price

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274 Madrona Street, Chula Vista, CA, 91910 is a Commercial Property for sale at $3,200,000 with a lot size of 0.2755. The property's zip code is 91910 which is in Chula Vista, CA