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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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

Sold Date 04/04/22

Bedrooms 4

Full Baths 3

HOA Y/N No

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

Garage Unit1:Assigned Unit2:Assigned Unit3:Assigned

Fence Partial

Roof Type Other/Remarks

Building

Story 1

Lot Size Range 7500-10889 SF

Water Available, Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1

Listing Terms Cash, Conventional

Financing Conventional

Pets Description Yes

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

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


San Diego Regional MLS (SDMLS)
Listed by Savanna Kuhami • Zeal Property Group
Bought with Sonia Ramirez • Quicker Inc.
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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