Listed by Erik Anderson, NorthMarq Multifamily,

1019 E Ave

National City, CA, 91950

$3,960,000

$3,960,000
Active
Active
 - For Sale
property_type
Commercial
DO NOT DISTURB TENANTS, SHOWN ONLY WITH ACCEPTED OFFER. Excited to present for sale, E Avenue Apartments in National City, CA. E Ave Apartments is a pride of ownership, value-add 16-unit cottage-style property for sale in the heart of National City in San Diego. Set in a charming single-family layout, the property enjoys easy access to numerous retail shops and restaurants, Kimball Park, South Bay Military bases, and Interstate-5. E Avenue Apartments offers a rare design of eight duplexes, all with private patios. All buildings feature flat-roof style architecture with new exterior paint and gated patios for extra private space. Half of the units have been renovated, while the rest are untouched and have further room to improve and push rents closer to market. The complex offers investors the opportunity to purchase a well-maintained property with tremendous upside in one of San Diego’s most historic neighborhoods. Any investor will surely enjoy low vacancies, high rent growth and great cash flow for many years to come.
MLS® ID:
220014170SD
Listed:
6/2/22
Updated:
8/8/22

Exterior/Building Features

Lot Size
0.56 acres lot

Other Property Details

Area Name
91950 - National City
Garage
No
Parking
N
Parking Total
14.0
View
N
County
San Diego
Pool
No

Property History

Date
Event
Price
Value
7/5/22
Price Change
$3,960,000
-4%

 

Listed by Erik Anderson, NorthMarq Multifamily,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/8/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:27 PM UTC, 8/8/22

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