$1,220,000
$1,150,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
520 F Ave National City, CA 91950
Key Details
Sold Price $1,220,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision National City
MLS Listing ID 220003847SD
Sold Date 03/18/22
HOA Y/N No
Year Built 1993
Property Description
Rare opportunity to own a fantastic Victorian 4 unit property in the heart of National City Historic District! Rental rates and projected rental rates make this building a very lucrative long-term investment. Additionally, you can easily apply for the Mills Act to save BIG on property taxes. The building has been well maintained and 3 of the 4 units have been recently renovated including new kitchens, flooring, and bathrooms. The property consists of one 2 bedroom 1 bathroom unit as well as three 1 bedroom 1 bathroom units. The central location is highly desirable and is close to Downtown, shopping, restaurants, entertainment, Naval Bases, and schools making the property easily rentable. This will be perfect to add to an investor's portfolio or for a 1st-time landlord where you can live in one unit for free and have your tenants pay the mortgage. Exterior: Wood/Stucco Unit # for Unit 1: #1 Unit # for Unit 2: #2 Unit # for Unit 3: #3 Unit # for Unit 4: #4 Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 91950 - National City
Building/Complex Name National City
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
View None
Roof Type Rolled/Hot Mop
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5562322000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with John Rinaldi • Apropos