520 F Ave new

National City,CA 91950

$ 1500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision National City

MLS Listing ID 240025364SD

HOA Y/N No

Year Built 1993

Lot Size 5,314 Sqft

Acres 0.122

Property Description

Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!

Location

State CA

County San Diego

Area 91950 - National City

Zoning SPECIAL AN

Interior

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 5562322000

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

View More
Favorite Go Tour