$1,099,000
Extensively remodeled duplex in a highly desirable Chula Vista location, offering a rare opportunity for both investors and owner-occupants seeking immediate income potential with long-term upside. VA and FHA approved, with No HOA and No Mello-Roos, Situated on a generous 6,534 sq. ft. lot, the property features approximately 1,536 sq. ft. of living space across two well-appointed residential units. The expansive lot may offer future development potential, including the possibility of additional improvements or accessory dwelling units (ADUs), subject to City approval and applicable regulations. Buyers are encouraged to independently investigate and verify zoning, land use, development standards, ADU eligibility, permits, setbacks, utility requirements, and all future development possibilities with the City of Chula Vista. Buyer and Buyer's Agent to verify all information, including square footage, lot size, room dimensions, permits, and property characteristics prior to close of escrow. The property offers excellent parking convenience with two single-car garages and four additional uncovered concrete parking spaces in front of the property, providing ample off-street parking for residents and guests. Unit 757 Madison Ave offers 2 bedrooms, 1 bathroom, and an additional room with a closet measuring approximately 5' x 10', providing flexible space suitable for storage, or other versatile uses. Unit 759 Madison Ave features 2 bedrooms, 1 bathroom, and an additional room with a closet measuring approximately 7' x 10', providing flexible space suitable for storage, or home office, enhancing overall functionality and livability. Both units include washer and dryer hookups conveniently located within the kitchen area, offering practical in-unit laundry capability. Both residences have been extensively remodeled and are equipped with newer mini-split air conditioning systems, delivering modern, energy-efficient climate control with independent temperature management in each unit. The property also features dual-pane, noise-reducing windows throughout both units, enhancing insulation, efficiency, and interior tranquility. Together, these thoughtful upgrades create a clean, turnkey living environment with a refined modern feel. Ideally located just minutes from the Chula Vista Shopping Center and a wide selection of major retailers including Costco, Walmart, and Target, the property offers exceptional everyday convenience. A variety of dining, grocery, and essential services are also nearby, with convenient access to major transportation corridors throughout the South Bay. Additionally, the property is located within approximately one mile of the proposed Pangaea Sports & Entertainment District, a long-term mixed-use development concept currently in early planning stages. Any potential future impact, timing, or final scope of development remains subject to governmental review, environmental studies, approvals, and developer milestones, and is not guaranteed. A rare opportunity to acquire a fully remodeled, income-producing duplex in one of Chula Vista’s most convenient and evolving residential corridors, offering strong current appeal with compelling future potential.
Click to interact with map
Listed by Pablo Martin with HomeSmart Realty West (760) 607-5900
Property Type
Duplex
Status
Active
MLS Number
PTP2604155
Year Built
1954
Lot Size
6,534 sq ft