41 Madison Ave, Chula Vista, CA, 91910
About This Home
Exceptional turnkey 5-unit multifamily/Condo investment opportunity in Chula Vista! All five units will be delivered vacant, allowing the new owner to lease immediately at current market rents and maximize cash flow from day one. A rare opportunity for investors or 1031 exchange buyers seeking a fully renovated, low-maintenance asset with immediate income potential and future upside. Development plans included with ADU potential (buyer to verify). Ideally located just minutes from Downtown CV/Third Ave, CV Center, public transportation, hospitals, etc. With nearby redevelopments, this location offers strong long-term appreciation potential. Each unit offers 2 bedrooms/1 bathroom and parking. Recent upgrades include remodeled kitchens with new appliances, modern bathrooms, luxury vinyl plank flooring, new windows, fresh interior/exterior paint, individual mini-split HVAC systems, refurbished roof, new commercial-grade 100-gallon water heater (2025), upgraded landscaping, and driveway improvements. Additional features include an automatic gated entrance, 9 on-site parking spaces, private enclosed patio/balcony with storage for each unit, individually metered gas and electric, shared water, and strong rental appeal. A truly turnkey investment with significant value-add potential in a high-demand rental market. Many financing options available please Inquire. Contact agent Janette Dias 619.348.2015
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Materials
- Roof: Composition
- Construction materials: Fully Landscaped,Metal Fence,Rear Sprinklers,Wood Fence
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Features
- Flooring: Slab,Wood
Heating & Cooling
- Heating features: Wall
- Cooling features: Wall/Window
Interior Area
- Total structure area: 4,036
- Total interior livable area: 4,036 sqft
Property
Details
- Parcel number: 5650401700
- Zoning: R-3
- Zoning description: R-3
- Special condition: Call Agent
Features
- Levels: 2 Story
- Stories: 2
Lot
- Lot size: 10,018 sqft
Parking
- Total spaces: 9
- Parking features: Spaces
- Covered spaces: 9
- Carport spaces: 9
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,582 | $114,984 |
| Home Insurance * | $365 | $4,380 |
| Property Taxes | $1,058 | $12,696 |
| Electricity | $865 | $10,385 |
| Total | $11,870 | $142,440 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-11 | Listed for sale | $1,895,000 |
| 2026-04-10 | Sold | $1,000,000 |
| 2026-03-13 | Pending sale | $1,320,000 |
| 2026-03-13 | Listed for sale | $1,320,000 |
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