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    1006 Palm Ave

    National City, CA 91950
    • $619,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: 210021100
    $619,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Variance granted 2-4 units - permitted status unknown. Opportunity Zone! Excellent investment opportunity of 3 units in the heart of National City - one of the fastest growing and renewing cities in the county. This great location is near all the new construction and offerings in National City. It is also close to downtown San Diego with all the exciting construction and tech business coming there. Also, West Chula Vista and the Bayfront master plan are just South. This property has been divided into three units and is currently rented for a total of $3,940 per month. There is one 2 bedroom, 1 bath unit (~750 sq ft), one 1 Bed, 1 Bath unit (~500 sq ft) and one studio with 1 bathroom (~500 sq ft). The property also features the highest National City residential zoning status at RM-3 which could allow for adding units or building a larger new building on the site at a future date. BTVABCOE. This one won't last long. Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 2 Unit 3 Parking Spaces: 1 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
    www.debonishomes.com/homes/119750415
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    1006 Palm Ave National City, CA 91950

    • Price: $619,000
    • Status: Active
    • ID#: 210021100
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1925
    Built
    Neighborhood:
    National City
    County:
    San Diego
    Area:
    91950 - National City
    Property Description
    Variance granted 2-4 units - permitted status unknown. Opportunity Zone! Excellent investment opportunity of 3 units in the heart of National City - one of the fastest growing and renewing cities in the county. This great location is near all the new construction and offerings in National City. It is also close to downtown San Diego with all the exciting construction and tech business coming there. Also, West Chula Vista and the Bayfront master plan are just South. This property has been divided into three units and is currently rented for a total of $3,940 per month. There is one 2 bedroom, 1 bath unit (~750 sq ft), one 1 Bed, 1 Bath unit (~500 sq ft) and one studio with 1 bathroom (~500 sq ft). The property also features the highest National City residential zoning status at RM-3 which could allow for adding units or building a larger new building on the site at a future date. BTVABCOE. This one won't last long. Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 2 Unit 3 Parking Spaces: 1 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0
    Exterior Features

    Fencing Partial Parking Total 2 Roof Composition

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Association Fee 0 Cap Rate 5.35 Gross Scheduled Income 47280 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 33096 Senior Community YN No Tenant Pays Cable TvElectricity Zoning R-4:Multip

    Listing provided courtesy of Richard Rechif of Balboa California Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
     
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