Properties

Chula Vista, CA 91910 274 Madrona Street

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Presented By: Aziz Zakkout with Marcus & Millichap;
  • MLS# 240005516SD
  • 03/13/2024
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Home Details

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.
Presented By: Aziz Zakkout with Marcus & Millichap;

Interior Features for 274 Madrona Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes

General for 274 Madrona Street

Cap Rate5.09
CityChula Vista
Construction MaterialsFrame, Stucco
CountySan Diego
HOA Fee$
HeatingForcedAir
Listing TermsCash, CashToNewLoan
Lot Size Square Feet12000
Lot Size UnitsSquareFeet
MLS Area91910 - Chula Vista
Net Operating Income162797
Number Of Units Total8
Operating Expense75967
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
RoofComposition
Standard StatusPending
StatusPending
Virtual TourClick here
ZoningV-1

Exterior for 274 Madrona Street

Lot Size Acres0.2755
Lot Size Area12000
Number of Buildings1
Total Parking16

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,200,000
MLS#240005516SD
List Date 03/13/2024
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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