$800,000
$749,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
1611 E 7th St National City, CA 91950
0.25 Acres Lot
Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 160061869
Sold Date 12/16/16
HOA Y/N No
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Rare Income Opportunity.Fully rented 5 units,2 Br each with long term tenants ON DOUBLE CORNER LOT.Low current rents now but has potential to have 25% higher rents.Great money maker one story property on a DOUBLE LOT with potential to add/expand.Extra parking spots in front & back.Nice & Bright units on elevated corner of Palm & 7th St.Long term loyal tenants hence low current rents.Tenants are not aware of the sale so please do NOT disturb the tenants.NO sign on property.Each unit has 2 Br and $1200 rent potential per month.Visit the home from out side only.Shown with accepted offer only.Rare opportunity to make money on fully rented 5 units one story property in very desirable area of National City.Near shops/schools/Hwy/Transportation.Great opportunity.Won't last! Exterior: ,
Location
State CA
County San Diego
Area 91950 - National City
Zoning R4Multip
Interior
Heating Baseboard
Fireplace No
Exterior
Carport Spaces 5
Roof Type Composition
Total Parking Spaces 5
Others
Tax ID 5571110800
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Adam Cairo • South Coast Commercial, Inc.