$1,500,000
520 F Ave National City, CA 91950
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$1,500,000
Est. payment /mo
6 Beds
4 Baths
5,315 Sqft Lot
UPDATED:
10/26/2024 02:41 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision National City
MLS Listing ID 240025364
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1993
Lot Size 5,315 Sqft
Property Description
Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!
Location
State CA
County San Diego
Community National City
Area National City (91950)
Zoning SPECIAL AN
Exterior
Exterior Feature Other/Remarks
Roof Type Composition,Other/Remarks
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $1,780
Listing Terms Cash, Conventional, FHA, VA
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Listed by John Rinaldi • Apropos
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