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Key Details
Sold Price $710,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision National City
MLS Listing ID 220002624SD
Sold Date 04/04/22
HOA Y/N No
Year Built 1925
Property Description
Fantastic investment in National City. 3 well maintained units near downtown San Diego, Chula Vista and San Diego Bay. Each tenant has their own individual yard/patio space; plenty of parking available. The lot is spacious and flat--zoned for R4 so opportunity to build more units. This property has been divided into three units and is currently rented for a total of $3,940 per month. There is one 2 bedrooms, 1 bath unit (~750 sq ft), one 1 Bed, 1 Bath unit (~500 sq ft) and one studio with 1 bathroom (~500 sq ft). Rents are currently below market and there is major upside! Each with their own entrance, kitchen, etc. Detached garage also converted to a studio unit. Permitting status for all work unknown and it is likely not permitted. All three units have wall electric heat and have their own mailbox with USPS. Variance granted 2-4 units - permitted status unknown Exterior: Wood/Stucco Number of Furnished Units: 0
Location
State CA
County San Diego
Area 91950 - National City
Building/Complex Name Palm Units
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Electric Water Heater, Gas Water Heater
Exterior
Fence Partial
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5572500400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Sonia Ramirez • Quicker Inc.