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Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,105 sqft
Price per Sqft $1,108
Subdivision National City
MLS Listing ID 230004663
Sold Date 07/07/23
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1989
Lot Dimensions 40x113.38
Property Description
Amazing 4 unit investment opportunity In National City with opportunity to develop further! By right two ADU's can be added. Additionally, you may be able to add one bonus ADU and one affordable housing ADU! Strong rental rates that continue to climb make this property an incredible purchase for any real estate investor. The building benefits from recent system upgrades, new appliances, fresh paint in 2022 and low maintenance landscaping. All units have engineered hardwood floors, fresh paint, and look as they do in the photos. Well maintained and upgraded building includes two 3 bedroom 2 bathroom units as well as two 1 bedroom 1 bathroom units. All units currently have tenants in place. Situated on beautiful 4th Street the building is surrounded by a large, fully fenced, flat lot with ample tenant parking. National City is rated San Diegos most walkable city. Moments from the waterfront, beautiful parks, great schools, freeway access, shopping, and business centers. NOW is the time to invest in National City as it reaches to an incredible future while keeping its longtime heritage and charm.
Location
State CA
County San Diego
Community National City
Area National City (91950)
Building/Complex Name NK
Zoning RS-2
Interior
Heating Natural Gas
Exterior
Exterior Feature Wood
Fence Full, Gate
Roof Type Composition
Building
Story 3
Lot Size Range 4000-7499 SF
Level or Stories 3 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,550
Listing Terms Cash, Conventional, FHA, VA
Financing Conventional
Pets Allowed Allowed w/Restrictions
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Bought with Zachary Weissenborn • eXp Realty of California, Inc.