$1,925,000
$2,100,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3022 D Avenue National City, CA 91950
Key Details
Sold Price $1,925,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 180045636
Sold Date 10/31/18
HOA Y/N No
Property Description
We are pleased to offer for sale the D Avenue Apartments, an eleven (11) unit apartment community located in National City, CA. The subject property is situated on a large lot totaling 38,574 square feet on three (3) contiguous parcels. The property is comprised of eleven (11) Two-Bedroom/One-Bath units, totaling approximately 7,932 rentable square feet situated in five (5) residential buildings. The six (6) unit building was constructed in 1944, the four (4) unit building was constructed in 1960, and the free-standing house was constructed in 1914. Residents enjoy ample off-street parking and on-site laundry facility. The offering the prudent investor the opportunity to acquire a multifamily asset in one of the highest demand rental submarkets in San Diego County. The new owner will enjoy the security of having the property situated in close proximity to the coast, schools, local shopping, restaurants, as well as having easy access to Interstates 5, 54 and 805.
Location
State CA
County San Diego
Area 91950 - National City
Zoning MXC-1
Interior
Fireplace No
Others
Tax ID 5652530700
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with Chris Robinson • Acre Investment Real Estate