National City, CA 91950,541 L Avenue
National City, CA 91950,541 L Avenue
National City, CA 91950,541 L Avenue
National City, CA 91950,541 L Avenue
National City, CA 91950,541 L Avenue
National City, CA 91950,541 L Avenue
See all 42 photos

$1,155,000

$1,100,000

5.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

4 Baths

7,932 Sqft Lot


SOLD DATE : 06/30/2022

Key Details

Sold Price $1,155,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2203851

Sold Date 06/30/22

Bedrooms 5

HOA Y/N No

Lot Size 7,932 Sqft

Property Description

We are pleased to present 541-543 L Avenue, LIVE IN ONE AND RENT OUT THE OTHER. Newly remodeled, fully permitted duplex on a large 7932 square foot corner lot. The property consists of 1) 3BD/2BTH home, potential rent is $3000-$3300, and 1) 2BD/2BTH home, potential rent is $2500-$3000. Large fully fenced yard that can be separated if desired.Each home has modern cabinetry, vinyl dual pane windows, new roof, plumbing, and electrical, separate meters.New kitchen countertops and appliances. New bathroom tile, vanities, and mirrors.New vinyl plank flooring and can lighting. Each unit complete with Mini splits-a/c and heating systems-and laundry hookups. New interior/exterior doors and hardware and interior/exterior paint.Plenty of storage space in both units, storage unit on bottom level.Minimum 4 parking spots. INVESTOR PROPERTY with potential monthly income in the $5500 to $6300 which is a net operating income in the $47,520 to $54,432 range and cap rate 4.3% to 4.9% in San Diego, which has low vacancy rates and rising rents.
We are pleased to present 541-543 L Avenue, LIVE IN ONE AND RENT OUT THE OTHER. Newly remodeled, fully permitted duplex on a large 7932 square foot corner lot. The property consists of 1) 3BD/2BTH home, potential rent is $3000-$3300, and 1) 2BD/2BTH home, potential rent is $2500-$3000. Large fully fenced yard that can be separated if desired.Each home has modern cabinetry, vinyl dual pane windows, new roof, plumbing, and electrical, separate meters.New kitchen countertops and appliances. New bathroom tile, vanities, and mirrors.New vinyl plank flooring and can lighting. Each unit complete with Mini splits-a/c and heating systems-and laundry hookups. New interior/exterior doors and hardware and interior/exterior paint.Plenty of storage space in both units, storage unit on bottom level.Minimum 4 parking spots. INVESTOR PROPERTY with potential monthly income in the $5500 to $6300 which is a net operating income in the $47,520 to $54,432 range and cap rate 4.3% to 4.9% in San Diego, which has low vacancy rates and rising rents.

Location

State CA

County San Diego

Area National City (91950)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Frank Jimenez • Real Living Lifestyle Properti
Bought with Connor J Flynn • Class Realty Group
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

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

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.