$710,000
$710,000
For more information regarding the value of a property, please contact us for a free consultation.
1006 Palm Ave National City, CA 91950
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sonia Ramirez • Quicker Inc.