National City, CA 91950,1006 Palm Ave
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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

$710,000

Est. payment /mo

$710,000

Est.Price: ?

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1006 Palm Ave National City, CA 91950

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

Bedrooms 4

Full Baths 3

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

Water Available, Meter on Property

Others

Acceptable Financing Cash, Conventional

Space Rent $1

Listing Terms Cash, 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

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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