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Angela Rackley

rackleya32@yahoo.com +1(619) 559-1604

$ 1,049,000

Est. payment -/mo

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Price Dropped by $50K

757-759 Madison AVE Chula Vista, CA 91910

4 Beds

2 Baths

1,536 SqFt

Open House

Sat Jun 06, 12:00pm - 7:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,536 sqft

Price per Sqft $682

MLS Listing ID PTP2604155

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1954

Lot Size 6,534 Sqft

Property Sub-Type Duplex

Property Description

MOVE-IN READY, RECENTLY REMODELED DUPLEX IN A DESIRABLE CHULA VISTA LOCATION WITH STRONG RENTAL DEMAND, PROJECTED RENTAL INCOME OF APPROXIMATELY $2,950 PER UNIT ($5,900 PER MONTH TOTAL)! LIVE IN ONE UNIT AND RENT THE OTHER, 6534 SQ FT LOT WITH POTENTIAL FOR FUTURE 2 ADU'S DEVELOPMENT (SUBJECT TO CITY APPROVAL), OFFERING TO EXPAND RENTAL INCOME AND MAXIMIZE LONG-TERM VALUE, VA AND FHA APPROVED, NO HOA. NO MELLO-ROOS, POTENTIAL FOR SHORT-TERM OR MID-TERM RENTAL USE (SUBJECT TO CITY OF CHULA VISTA REGULATIONS AND APPROVAL), PROVIDING ADDITIONAL FLEXIBILITY FOR FUTURE INCOME, THE PROPERTY INCLUDES TWO SINGLE-CAR GARAGES PLUS ADDITIONAL OFF-STREET PARKING, BOTH RESIDENCES ARE UPDATED AND FEATURE NEWER MINI-SPLIT A/C SYSTEMS, DUAL-PANE WINDOWS, AND CONVENIENT WASHER/DRYER HOOKUPS IN THE KITCHEN, BOTH UNITS ARE ADORNED WITH WHITE SHAKER CABINETS AND SPARKLING QUARTZ COUNTERTOPS. THE PROPERTY IS LOCATED WITHIN APPROXIMATELY ONE MILE OF A PROPOSED MAJOR SPORTS AND ENTERTAINMENT DISTRICT IN CHULA VISTA, A MIXED-USE DEVELOPMENT CURRENTLY IN THE PLANNING AND REVIEW PROCESS, OFFERING POTENTIAL FOR FUTURE AREA GROWTH AND ENHANCED NEIGHBORHOOD DEVELOPMENT.

Location

State CA

County San Diego

Area 91910 - Chula Vista

Zoning R-2

Interior

Cooling See Remarks

Fireplaces Type None

Fireplace No

Laundry In Kitchen

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

Schools

School District Sweetwater Union

Others

Senior Community No

Tax ID 5712100400

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2604155

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Pablo Martin HomeSmart Realty West 760-607-5900, DRE #01437588

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Phone

+1(619) 559-1604

rackleya32@yahoo.com