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$725,000
EST. MARKET VALUE
$725,000
SUMMARY
This Spanish-style Single Family Residence is a Strong Value Opportunity, listed at $735,000—positioned slightly above the $728,656 Fair Market Value. While priced at market, the property offers significant long-term potential due to its R-3 Zoning and 6,951-square-foot lot, allowing for future ADU development. Featuring a Condition Rating of 3 with a 2020 remodel, the home provides a turnkey, open-concept layout. Its central location near Downtown Chula Vista and historic Third Avenue ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking development upside.
Estimated Market Value
$725,000
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 3 bd · 2 ba · 958 sqft · $757 | $725,000* List Price | 3 | 2 | 958 | $757 | - |
A 438 D Sold 3 bd · 1 ba · 1,000 sqft · $825 · 0.5 mi | $825,000 | 3 | 1 | 1,000 | $825 | 0.5 mi |
B 335 Brightwood Avenue Sold 3 bd · 2 ba · 1,223 sqft · $601 · 0.7 mi | $735,000 | 3 | 2 | 1,223 | $601 | 0.7 mi |
C 180 Fifth Ave Sold 3 bd · 2 ba · 1,246 sqft · $626 · 0.3 mi | $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.
Originally built in 1925, the home underwent a complete remodel in 2020 (approximately 6 years ago). The interior features updated bathrooms, modern vinyl flooring, dual-pane windows, and an open-concept layout. The property is well-maintained, functional, and fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property features a generous 6,951-square-foot lot with R-3 zoning, providing significant opportunities for an ADU, pool, or future multi-unit development in a high-demand area.
- Modernized Interior
Completely remodeled in 2020, the home offers a move-in-ready experience with a contemporary open-concept floor plan, updated kitchen and bathrooms, and energy-efficient dual-pane windows.
- Prime Central Location
Ideally situated near Downtown Chula Vista and historic Third Avenue, the home provides excellent walkability and access to popular dining, breweries, shopping, and major freeway corridors.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At just 958 square feet for a three-bedroom home, the interior layout is exceptionally tight, which may result in small bedroom sizes and limited common living areas.
- Lack of Traditional Garage
The garage has been converted into a bonus room, which eliminates covered off-street parking and traditional garage storage, a potential drawback for buyers with multiple vehicles.
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 | 2,068.194 |
| Lot Size | 6,951 | 7,007.161 |
| Price | $725.0K | $959.6K |
| Price per sq ft | $757 | $489 |
| Built year | 1925 | 2000 |
| HOA | $0 | $137 |
| Days on market | 90 | 45 |
Pricing History
Listed for Sale
Oct 1, 2026
$725,000
$735,000
-1% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$735,000
Initial Listing
Sold
Aug 18, 2020
$432,000
Public Record
Sold
Jul 24, 2020
$390,000
Public Record