National City, CA 91950,520 F Ave

$1,220,000

Est. payment /mo

$1,150,000

6.1%
Est.Price: ?

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520 F Ave National City, CA 91950

5 Beds

4 Baths

SOLD DATE : 03/18/2022

Key Details

Sold Price $1,220,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision National City

MLS Listing ID 220003847

Bedrooms 5

Full Baths 4

Year Built 1993

Property Description

Rare opportunity to own a fantastic Victorian 4 unit property in the heart of National City Historic District! Rental rates and projected rental rates make this building a very lucrative long-term investment. Additionally, you can easily apply for the Mills Act to save BIG on property taxes. The building has been well maintained and 3 of the 4 units have been recently renovated including new kitchens, flooring, and bathrooms. The property consists of one 2 bedroom 1 bathroom unit as well as three 1 bedroom 1 bathroom units. The central location is highly desirable and is close to Downtown, shopping, restaurants, entertainment, Naval Bases, and schools making the property easily rentable. This will be perfect to add to an investor's portfolio or for a 1st-time landlord where you can live in one unit for free and have your tenants pay the mortgage.

Location

State CA

County San Diego

Community National City

Area National City (91950)

Building/Complex Name National City

Exterior

Exterior Feature Wood/Stucco

Fence Partial

Roof Type Rolled/Hot Mop

Building

Story 2

Others

Acceptable Financing Cash, Conventional

Space Rent $1,040

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Corey Simone • eXp Realty of California Inc
Bought with John Rinaldi • Apropos
agent

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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