124 Madison Avenue, Chula Vista, California 91910, Chula Vista, 91910 - 3 bed, 2 bath
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124 Madison Avenue
Chula Vista, California 91910
ACTIVE
CONDITION: GOOD
3Beds
2Baths
958Sq Ft
6,951Lot Size
Property Price
LIST PRICE$735,000
EST. MARKET VALUE
$715,305
SUMMARY
This Spanish-style Single Family Residence represents a Strong Value Opportunity, listed at $735,000—positioned well above the $691,884 Fair Market Value by -6%. Featuring a Condition Rating of 3 following a 2020 remodel, the home offers modern finishes and a flexible converted garage. The R-3 Zoning and expansive 6,951-square-foot lot provide significant development potential for an ADU. Ideally located near Downtown Chula Vista, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term development upside.
Estimated Market Value
$715,305
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Madison Avenue Subject | $735,000* List Price | 3 | 2 | 958 | $747 | - |
A 438 D Sold | $825,000 | 3 | 1 | 1,000 | $825 | 0.5 mi |
B 335 Brightwood Avenue Sold | $735,000 | 3 | 2 | 1,223 | $601 | 0.7 mi |
C 180 Fifth Ave Sold | $780,000 | 3 | 2 | 1,246 | $626 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was completely remodeled in 2020, which is approximately 6 years prior to the 2026 listing date, placing it in the 5-15 year renovation bracket. It features a modern open-concept layout with an updated kitchen, renovated bathrooms, new vinyl flooring, and dual-pane windows. While the original structure is from 1925, the comprehensive updates ensure it is move-in ready and well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The R-3 zoning combined with an expansive 6,951-square-foot lot provides significant upside for investors or homeowners looking to add an ADU or pursue multi-unit development.
- Turnkey Modern Upgrades
Extensively remodeled in 2020, the home features contemporary finishes, dual-pane windows, and updated essential systems, offering a move-in-ready experience in a classic Spanish-style frame.
- Prime Walkable Location
Ideally situated near Downtown Chula Vista and the historic Third Avenue corridor, the property offers high lifestyle appeal with immediate access to local dining, breweries, and shopping.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At just 958 square feet for a three-bedroom layout, the interior living spaces and bedrooms may feel undersized and cramped for growing families or those requiring more storage.
- Moderate School Ratings
The assigned public middle and high schools carry a rating of 4, which may be a deterrent for buyers specifically seeking top-tier educational performance in their neighborhood.
About 124 Madison Avenue
Welcome to this charming 3-bedroom, 2-bath Spanish-style home situated on a spacious 6,951-square-foot lot in a prime Chula Vista location. Completely remodeled in 2020, the home offers a bright, open-concept floor plan featuring dual-pane windows, vinyl flooring, an updated kitchen and renovated bathrooms. The converted garage provides additional flexible space that can be utilized as a bonus room, home office, gym, playroom etc. Zoned R-3, the expansive yard presents exciting possibilities for an ADU, pool or future development, subject to city approval. Ideally located near the heart of Downtown Chula Vista and historic Third Avenue, with convenient access to popular dining, coffee shops, breweries, shopping, parks and major freeways. Whether you are searching for a move-in-ready home, additional space or long-term investment potential, this unique property offers endless possibilities in one of Chula Vista’s most desirable and centrally located communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 6,951 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Chula Vista Unified Schools
Chula Vista Middle School
Grades 7-8 • 0.8 mi
4/10
Chula Vista Senior High School
Grades 9-12 • 1.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 958 | 2,059.6 |
| Lot Size | 6,951 | 7,008.88 |
| Price | $735.0K | $959.7K |
| Price per sq ft | $767 | $487 |
| Built year | 1925 | 2000 |
| HOA | $0 | $134 |
| Days on market | 44 | 45 |
Pricing History
Listed for Sale
Jul 27, 2026
$735,000
Initial Listing
Sold
Aug 18, 2020
$432,000
Public Record
Sold
Jul 24, 2020
$390,000
Public Record