Location, location…. this is what you’ve been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $6786 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Owner may carry with 40% down. Shown ONLY with an accepted offer.
PropertiesMorgan Scott2024-05-10T12:24:32+00:00
Property Description
Features
: None
: Natural Gas, Wall/Gravity
: None
: Partial
: Non-Garage(Assigned), Garage
: Sewer Connected
Appliances
: Range/Oven, Refrigerator, Gas Water Heater
Address Map
US
CA
SD
National City
National City
91950
16th Street
725-731
W118° 54' 11.7''
N32° 40' 17.2''
East Plaza Blvd to Highland Ave South to East 16th St
South Bay
E
RES-MULTI
Neighborhood
National School District
Sweetwater Union High School District
National School District
Additional Info
Berkshire Hathaway HomeServices California Properties
Additional Information
: Meter on Property
https://vimeo.com/952398734
2
4
: Curbs, Sidewalks
: Two
: Stucco, Wood Siding
Financial
: N/K
Listing Information
625192
68677
Berkshire Hathaway HomeServices California Properties
601338
68677
ACTIVE
2024-09-19T13:24:22Z
sdmls
: N/K
6 Bedrooms
4 Bathrooms
2,736
$1,395,000
Listing ID #240020786
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240020786
Price : $1,395,000
View : City
Bedrooms : 6
Bathrooms : 4
Square Footage : 2,736
Year Built : 1959
Lot Area : 0.15 Acre
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Composition
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