223 Madrona

About This Home

Exceptional triplex with established rental income in one of Chula Vista's most desirable neighborhoods! This versatile property is ideal for investors or owner occupants, featuring two tenant-occupied duplex units generating steady monthly income and a vacant detached home ready for immediate occupancy. The duplex consists of two spacious units, each offering over 800 square feet with 2 bedrooms, 1 bathroom, private rear patios, one assigned on-site parking space, and many updates throughout. Photos of the duplex units were taken prior to tenant occupancy and showcase the bright, sun-filled interiors. The detached residence is a charming 2-bedroom, 1-bathroom home featuring an extra large attached one car garage with additional storage area, and the privacy of a single-family residence. Move right in while benefiting from the existing rental revenue, or lease the third unit to maximize returns. All three residences have been updated, offering an investment with minimal deferred maintenance. Conveniently located just minutes from the exciting Chula Vista Bayfront redevelopment, marina, waterfront parks, historic downtown district, shopping, dining, schools, and public transportation, with quick access to both Interstate 5 and Interstate 805. An outstanding opportunity to own a well maintained, income producing property in a prime Chula Vista location.

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