National City, CA 91950,1006 Palm Ave
National City, CA 91950,1006 Palm Ave
National City, CA 91950,1006 Palm Ave
National City, CA 91950,1006 Palm Ave
National City, CA 91950,1006 Palm Ave
National City, CA 91950,1006 Palm Ave
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$710,000

$710,000

Est.Price: ?

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Est. payment /mo

4 Beds

3 Baths

691 SqFt


SOLD DATE : 04/04/2022

Key Details

Sold Price $710,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 691 sqft

Price per Sqft $1,027

Subdivision National City

MLS Listing ID 220002624

Sold Date 04/04/22

Bedrooms 4

Full Baths 3

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

Location

State CA

County San Diego

Community National City

Area National City (91950)

Building/Complex Name Palm Units

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco, Wood/Stucco

Parking Features Unit1:Assigned Unit2:Assigned Unit3:Assigned

Fence Partial

Roof Type Other/Remarks

Building

Story 1

Lot Size Range 7500-10889 SF

Water Available, Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1

Listing Terms Cash, Conventional

Financing Conventional

Pets Allowed Yes

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San Diego Regional MLS (SDMLS)
Listed by Savanna Kuhami • Zeal Property Group
Bought with Sonia Ramirez • Quicker Inc.
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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