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$ 1,500,000
Est. payment /mo
Active
520 F AVE National City, CA 91950
5,314 Sqft Lot
UPDATED:
12/10/2024 10:19 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2407372
HOA Y/N No
Year Built 1993
Lot Size 5,314 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
Area 91950 - National City
Zoning SPECIAL AND/OR MISC
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Suburban, Park
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park, Near Public Transit
Story 2
Sewer Public Sewer
Others
Senior Community No
Tax ID 5562322000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Listed by John Rinaldi • Apropos Investments